Plasma’s XPL Token has experienced an 80% decline in value following a disappointing debut, as initial excitement surrounding the token fades. The token’s launch was met with significant anticipation, but the reality of its performance has led to a sharp downturn. Investors who were initially optimistic are now facing substantial losses as the market reacts to the token’s lackluster start. This dramatic fall highlights the volatility often associated with new cryptocurrencies, where initial hype can quickly dissipate. As the market stabilizes, it remains to be seen how XPL will recover, if at all.
