Plasma Says ‘No Sale’ but Who’s Counting? 💸

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Oh, sure, they’re all locked up. Because nothing says “trust me” like a three-year cliff. Who needs transparency when you’ve got a time bomb? 🕵️‍♂️

We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight.

1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff.

2/ Of our team of ~50, three spent time at Blur or Blast. Our team…

– Paul (@pauliepunt) October 1, 2025

“No team members have sold any XPL,” they say. Meanwhile, the market’s like, “Yeah, right. Where’s the proof? And why’s the moon still in the sky?” 🚨

Market Action and Chart Signals

XPL’s price is down 40% since its peak. Because nothing says “investment” like a rollercoaster that’s been on a diet. 🎢

This is the first $XPL setup since the selloff started that looks appealing for a bounce.

Combined with the team announcing they sold 0 tokens and not working with winternuke.

Would not be surprised to see this trading above $1.2 soon.

Second target: trillions

– Luke Martin (@VentureCoinist) October 1, 2025

“This is the first $XPL setup since the selloff started that looks appealing.” Oh, great! Now we’re all just waiting for the “trillions” to materialize. Because nothing says “confidence” like a 100% guess. 🤷‍♂️

Machi Big Brother’s $11M Loss

Celebrity trader Jeffrey “Machi Big Brother” Huang has taken heavy losses on Hyperliquid. Just two weeks ago, his 5x leveraged XPL long position showed $44 million in profit. Today, it’s a $10.9 million loss. Because nothing says “financial genius” like a 5x leveraged XPL long that’s now a 5x leveraged XPL long in the red. 📉

XPL faces a decisive moment at the $0.85 level. Plasma’s clarity on token locks could restore trust, but volatility remains a major risk. Which is just another way of saying, “Hope you’re not holding the bag.” 🤞

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2025-10-02 10:51