Do you remember the XPL market surge in September? The project's performance really left a good impression. After the spot trading opened, it was immediately pushed up to 1.6. At that time, I truly thought the team was very sincere, almost making a profit equivalent to a phone for free. Later, I took some time to look at the project information, and the background and track setting seemed fine, the framework looked very complete. But today, when I checked the current price, it’s actually only 0.14? What exactly happened during the drop from 1.6 to 0.14? Can any big shot explain what’s going on? How is the project team doing? Is it a problem with the fundamentals or a market cycle change? I really can’t quite figure it out😅

XPL-2,64%
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AirdropAnxietyvip
· 5h ago
This is the crypto world, from 1.6 to 0.14, definitely a pump-and-dump show. --- Where did all the September highlights go? Now it's just sighs. --- No issues with the fundamentals and the framework is complete? Ha, I'm tired of hearing this kind of talk. --- A tenfold drop without explanation, the team probably has nothing good to say either. --- Another project that looks promising but ends up disappointing, truly impressive. --- Being caught off guard by a slap in the face is always unexpected. Did the previous gains get fully retracted now? --- Market cycle? Friend, your way of putting it is a bit gentle. This project is just dead. --- It was really fun when we were making easy money on phones back then. And now? --- Feels like it's always like this—opening high and then falling back has become the norm.
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DAOdreamervip
· 5h ago
This is the crypto world—going from 1.6 to 0.14, a real roller coaster. One day, the team might just run off without a statement, and it wouldn't be surprising.
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ImpermanentLossEnjoyervip
· 5h ago
Ha, from 1.6 down to 0.14, this drop can scare people to death. I've also fallen into this kind of ambush. Projects that haven't collapsed fundamentally usually die due to liquidity issues and market manipulation by whales. Small tokens like XPL are especially vulnerable to being crushed. Even with a complete track, it's useless; it depends on whether the team has sustained motivation to push forward. Is there any negative news coming out now? It feels a bit strange. I also saw that wave in September; it was indeed very shocking. This kind of surge is the easiest to reverse. I suspect that the retail investors who accumulated early on have run away; it's the usual crypto scheme. Does the project team have any updates or announcements? If they remain silent, it's basically hopeless. This is why I am now professionally experiencing constant losses, and I've been severely taught a lesson.
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gas_fee_therapistvip
· 5h ago
This is a typical story of a bagholder at a high level. Dropping from 1.6 to 0.14, what does that say... --- Projects with solid fundamentals really don't exist; it's all about narratives collapsing or teams running away. --- It was so hyped in September, and now it's fallen so badly. Web3 is like this— the era of making quick money is over. --- My goodness, dropping directly from 1.6 to 0.14, there must be insider info in the middle, or the team has completely given up. --- So are you still here, or did you cut your losses long ago? That's the key point. --- A complete framework and good background are just tricks; the real thing is whether the team continues to build. That's what matters. --- Another case of a "sincere project" turning into an air coin. We're all tired of seeing it. --- Isn't it just early hype to pump the coin? Now that the hype is gone, it naturally dies. The market cycle is nonsense—this is a sign of a rug pull. --- Is there still discussion about XPL? It was long attracted away by other new coins. --- Such a fierce decline must be due to liquidity issues or big players dumping. Small investors can't react in time.
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MergeConflictvip
· 5h ago
From 1.6 to 0.14, what a loss, feels like I got cut off a wave.
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JustAnotherWalletvip
· 5h ago
Haha, this is the crypto world. Going from 1.6 to 0.14 is considered normal operation; I've seen even more outrageous cases. --- No matter how sincere the team is, they can't withstand large investors dumping. No matter how good the fundamentals are, it all depends on the overall trend. --- That September wave was probably the main force harvesting profits. Now the current price is actually quite interesting. --- To be honest, I've also experienced a crash, but I got used to it later. Risks in the crypto world are routine. --- When the project team remains silent, it says everything. Otherwise, how could it fall from 1.6 to this level? --- Such a sharp decline means either the fundamentals are truly problematic or it has completely become a chip for trading. --- This kind of adjustment cycle is normal. When to break even depends on when the story can be told again. --- Don't overthink it. Stop-loss is enough; there's no need to dwell on what happened in the middle. --- It seems that even a complete framework can't withstand the actual market test. Web3 is just like that.
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ForkInTheRoadvip
· 6h ago
Uh... dropped from 1.6 to 0.14, what kind of ordeal did that involve? It seems like the project team might really have some issues.
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