๐ Market Insights: Plume (PLUME)
Plume is building as an RWA-focused L1 blockchain, aiming to bring real-world assets (RWA) like real estate and credit funds on-chain.
๐น Price: ~$0.099
๐น Market Cap: ~$290M
๐น Circulating Supply: ~3.03B PLUME (Max 10B)
๐น TVL: $110M+ locked in ecosystem
โก Recent Highlights
Native USDC & CCTP V2 integration โ boosting cross-chain liquidity
Nightfall privacy protocol deployed as Layer-3 for private transactions
Partnership with Apollo (via Grove) โ $50M tokenized credit fund live
Tokenization projects like RealtyX DAO expanding real estate use cases
๐ Market Action
PLUME has seen -15% to -20% weekly pullback
Technical indicators show sell pressure; trading below 200-day MA
Resistance near $0.105, support around $0.08โ0.09
๐ฎ Outlook
Bullish if adoption of tokenized assets & institutional partnerships grow
Bearish risks from token unlock sell pressure & RWA sector competition
Likely to stay range-bound unless strong demand or breakout catalysts emerge