Plasma, under the banner of "Stablecoin Public Chain Revolution," has stacked up a TVL of 6 billion with 40% ecosystem incentives, while $XPL immediately plummeted 50% upon launch. The drama of whales pulling 200% in 5 minutes and then harvesting hasn't cooled down yet. On January 25th, another 88.89 million tokens will be unlocked—so is this about real value realization or just the old tricks of "incentive-driven pump + unlock dump"?

Claiming zero-fee USDT transfers but failing to retain real users, with ecosystem DApps surviving solely on subsidies. Without incentives, can it really beat Tron’s crushing TVL? The team denies insider selling but avoids discussing the flow of ecosystem tokens. Are retail investors holding onto the future, or are they just being cut like leeks? #plasma takes a stand: do you believe this is a short-term correction, or will the bubble eventually burst?