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PLUME (Plume) has pumped 1.87% in the last 24 hours.
Gate News Bot news, on September 18, according to CoinMarketCap data, as of the time of writing, PLUME (Plume) is currently priced at $0.12, with a rise of 1.87% in the last 24 hours, reaching a high of $0.14 and a low of $0.11. The current market capitalization is approximately $324 million, an increase of $5.95 million compared to yesterday.
Plume is a public blockchain platform focused on bringing real-world assets (RWAs) on-chain, aiming to transform assets into globally accessible financial instruments with true crypto-native utility. The Plume ecosystem includes over 200 partners, with a current total value locked (TVL) of $265 million and an asset pipeline of $5 billion. The platform offers multiple core products such as Plume Chain, Arc, pUSD, pETH, and developer tools like Skylink and Nexus. Plume has over 3 million native crypto users and more than 1 million social media fans.
Important news about PLUME recently:
1️⃣ New support from major trading platforms in South Korea to enhance market liquidity South Korea's largest exchange Upbit added PLUME to its platform on September 17, supporting BTC and USDT trading pairs. This move is expected to significantly enhance PLUME's market liquidity and trading convenience, providing an important channel for expanding into the South Korean market. As a leading cryptocurrency exchange in South Korea, Upbit's listing decision reflects the market's recognition of the PLUME project.
2️⃣ Participate in the launch of tokenized credit funds to expand the application of physical assets on the blockchain Asset management giant Apollo has partnered with platforms like Plume to launch the tokenized credit fund ACRDX, securing $50 million in investment support. This fund brings Apollo's diversified credit investments on-chain, providing institutional investors with a more convenient and transparent way to participate. This collaboration not only showcases Plume's technical strength in the on-chain physical asset domain but also opens up new business growth opportunities for it.
3️⃣ The market performs strongly, leading the RWA sector PLUME has risen over 50% in the past 7 days, significantly higher than the average rise of 11.8% for RWA sector tokens. Its 24-hour rise reached 10.58%, and the 30-day rise was 31.79%, both outperforming similar tokens. This strong market performance reflects investors' positive expectations for the development prospects of the Plume project, while also highlighting the market heat in the tokenization of physical assets.
From a technical perspective, PLUME has recently broken through several resistance levels, showing a strong upward trend. However, investors should remain vigilant for potential short-term adjustments. On the fundamental side, Plume's continuously expanding partnership network, the rising scale of asset processing, and its layout in new areas such as tokenized credit have laid a solid foundation for its long-term development.
This message is not intended as investment advice, and investors should be aware of market volatility risks.