Mike Dudas
Trillions
254 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The XPL-USD chart shows a significant price surge, with a 24-hour change of +45.18% and a current price of $1.0019. Despite this strong performance, the post suggests that a $10 billion fully diluted valuation (FDV) for a pre-launch EVM chain is "insane" and likely to widen its gap with Tron's FDV over time. Investors should be cautious about the high valuation of XPL given its pre-launch status and the potential for a future price correction.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol