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Plasma’s XPL slips under $0.90 despite record turnover

MercadoDeFi
Cryptopolitan·byHristina Vasileva
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Image for article: Plasma’s XPL slips under $0.90 despite record turnover
Plasma’s XPL token is closely watched for a price recovery, as it still hovers around $0.86. The token achieved the highest daily turnover, with daily trading exceeding the token’s supply. XPL is the most actively traded token, with daily turnover exceeding the supply for a ratio of 1.1. The token is still trading with a high mindshare, though this is not reflected in the market price. XPL open interest also stalled at just under $1B, with around 67% in long positions. For now, the token mostly saw long liquidations , to the tune of $3.3M in the past 24 hours....

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