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There is quite an interesting piece of news – the PGP on-chain is going to launch a protocol, and it seems to be quite significant.
PGL (full name PG LONG) is the first token launched on this chain, with the project party directly claiming a thousandfold expectation. It is said that a foundation from Dubai is supporting it, along with several leading venture capital firms. Their positioning is very clear: to make PGL the core asset in the PGP ecosystem, comparable to blue chips.
The launch protocol has become popular again recently. If the infrastructure of the PGP public chain is solid enough, coupled with capital support, it might really take off. However, the notion of a thousand-fold increase, well, everyone understands that; just enjoy the spectacle and make your own judgment.