Plasma, an ICO with a valuation of 500 million US dollars, is worth this price from a background perspective, but when it comes to how much space there is, there are too many uncertainties and variables. Individuals may not be able to go up, but if they explode after TGE, they will accept high pursuit. Based on the following judgment: 1. Deposit and get a limit. If you don't put in a few million, even if you get a limit at this valuation, your presence will be very low. This model is not friendly to small and medium-sized enterprises. 2. Plasma focuses on zero fee USDT transfers, which is the largest issuance network for USDT, TRON. The transaction fees for TRON are actually quite expensive now, and there is a market for this. However, the problem it brings is how Plasma can make a profit with zero transaction fees, after all, TRON relies on transaction fee income to support itself comfortably. There are both bonus points and bonus points. 3. The advantage lies in the support of Bitfinex and Tether for Plasma, which should provide sufficient resources for growth and expansion. I guess many people are also going for this, which can be considered as the biggest bonus item. 4. Another characteristic is that Plasma plans to leverage the security of Bitcoin, but it is not yet clear how to do so, which is quite common. Overall, there are not many deductions and many unknown factors, and it is indeed not cheap. However, if it really becomes the next generation stablecoin giant, it will definitely be more than 500 million. There are too many variables. From various perspectives, instead of stuffing large amounts of funds into ICO lock ups, I personally prefer to wait for TGE. I believe that such projects need to develop and will not lack opportunities to get on board, even if it means chasing higher prices.