💥Today looks set to be a big day! Unexpectedly, last night there was also a new coin raid. Currently, Binance’s user base stands at 198,000 active participants.
February 3rd Highlights:
1️⃣ TRIA – Airdrop with $12M financing and strong growth potential. Price is expected to move between $30–$70 around 16:00–19:00. Score: 241+. Many missed it last night, likely waiting for today’s opportunity.
2️⃣ ZAMA’s new coin – Last night, early participants made over $100 profit in a single session. New coin offerings are turning out to be very profitable.
$XPL Market Insight:
The recent sharp drop of XPL has discouraged many holders. It’s not just XPL — coins like BNB and ETC, along with global financial assets and gold, have also fallen. Compared to other altcoins, XPL’s development fundamentals remain strong.
The drop is mostly due to market environment and liquidity issues, not the project itself. Rising Fed hawkish expectations and global liquidity tightening triggered a broad crypto correction, with BTC leading the decline and affecting the entire sector. Risk-averse sentiment before the holiday caused short-term funds to cash out, leveraged positions were liquidated, and retail investors followed suit, breaking key support levels.
Importantly, Plasma’s BTC ecosystem remains intact. This drop is a short-term liquidity and sentiment disturbance, not a fundamental problem. With its ties to Tether and Binance, I still have strong confidence in XPL’s long-term development.