Plasma (XPL) CEO and founder Paul Faecks have defended the team members against an earlier unconfirmed allegation circulating via social media. Paul has posted on X stating that the rumors that are circulating, since the launch of XPL, are not based in truth, causing the fear, uncertainty and doubt of the community (FUD).
Plasma founder defends the project
During the last few days, the XPL holders were hit with rumors that the same developers of Blast (Blast) and Blur (Blur) migrated to plasma. In particular, both blast and blur projects have been suffered heavy losses in recent months, with their respective tokens still about 90% on the press.
As such, Paul has issued three defensive tackles to correct the records:
- No team members have an XPL-Paul insured the Plasmacommunity that investors and XPL tokens of team members have been locked for three years with a one-year cliff.
- Professional Plasma team -According to Paul, the Plasma team consists of around 50 members with three members who have a background from explosion and fading. He noticed that the Plam team also came from Google, Facebook, Square, Temasek, Goldman Sachs and Navei.
- No communication with winter mute – according to Paul, Plasma has not dealt with the maker Marker Wintermute.
“We are laser -oriented on building up the future of money and will not comment. We will remain incredibly grateful for the support of our community. Now back to work,” Paul noted.
XPL -Price remains under pressure
After a very hyped market launch, the XPL price has fallen more than 43% in the past four days to trade around 94 cents during the press. During the last 24 hours, the XPL price fell by 6.6%, while the wider crypto market was won in value.
Nevertheless, XPL and Plasma are well positioned to grow exponentially ahead in the midst of the regular acceptance of stablecoins. According to the market Data from CoinmarketcapXPL has a market capitalization of approximately $ 1.69 billion and a 24 -hour average -traded volume of around $ 2.89 billion.