Plasma’s recent token sale, oversubscribed close to seven times, is a testament to the deep retail and institutional demand for Plasma’s infrastructure that makes the stablecoin movement possible. This realization of the project’s success stands in stark contrast to increasing regulatory vigilance. This inquisitiveness is bolstered by the recent passage...
Plasma's $500 million valuation is eye-popping, isn't it? $373 million raised in just 10 days. The hype is undeniable. Let's be real, in the wild west of DeFi, a big number doesn't always equal a solid project. Is Plasma’s success the real plasma breakthrough we’ve been waiting for? Or is...
Backed by Tether’s sister company Bitfinex, Plasma, a Layer 1 blockchain specialized in stablecoins, has recently taken the crypto world by storm. It had a fabulously successful token sale. The sale was designed to raise $50 million for the nascent XPL token. Instead, it went on to capture a mind-blowing...
Okay, let's be real. Did anyone not see this coming? The NFT space, bless its chaotic heart, does this thing where it tries to cram everything into a feeding frenzy. Plasma's 746% oversubscription? Sounds impressive, right? That’s $373 million raised in ten days for a new Layer 1 blockchain dedicated...
PlasmaFDN recently made waves with its giant $373 million token sale. This event rocked the crypto community and beyond. The token sale was so popular that it was oversubscribed by approximately $320 million, highlighting the strong interest in the project. Things did not go all according to plan, as more...
$373 million. Let that number sink in. That’s exactly how much Plasma, a stablecoin-focused Layer 1 blockchain, just raised in its recent token sale. A staggering sum, especially when you consider the project's ambition to provide a "low-cost, fast, programmable blockchain." On the surface, it's a testament to the hunger...
Forget Wall Street, Plasma just dollar-sponsored the future on dank memes and diamond hands. $373 million. Let that sink in. Wall Street suits are just starting to figure out what blockchain actually is. At the same time, Plasma, one such project that is working to be the stablecoin’s paradise, just...
