Binance Lists PLUME After 150M Airdrop; Token Surges 36%
Binance has listed PLUME token after a retroactive airdrop of 150 million PLUME to BNB holders, opening trading pairs PLUME/USDT, PLUME/USDC, PLUME/FDUSD, PLUME/TRY and PLUME/BNB on August 18. PLUME token jumped 36% intraday, peaking at $0.1065 before a sell-off pulled it back. Native to Plume Network, an EVM-compatible real-world assets blockchain with $366 million TVL and a $5 billion asset pipeline, PLUME has a 10 billion supply cap, 2.65 billion circulating, with airdropped tokens at 5.66% of the initial float. Binance will release a PLUME research report within two days. Traders should note potential short-term volatility and monitor volume, as market demand and supply dynamics drive price discovery.
Neutral
The PLUME token listing and airdrop generated significant trading activity, with a 36% price surge reflecting strong initial demand. However, the sizable airdrop and subsequent sell-off introduce downward pressure and heightened volatility. In the short term, price may fluctuate as airdrop recipients realize gains and traders assess liquidity. Over the longer term, sustained demand, network adoption, and research insights will determine whether PLUME token maintains momentum or stabilizes. This mixed outlook suggests a neutral impact on PLUME’s price direction.