Plasma’s XPL Token Crashes 80% as Hype Fades Amid Woeful Debut

CoinDeskThursday, October 30, 2025 at 11:19:09 AM
Plasma’s XPL Token Crashes 80% as Hype Fades Amid Woeful Debut
The XPL token from Plasma has seen a staggering 80% drop in value following its lackluster debut, highlighting the volatility and risks associated with new cryptocurrencies. This significant decline raises concerns among investors and signals a potential shift in market sentiment, as the initial hype surrounding the token fades. Understanding these dynamics is crucial for anyone involved in the crypto space.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Stellar’s XLM Holds Steady at $0.2975 as Weak Volume Caps Rebound Momentum
NeutralCryptocurrency
Stellar's XLM has maintained a steady price of $0.2975, despite a lack of strong trading volume that has limited its rebound potential. This stability in price is noteworthy as it reflects the current market conditions and investor sentiment towards cryptocurrencies. Understanding these dynamics is crucial for investors looking to navigate the volatile crypto landscape.
SUI Slides as Token Unlock Concerns Trigger Breakdown to as Low as $2.27
NegativeCryptocurrency
The cryptocurrency SUI has seen a significant decline, dropping to as low as $2.27 amid concerns over token unlocks. This situation is alarming for investors, as it raises questions about market stability and the potential for further losses. Understanding these dynamics is crucial for anyone involved in the crypto space, as it highlights the risks associated with token releases and market reactions.
HBAR Declines 4% Following ETF Debut as Initial Euphoria Fades
NegativeCryptocurrency
HBAR has seen a 4% decline following the initial excitement surrounding its ETF debut. This drop highlights the volatility often seen in the cryptocurrency market, where initial euphoria can quickly fade. Investors are now reassessing their positions, which could signal a shift in market sentiment and impact future trading strategies.
Bitcoin Slides to $107K Range as More Than $400M in Longs Go up in Smoke
NegativeCryptocurrency
Bitcoin has recently dropped to the $107K range, causing significant losses for traders as over $400 million in long positions were liquidated. This downturn highlights the volatility of the cryptocurrency market and serves as a reminder for investors to be cautious. The sudden price drop not only affects individual traders but also raises concerns about the overall stability of the market, making it a critical moment for those involved in cryptocurrency investments.
Satoshi Nakamoto’s holdings fall by $4.9B over the past 24 hours, now at $118B
NegativeCryptocurrency
Satoshi Nakamoto's cryptocurrency holdings have plummeted by $4.9 billion in just 24 hours, bringing their total to $118 billion. This significant drop underscores the extreme volatility of the cryptocurrency market, which can dramatically affect the wealth rankings of global billionaires. As the market fluctuates, it raises questions about the stability and future of digital currencies, making this news particularly relevant for investors and enthusiasts alike.
‘Cut-throat’ battle for crypto ETNs erupts in UK after retail ban lifted
PositiveCryptocurrency
The recent lifting of the retail ban on crypto exchange-traded notes (ETNs) in the UK has sparked a fierce competition among issuers, who are now slashing fees to attract investors. This development is significant as it not only enhances access to cryptocurrency investments for retail investors but also indicates a growing acceptance of digital assets in traditional finance. As companies vie for market share, consumers stand to benefit from lower costs and more options, making this a pivotal moment for the UK's crypto landscape.
Here’s why the crypto market is crashing today and liquidations rising
NegativeCryptocurrency
Today, the crypto market is experiencing a significant downturn, with Bitcoin dropping to $108,000 and Ethereum falling below $4,000. This decline has led to a 4% decrease in the total market capitalization of cryptocurrencies, now at $3.64 trillion. The Fear and Greed Index indicates rising fear among investors, which could lead to further liquidations. This matters because it reflects the volatility and uncertainty in the crypto space, impacting investors and the broader financial market.
BONK Defends $0.000014 Support as Volume Surges 71%
PositiveCryptocurrency
BONK has successfully defended its support level of $0.000014, with trading volume surging by an impressive 71%. This surge indicates growing interest and confidence among investors, which is crucial for the cryptocurrency's stability and potential growth. As the market continues to evolve, BONK's ability to maintain this support could signal a positive trend for its future.
Latest from Cryptocurrency
Forget Cardano, Why Shiba Inu’s Shibarium Is The Real Ghost Chain
NegativeCryptocurrency
Shiba Inu's Shibarium is facing significant challenges as it attempts to transition from a meme coin to a functional blockchain. Despite its potential, developer interest and user engagement have plummeted, leading to a sharp decline in network growth. Recent technical and security issues have further exacerbated the situation, causing many users to abandon the platform and deterring new projects from joining. This decline highlights the difficulties Shiba Inu faces in establishing itself as a serious player in the blockchain space.
Ethereum Is Now Outperforming Bitcoin In This Major Metric
PositiveCryptocurrency
Ethereum is making waves in the cryptocurrency world by outpacing Bitcoin in fund holdings growth, according to a recent CryptoQuant analysis. This trend highlights a growing interest from institutions in Ethereum, particularly with increased ETF inflows since the beginning of the year. This shift is significant as it indicates a changing landscape in digital assets, where Ethereum's narrative is gaining traction among investors, potentially leading to a more diversified market.
Shekel partners with Symphonyio to launch V2 no-code trading agents
PositiveCryptocurrency
Shekel has teamed up with Symphonyio to introduce V2 no-code trading agents, which allow users to create customizable perpetual contracts on platforms like Hyperliquid and Gains Network. This partnership is significant as it simplifies the trading process, making it accessible to a broader audience who may not have coding skills, thus potentially increasing participation in the crypto market.
Here’s why XRP price is crashing today
NegativeCryptocurrency
XRP's price is experiencing a significant drop, reflecting broader trends in both the stock and crypto markets. The token has fallen to $2.4400, marking its lowest point since late October and a staggering 35% decline from its peak this year. This downturn is concerning for investors and highlights the volatility in the cryptocurrency space, making it crucial for traders to stay informed about market movements.
Nordic region’s largest bank to offer Bitcoin ETPs to customers
PositiveCryptocurrency
Nordea, the largest bank in the Nordic region, is set to offer its customers access to Bitcoin exchange-traded products starting in December 2025. This significant move, announced on October 30, reflects the bank's commitment to embracing digital assets and providing innovative investment options. By allowing clients to invest in Bitcoin through regulated products, Nordea is not only enhancing its service offerings but also positioning itself as a forward-thinking institution in the evolving financial landscape.
Satoshi Nakomoto Bitcoin holdings down $4.9b amid massive crypto sell-off
NegativeCryptocurrency
Satoshi Nakamoto's Bitcoin holdings have seen a staggering decline of nearly $5 billion due to a significant sell-off in the crypto market. This downturn highlights the volatility of cryptocurrencies and its impact on even the most prominent figures in the space. As the market corrects itself, many investors are left questioning the stability of their assets, making this a crucial moment for the future of digital currencies.