Latest Plume (PLUME) Price Analysis

By CMC AI
22 August 2025 04:02PM (UTC+0)

Why is PLUME’s price up today? (22/08/2025)

Plume (PLUME) rose 4.3% over the last 24h, outperforming the broader crypto market (+4.24%). The move follows mixed signals: recent Binance listing volatility and growing traction in real-world asset (RWA) tokenization.

  1. Binance Listing Aftermath – Post-airdrop selling pressure eased, with technicals hinting at stabilization.
  2. RWA Sector Momentum – Tokenized assets hit $26.3B, boosting Plume’s core narrative.
  3. Technical Rebound – Oversold RSI and Fibonacci support triggered short-term buying.

Deep Dive

1. Binance Listing Volatility Stabilizes (Mixed Impact)

Overview: PLUME’s price stabilized after initial post-listing turbulence. Binance distributed 150M PLUME (~5.66% of circulating supply) via its HODLer Airdrop on August 18, causing a sell-off as recipients took profits. However, the resolution of participation issues (Binance) and integration into margin trading likely restored confidence.

What this means: While airdrop-driven sell-offs initially drove PLUME down 45% from its July highs, the 24h rebound suggests markets are pricing in reduced dilution risk. The token’s 0.41 turnover ratio (volume/market cap) indicates improving liquidity post-listing.

What to look out for: Monitoring the unlock of 100M PLUME tokens in February 2026, which could reintroduce selling pressure.

2. RWA Sector Growth (Bullish Impact)

Overview: Tokenized real-world assets (excluding stablecoins) doubled YoY to $26.3B (rwa.xyz). Plume’s EVM-compatible infrastructure for RWAs positions it as a key beneficiary, with partnerships like Pell Network’s BTC restaking integration enhancing utility.

What this means: PLUME’s 167K+ RWA holders (more than Ethereum and Solana combined) validate its niche. The White House’s August 1 digital asset report cited Plume’s policy contributions, reinforcing institutional credibility.

3. Technical Rebound From Support (Neutral Impact)

Overview: PLUME rebounded from the 38.2% Fibonacci retracement level ($0.1073), with RSI14 rising from 32.7 to 38.5 – still below the oversold threshold (30).

What this means: While the 30-day SMA ($0.0967) acts as resistance, the MACD histogram shows slowing bearish momentum. Traders appear cautiously buying the dip, but sustained gains require a break above $0.095.

Conclusion

PLUME’s rebound reflects fading airdrop sell-side pressure and sector-wide RWA momentum, though technicals remain fragile. The token’s ability to hold $0.085 support will be critical for bullish continuation.

Key watch: Can PLUME capitalize on its Binance integration and RWA leadership to close above the 30-day SMA ($0.0967) in the next 48h?

Why is PLUME’s price down today? (21/08/2025)

TLDR

Plume (PLUME) rose 0.19% in the last 24h but remains 16.6% lower over the past week. Here are the key factors:

  1. Post-Airdrop Selling – 150M PLUME distributed via Binance HODLer Airdrop triggered profit-taking

  2. Technical Breakdown – Price fell below key support at $0.085 (23.6% Fibonacci level)

  3. Market Sentiment – Crypto Fear & Greed Index dipped to Neutral (50) from Greed (68) last week

Deep Dive

1. Airdrop Profit-Taking (Bearish Impact)

Overview:
Binance distributed 150M PLUME (1.5% of supply) to BNB stakers on August 18, with recipients immediately selling portions post-listing. This created downward pressure as circulating supply increased by 5.66% overnight (Coinspeaker).

What this means:
Airdrop distributions often create "sell the news" events, especially when recipients aim to lock gains quickly. PLUME's 24h volume dropped 35.88% to $67.4M, indicating fading momentum after initial sell-off activity.

2. Technical Weakness (Bearish Impact)

Overview:
PLUME broke below its 7-day SMA ($0.0915) and 23.6% Fibonacci retracement level ($0.085). The RSI(7) at 35.31 shows oversold conditions but no clear reversal signals yet.

What this means:
Technical traders likely exited positions after the breakdown, exacerbating the decline. The MACD histogram (-0.00114) confirms bearish momentum. A retest of the August 18 low at $0.0802 appears likely without bullish catalysts.

What to look out for:
A sustained close above the 7-day SMA ($0.0915) could signal trend reversal.

3. Altcoin Risk-Off Shift (Mixed Impact)

Overview:
The Altcoin Season Index dropped 23.64% over 30 days as Bitcoin dominance rose to 58.63%. PLUME underperformed BTC (+0.67% vs PLUME's -16.62% weekly).

What this means:
Investors are rotating to Bitcoin amid macroeconomic uncertainty ahead of Fed Chair Powell's Jackson Hole speech on August 22. Real World Asset (RWA) tokens like PLUME face reduced risk appetite despite sector growth (Crypto.News).

Conclusion

PLUME's dip reflects predictable profit-taking after its Binance debut combined with sector-wide caution. While RWA fundamentals remain strong (tokenized assets up 112% YoY), short-term traders appear focused on Fed policy risks.

Key watch: Will PLUME hold the psychological $0.08 support ahead of Powell's speech? Monitor order book liquidity around this level.

CMC AI can make mistakes. Not financial advice.
PLUME
PlumePLUME
|
$0.08983

7.93% (1d)