strong buy

Plasma Sale Surges with $500M Filled in Minutes, Expecting 3-5x Gains

Everyone who invested in Plasma, congratulations! As previously mentioned, this will be the most hyped sale of the year, filled within two minutes with $500 million. I participated through Impossible Finance, paying a 10% fee on the allocated amount. They managed to allocate 65% of the total size, as multiple wallets were used for diversification. Specifically, out of $17 million, $11 million was allocated. They plan to allocate in the next tranche, which is expected to increase within the week. Even considering the current cap and this level of allocation, my share remains substantial. In total, 1,100 lucky participants took part, fewer than the number of whitelist spots in top-tier CoinList options during good times. Given that 35% of the supply is held by the top 10 wallets, and with no one expected to receive the drop at TGE, I anticipate a 3-5x return from a project with full Tether support. I hope they won't raise the cap to 2 billion and will stay around or below 1 billion. If you don't believe in Plasma, then which project can you truly trust at this early stage? It sounds like Plasma will lose money, but some are holding even $600 million in Sugar on BiddlePad and are doing fine. In any case, this offers better annual percentage yields than all other DeFi ideas. By the way, I saw that a new project with Tether support called Stable is launching, but there’s a difference: Plasma (SUI) -> Stables (Movement) - led by Hack VC, but without strong Tether backing like Plasma. Successful Liquidity mining on Sonar will draw even more liquidity. If you participated in the first round, congratulations. There are no better DeFi ideas out there; I expect 30-50% APR over two months. Deposit cap: 06060606 Total deposits: "
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AI Analysis

The rapid filling of the Plasma sale within two minutes demonstrates intense market interest and strong demand for early-stage DeFi projects. The participation through Impossible Finance with a 10% fe...

AI Recommendation

Investors should consider the high demand and limited early participation as positive signs of a promising project with significant upside potential. If participation was successfully secured, maintai...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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