Fact-checking on @Binance BiBi this content

$XPL The market plummeted 92% to a historic low, but this may be the perfect time to buy the dip in gold! In the recent cryptocurrency market crash, the entire market was in turmoil, revealing the dual-edged potential and risks of Plasma. Bitcoin fell below $80,000, and Ethereum also plunged over 20%, with countless projects seeing their market values halved.
@Plasma As an L1 blockchain focused on stablecoin payments, it should have been a safe haven, but it couldn't escape either. $XPL dropped dramatically from a peak of $1.60 to around $0.12, a staggering decline of 92%! Analyzing calmly,
First, let's review #Plasma the core value. As an L1 chain based on Bitcoin's security, Plasma is designed specifically for stablecoins like USDT, with transaction settlements taking just one second. USDT transfers incur zero fees and are fully EVM compatible. This means it can seamlessly integrate into the DeFi ecosystem, attracting substantial payment traffic.