The Plasma launch and GTM has been very impressive. I've seen so many chains launch in the past with basically nothing on day 1. It would usually take months for there to be a central ecosystem dashboard, and there would be very few apps to try and not much to do. With Plasma, I was able to easily bridge, deposit into a number of blue chip DeFi protocols, and see all the incentives in one place because of their main dashboard. Sounds simple, but very few have executed this well at launch. I'm a big fan of the neobank vision as well. I don't have a massive view on the token. Low float means it can continue to pump in the short term, and it has a lot going for it on both the fundamentals and narrative side. But a lot of supply will have to change hands eventually, as they have made a lot of people quite rich on paper. 12B FDV the day after launch is huge. Could argue it is fairly priced based here now based on current metrics and partners? About the same amount of stables on the...
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