Here's an update on the progress of $Plume in September:
@plumenetwork has truly made its way into the mainstream market step by step, establishing itself as the leading address in the rwafi+L1 narrative, and is genuinely building!
The market started with $FF, and the high-opening VC coins became a turning point. Today, $EDEN has dropped very smoothly, the market is starting to cool down, and VC coins need to rethink their strategies moving forward. Without retail investors and public domain traffic to take over, relying solely on emotion and news-driven narratives cannot be sustained in the long run;
Recently, projects listed on Binance spot are still those listed on Binance alpha, with valuations repeatedly hitting new highs. The fundamentals and valuation systems have become ineffective. I'm also wondering if quantifying a project might lead to overvaluation. One can refer to the top player in the same track, for example, with the launch of $EDEN, as a project in the RWA track, we can look at $PLUME @plumenetwork as the top player in Rwafi's L1, whether it's top-tier VC resources or business collaborations, and it has continued to build for a long time after TGE, with an FDV of 1 billion USD and an MC of 270 million USD;
Even if market sentiment is FOMO, these data can remind oneself not to chase highs, to consider whether the market is overheated, and whether the valuations are too high, thus helping to keep a cool head!
I still miss the days a few months ago when Binance alpha had an FDV of tens of millions of USD, giving project teams time to solidify contracts and spot trading, rather than the current situation where high valuations are dumped onto the market all at once. Now, with limited market liquidity, if a few more high-valuation projects come in, the market will react very quickly!
Arya@羊姐社区
Congratulations to $PLUME on partnering with @Mastercard to explore the realm of Rwafi+ payments. Mastercard is a globally leading payment company, which went public in 2006 and currently has a market value of $514.2 billion;
Mastercard's Start Path program has a total of 5 startups as part of its incubation project, and @plumenetwork is one of them; through its collaboration with Plume, Mastercard is venturing into the web3 payment space, making a strategic leap, and even traditional financial giants must pay attention to and embrace the development of blockchain;
From early attempts at coin-stock to the current development in technology and application fields, it can be imagined that many traditional institutions will choose to collaborate with web3 organizations in the future, integrating blockchain technology to explore more possibilities for traditional companies' core businesses!
加密猴哥🐒
CZ mentioned looking at RWA and AI next year.
I completely agree, as this round is an institutional bull market.
Institutions are here to make money in the crypto space, so it's not surprising to see them putting on a show.
RWA, being a favorite among institutions, will naturally be heavily promoted.
Regardless, PLUME is the first RWA project invested in by YZi Labs.
It is also the first public chain target for RWA investment.
Currently, its TVL is still leading the entire sector by a significant margin.
One of the Big Four accounting firms, EY, is also helping Plume advance the Nightfall deployment, addressing issues of distribution, compliance, and scalability.
This is extremely, extremely, extremely important; whether it can expand globally depends on this.
Furthermore, those observing can see that after PLUME @plumenetwork went live, it consolidated for a few days before doubling.
Currently, it has retraced with the larger market trend, with the support level at 0.08, which is also the previous launch point.
Will RWA explode next year?
Old Man Crypto
💎 Alpha recognizes Alpha.
It's great to see the best projects coming together: @Mira_Network 🤝 @plumenetwork.
AI x RWA could be an extremely interesting narrative in the next phase of the crypto market. Oldman will be there!
Mira
We’re excited to expand our partnership with @plumenetwork 🤝
Plume is the #1 RWA chain, capturing 50%+ of the investor market (200K+ users) in just two months!
Together, we’re delivering trustless, verified intelligence for everyone.
About Plume (PLUME)
Plume (PLUME) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Plume (PLUME)?
As a decentralized currency, free from government or financial institution control, Plume is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Plume involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Plume (PLUME) prices and information here on OKX today.
How to buy and store PLUME?
To buy and store PLUME, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying PLUME, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.4K new posts about Plume, driven by 1K contributors, and total online engagement reached 205K social interactions. The sentiment score for Plume currently stands at 87%. Compared to all cryptocurrencies, post volume for Plume currently ranks at 2223. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Plume.
Powered by LunarCrush
Posts
2,408
Contributors
1,037
Interactions
204,876
Sentiment
87%
Volume rank
#2223
X
Posts
2,403
Interactions
204,805
Sentiment
88%
Plume FAQ
What is cryptocurrency?
Cryptocurrencies, such as PLUME, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as PLUME have been created as well.
Can I buy PLUME on OKX?
No, currently PLUME is unavailable on OKX. To stay updated on when PLUME becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of PLUME fluctuate?
The price of PLUME fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials