Documents
Why trillions is NOT a meme for $XPL (Elmo’s Plasma thesis): 🧵
Why trillions is NOT a meme for $XPL (Elmo’s Plasma thesis): 🧵 1/ you simply can't overestimate the tether backing tether just raised this week at $500 billion valuation making it one of the most valuable private companies on earth, plasma team is very close to tether with investment and alignment while it's not exclusively "the tether chain" the synergy is undeniable, $175B+ of tether outstanding with continued growth plus tether coming onshore with USAT launch all of this creates incredible tailwinds for plasma as preferred infrastructure. having the most successful stablecoin issuer backing your stablecoin chain is like having microsoft backing your cloud platform
Performance
Key metrics and engagement highlights
Views
21,410
68.6%
CTR
1.38%
75.7%
Retention
96.1%
30.7%
Engagement
0.23%
74.0%
Growth
-72
3700.0%
Content mix
How this thread is built
Images | 17% | |
Text only | 83% | |
Read time | 2:28 |
Audience retention
How far readers make it through the thread
Average Tweets read4.8
Why trillions is NOT a meme for $XPL (Elmo’s Plasma thesis): 🧵
Click on the chart to preview a tweet
This thread
Typical retention not available
Chart guide
Full Thread
Hook and key tweets
Why trillions is NOT a meme for $XPL (Elmo’s Plasma thesis): 🧵
1/ you simply can't overestimate the tether backing
tether just raised this week at $500 billion valuation making it one of the most valuable private companies on earth, plasma team is very close to tether with investment and alignment
while it's not exclusively "the tether chain" the synergy is undeniable, $175B+ of tether outstanding with continued growth plus tether coming onshore with USAT launch
all of this creates incredible tailwinds for plasma as preferred infrastructure.
having the most successful stablecoin issuer backing your stablecoin chain is like having microsoft backing your cloud platform
Notes
Add observations or ideas tied to this thread