Plasma (XPL) uses zero Gas stablecoin payments and integrates with BTC's secure architecture to enter the public blockchain track, ranking first in the Presale Crypto List hot list. This article analyzes its investment logic and presale mechanism.
What is Presale Crypto List?
Presale Crypto List refers to a list of cryptocurrency projects that are currently in or about to enter the presale stage. The presale stage is typically the token issuance phase before the project is listed on exchanges, with lower prices and complex lock-up mechanisms, but it also means that early participation has the potential for higher returns.
Presale projects are often regarded as the “seed round investment” in the crypto sector, suitable for experienced investors who can bear high risks.
The Rise of Plasma (XPL): The Core Focus of the Pre-sale Market
Plasma is an innovative public blockchain aimed at the circulation of stablecoins, led by Tether, Founders Fund, Polychain, and others, designed to address the pain points of current mainstream chains in stablecoin payments, cross-chain settlement, and transaction privacy.
Project Highlights Overview:
- UTXO Architecture + EVM Compatibility: Balancing Bitcoin Security and Ethereum Programmability;
- USDT as Gas: Supports the use of stablecoins for on-chain operations, providing a user-friendly experience.
- Fee-free mechanism: Simple trading scenarios are completely fee-free, lowering the threshold for user participation.
- Privacy Trading: Supports optional privacy mode while providing customized services for enterprises.
- Plasma Vault model: Obtain XPL quota by depositing stablecoins to avoid purchase imbalance.
Pre-sale progress:
According to The BlockBeats, the first round of the $500 million quota for Plasma XPL sold out in a matter of minutes, and the second round was also completed within 30 minutes. The project’s current valuation is approximately $500 million, and it is expected to attract secondary market attention after the mainnet launch.
Why is Plasma supported by Tether and institutions?
The biggest difference between Plasma and traditional L1 is that its native design is specifically aimed at facilitating the transfer, settlement, and use of stablecoins:
- Tether’s strategic investment means that USDT can seamlessly connect to the Plasma network, achieving a closed loop for stablecoin payments.
- The joint endorsement by Founders Fund and Polychain indicates that the project not only has strong technology but also possesses long-term business imagination.
- The node profit design is reasonable, and the USDT gas model can provide stable income for nodes, incentivizing the construction of a healthy ecosystem.
Overall, Plasma is not just a new project that炒概念, but a core infrastructure that truly fits the landing of stablecoin Web3 applications.
Overview of Other Popular Presale Projects
The following are several cryptocurrencies that are currently popular on the Presale Crypto List (listed only, no detailed description):
- $HYPER: Bitcoin scalability solution;
- $RTX: Web3 payment platform;
- $T6900: Social Meme Project;
- $SPY: Offline Payment Ecosystem;
- $SUBBD: AI content subscription project.
Although these projects each have their highlights, there are still gaps in financing background, innovative models, and ecological support compared to Plasma.
Investor Guidelines and Strategy Recommendations
- Early participation requires caution regarding lock-up rules: Plasma uses a Vault model that is relatively complex, and it is recommended to read the white paper and purchase rules carefully.
- Follow the unlocking rhythm and mainnet schedule to prevent losses due to short-term liquidity shortages;
- Do not heavily invest in a single project. It is recommended to limit investment in a single presale cryptocurrency to no more than 10% of your investment portfolio.
- Continue to follow the Plasma team’s updates, especially regarding technical progress, audit reports, and node deployment status.
Conclusion
Against the backdrop of the gradually forming expectations of a current bull market, Plasma (XPL), with its stablecoin-oriented design and endorsements from top institutions, should be a key focus in the Presale Crypto List. While investing carries risks, high-quality sectors and hardcore products are always the keys to navigating through cycles.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
