Plasma CEO denies claims of team selling allocation as XPL token drops 45% from peak

October 2, 2025

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Plasma CEO denies claims of team selling allocation as XPL token drops 45% from peak

Plasma’s XPL token has fallen 45% from its peak, and founder Paul Faecks has denied rumors of insider selling, market maker ties, or team exits. The volatility followed XPL’s rapid rise after its late September launch. The token debuted around…

* This article was originally published here

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