Uptrade retweetet
XPL has been beaten to a pulp.
But i think its shaping for one of the best r/r plays rn.
The team is still building, the culture Paul has created around this project is one of the better ones I have seen, relatively transparent, convicted, and moving toward a real product in Plasma One. And despite its PA, i see a lot of respected accounts on X staying engaged in developments and wanting plasma to win.
Paul has said on record, multiple times, that a token without value accrual is uninvestable. Which tells me he knows exactly what XPL currently is and exactly what needs to change.
My thesis for accumulating over the past few months is the market right now is valuing XPL on today. No accrual, early stage, uncertain, expected high emissions. And the price reflects that, fair enough.
But most great investment in history has been made by people willing to value something on where it is going rather than where it is. Forward looking valuation is how $$ is built.
XPL today is being priced as if nothing changes. And if nothing changes, well, price won't go anywhere, but I am betting something does and todays price looks like the accumulation zone people draw circles around on old charts.
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