Who gained profit from the Plume coin? Plume is newly listed coin that was listed on $0.072 price and after listing it pumped to $0.10 with a market cap of $216 Million.
Plume (PLUME) is a modular Layer 2 blockchain network developed to support real-world asset finance (RWAfi). It is designed to streamline the tokenization and management of real-world assets by providing native infrastructure with RWA-specific functionalities across an EVM-compatible chain. The platform aims to integrate asset tokenization, trading, and compliance into a unified ecosystem that supports decentralized finance (DeFi) applications.
The Plume project focuses on building a composable DeFi ecosystem tailored to RWAfi. It offers a full-stack infrastructure, including a tokenization engine and a network of financial infrastructure partners. These tools enable asset issuers to onboard, manage, and distribute real-world assets efficiently. The ecosystem supports a wide range of tokenized assets, from private credit funds to renewable energy financing, and facilitates their use in DeFi environments.
PLUME, the native token of the network, has multiple utilities. It is used to pay for transaction fees within the Plume Network, similar to gas fees on other blockchains. Token holders can stake PLUME to support network security and earn rewards. PLUME also functions in governance, where holders can vote on key decisions regarding network upgrades and policies. Additionally, the token may be used as collateral within DeFi applications and plays a central role in the tokenization process. #PlumeNetwork $PLUME