pseudonymous trader IcoBeast wrote on X. “ICOs are officially back, and Sonar is likely the most impactful crypto-native release of 2025 for the direction of crypto.
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Plasma Attracts $500 Million for ICO—And One Trader Spent $100K on Ethereum Gas Fees
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Plasma’s $500 million raise led traders to declare “ICOs are officially back,” with comparisons to the speculative frenzies of 2017 and 2021, including references to “speedrunning 2017 × 2021”
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