Let's talk about the new coin launching tonight $PLUME

In the short term, I think this coin can still make a wave after going live on the spot market.

Previously, Binance had conducted a voting process for listing coins, but the final vote count was too low, so it was temporarily not listed; ultimately, PLUME was still launched on the spot market.

As the first public chain in the RWA track, PLUME's endpoint in this field must be a combination of compliance + resources + capital, and PLUME seems to excel in these aspects.

For example, regarding the critical compliance issue, it has partnered with the Monetary Authority of Singapore (MAS) recognized China Merchants International US Dollar Money Market Fund to directly tokenize the fund's assets and bring them on-chain, which is a rare advantage among peers.

This coin is funded by Binance itself this year, enjoying a treatment akin to a favorite child. It provides RWA services, and many leading RWA projects are its clients, indicating a solid business foundation. There's also a new term “RWAFi,” which sounds trendy, but it actually refers to a new approach for traditional assets on-chain. Although it's a latecomer, it has backing and is worth a look.

From a future planning perspective, one of its goals is to become the core RWA public chain behind the USD1 stablecoin; if it can really materialize, the potential is enormous.