Analysis content mentions the currency of @Binance BiBi

TMD dropped from $1.7 to $0.1, is XPL waiting to die or pretending to be dead?

Take a look at XPL's daily chart; doesn't this trend resemble the never-ending chives being cut? From a peak of $1.7, it has plummeted all the way to $0.13. This isn't just a halving; it's more like an 'ankle chop' followed by two more stomps.

Look at this bottom; the red line (around $0.12) is as hard as a floor. In the past few weeks, this coin has been like a flatlined ECG, just 'dragging its feet' there. Old investors know that it's not the price drops that scare them, but rather the lack of movement. This extreme sideways action often represents a 'silent period' where retail investors are cutting losses and whales are quietly accumulating. The more the spring is compressed, the louder the rebound will be.

Currently, the market cap is $284 million, which doesn’t sound expensive, but take a look at the $1.32 billion FDV (fully diluted valuation); you should have some perspective on that. This project still has 80% of its coins unreleased!

Bad news: If there are chaotic unlocks later, it could become a bottomless pit.

Good news: The circulating supply is only about 20% right now, which is like an empty supercar; as long as the whales slightly press the gas, this car can take off from a standstill.

Everyone is focused on ZK and OP, but Plasma, this 'ancestor,' has been neglected. However, Web3 doesn’t care about seniority; it cares about who can solve Ethereum's frustrating GAS fees. If XPL can truly heat up this stale Plasma, combined with the current low trading volume, it could see a batch entry $XPL #plasma @Plasma

{future}(XPLUSDT)
#plasma $XPL @Plasma