Plasma: XPL public sale quota remains at $500 million, fully diluted valuation is $5 billion

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On June 12, the stablecoin project Plasma officially announced that they would issue an emergency temporary notice at 8 AM and reopen the deposit limit at 9 AM to reduce bots and snipers, creating space for genuine participants. The $1 billion raised deposit is not an XPL sale itself, as the XPL public sale has not yet begun. All funds will be bridged to the Plasma mainnet testnet and fully owned by the depositors, who will participate in the sale based on the final unit ownership at the time of locking. The public sale terms remain unchanged: 500 million USD worth of XPL tokens will be sold, with a fully diluted valuation of $5 billion.

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