Tag: Plume

  • Plume network crashes to new all-time low as crypto sell-off deepens

    Plume network crashes to new all-time low as crypto sell-off deepens

    Plume Price Flames

    • PLUME hit an all-time low of $0.035, which had the token down 85% from its March peak of $0.247.
    • Losses came amid sustained bearish pressure, with a 26% single-day crash erasing millions off its market cap.
    • Plume Network saw a total of over $440,000 in futures liquidations, most of it longs.

    As markets bled, Plume Network’s price dropped sharply to hit an all-time low of $0.035 and rank among the top losers in the past 24 hours across crypto.

    PLUME, the native token of the blockchain platform dedicated to bridging traditional finance with decentralized ecosystems, plummeted as Bitcoin flipped red.

    BTC fell to a new multi-month low, erasing significant gains as bulls failed to defend levels all the way to $95,800.

    Plume price drops to a new all-time low

    The PLUME token traded at $0.0349 at the time of writing, having reached unprecedented new all-time lows amid a fresh crypto crash.

    Initially, the altcoin surged on hype surrounding Plume’s full-stack RWA chain to hit $0.247 in March. But its price has declined steadily since, and accelerated to the latest low amid heightened selling pressure.

    Plume Price
    Plume Network chart by CoinGecko

    In the past few months, whale addresses have sporadically dominated accumulation rounds.

    However, retail panic has taken on the upper hand. Market data shows over $440,000 in 24-hour liquidations, seeing long positions dominating at over $392,000.

    Per CoinGecko, Plume has recorded over $60 million in daily trading volume. That’s an 83% spike in the past 24 hours, which highlights the corresponding selling.

    What’s next for PLUME price?

    For Plume, a sustained break below $0.035 could invite further capitulation. Potentially, bears might fancy $0.03.

    Notably, this dump arrives despite robust fundamentals. Plume’s SEC registration as a transfer agent in Q3 2025 has unlocked pathways for regulated tokenized securities and on-chain IPOs.

    Furthermore, recent integrations, such as the acquisition of liquid staking protocol Dinero, bolster institutional appeal.

    However, social sentiment has soured amid macroeconomic strains, including jitters around the Federal Reserve’s interest path.

    Analysts say the odds of a rate cut in December have fallen, and reaction has largely been negative.

    Despite the carnage, Plume’s long term outlook could mirror expected rebounds for the crypto sector. Nest Protocol’s recent relaunch, with 100 million PLUME allocation to stakers, has drawn significant interest.

    This means recovery could hinge on bulls reclaiming $0.05 support.

    A broader uptick in RWA adoption and overall bullish strength could allow for a potential rebound to $0.075 and likely $1.

    Nonetheless,  the 26% dump could accelerate downside action if uncertainty further grips the market. That $0.03 mark is critical for bulls over the coming weeks.

    Over the past week, the Plume price has plunged by nearly 30%. It’s down 64% in the past three months.

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  • Plume price forecast: SEC transfer agent nod boosts bulls

    Plume price forecast: SEC transfer agent nod boosts bulls

    Plume Surges

    • Plume price gained by 15% as bulls reemerged amid overall market bounce.
    • The news that Plume has registered a transfer agent adds to bulls’ positivity.
    • Bulls could target its all-time high of $0.24.

    Plume Network’s native token, PLUME, has surged double digits to hit highs of $0.13 amid regulatory tailwinds related to the US Securities and Exchange Commission (SEC).

    The platform’s registration as a transfer agent with the SEC puts Plume in position as a compliant gateway for tokenized real-world assets, a move that could trigger fresh interest in its token.

    Plume secures SEC nod as transfer agent

    At the heart of PLUME’s ascent is Plume Network’s recent registration with the SEC as a qualified transfer agent for tokenized securities, announced on October 6.

    This designation marks a critical evolution for the modular Layer-2 blockchain, which specializes in real-world asset finance (RWAfi).

    As a registered entity, Plume can now legally oversee the issuance, transfer, and record-keeping of digital securities directly on-chain. It opens the door to seamless integration with established U.S. financial infrastructure.

    Traditionally, transfer agents serve as custodians for shareholder registries. Key features include handling ownership transfers, dividend distributions, and corporate actions in off-chain environments.

    However, legacy institutions dominate this space.

    Plume’s innovation lies in automating these processes via distributed ledger technology, ensuring immutable transparency while linking capitalization tables to SEC reporting systems and the Depository Trust & Clearing Corporation (DTCC).

    As adoption grows, Plume’s status could catalyze trillions in on-chain migration. It’s role in fostering interoperability between TradFi and blockchain ecosystems has the potential to drive gains.

    Plume Network price gains 15% to signal potential rebound

    As the cryptocurrency markets show renewed bullish sentiment, PLUME has surged to multi-week highs with 15% gains putting it among the top performers in the market.

    Trading data indicates the push to intraday highs of $0.13 followed a bounce from lows of $0.10.

    Notably, PLUME went vertical on Monday as news of its SEC milestone hit the market, helping bulls navigate a key resistance level that has marked a prolonged period of consolidation.

    That supply zone between $0.09 and $0.105, for much of the prior week, constrained bulls.

    Broader market uncertainty amid macroeconomic pressures are two crucial factors.

    However, as Bitcoin bounced to highs of $126,198 and a new peak, investor confidence in Plume’s ecosystem helped the altcoin higher.

    Overall upward momentum for tokenized real-world assets (RWAs) added to the optimism.

    What next for PLUME price?

    While price has retreated to lows of $0.11, a retest of the $0.10 area and potentially $0.09 may offer a new opportunity for bulls to decisively bounce.

    The surge in daily trading volume, which is up 786% to more than $235 million, signals to the robust liquidity and market activity.

    PLUME chart by TradingView

    Bulls could eye $0.24, the Plume token’s all-time high reached in March 2025.

    The price action has also rippled through correlated assets, with other RWA-focused tokens like Ondo Finance.

    As Plume revealed its SEC nod, Ondo Finance also benefitted from upside momentum. For this token, gains came amid news that the platform had officially finalized its acquisition of Oasis Pro.

    The milestone sees Ondo secure its approval for SEC-registered broker-dealer, ATS, and transfer agent.

     



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