What is Plinko-X and how does it work?

I’ve recently heard about a game called Plinko-X, and I’m curious to understand exactly what it is. How does the game actually work? I’ve read that it involves dropping balls or chips onto a board with pegs, and that the balls bounce through obstacles before landing in slots with different payout values. How do the multipliers work, and is there a strategy to increase the chances of winning? Is it purely luck, or can smart placement and timing actually influence the outcomes in Plinko-X?