Hi everyone, i found a text effect and couldn't create on my own, can someone help me to understand how that text effect is created, "Radial Perspective Typography Tunnel Effect" . Thank you

I want to recreate the Radial Perspective Typography Tunnel Effect shown in my attached reference image using Adobe Illustrator. Can someone guide me how to create it? I tried multiple times, watched youtube videos but i couldn’t find something like this. Thank you