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Plasma’s XPL Token Reaches $4.5 Billion Valuation in Pre-Market Trading

Plasma’s native token, XPL, surpassed a fully diluted valuation of $4.5 billion in pre-market activity, reflecting strong early investor demand.

Summary

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Terms & Concepts
  • Fully Diluted Valuation (FDV): A measure of a token's total market value if all possible tokens were in circulation, including those not yet released.
  • Pre-Market Trading: A trading session that occurs before regular market hours, often providing early indications of investor sentiment.
  • XPL Token: The native cryptocurrency of the Plasma project, recently valued at over $4.5 billion FDV in pre-market trading.