🚨 NEW: Plasma Founder Denies XPL Sell Rumors

Plasma founder Paul Faecks clarified that no team members have sold XPL tokens, and that all team + investor allocations are under a 3-year lock-up with a 1-year cliff.

He also denied any engagement with Wintermute as market maker, stating no service contracts exist.

💡 Why this matters for traders:

Builds confidence — no risk of insider dumping.

Long lock-up ensures stronger team commitment.

If sentiment recovers, XPL could face strong rebound pressure.

⚠️ Reminder: Always wait for confirmation (reversal candle or volume signal) before entering.

#CryptoNews #XPL #Plasma #BinanceSquare #denies

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