- Binance’s airdrop and trading launch for PLUME impacts BNB ecosystem.
- PLUME trading opens with notable price volatility.
- Real-world asset tokenization focus strengthens crypto use cases.
Binance initiated the 32nd HODLer airdrop for PLUME, an EVM blockchain supporting real-world assets, on August 18th, with trading pairs for USDT and others set to open at 11:00 PM.
The airdrop distributed 150 million PLUME tokens, part of a 10 billion supply, showing potential market impacts and volatility as spot trading commenced.
Binance Airdrop Launches PLUME with Major Volatility
Binance has announced the commencement of its 32nd HODLer airdrop for PLUME, supporting real-world asset tokenization. This event aims to reward users who subscribed to Binance Wealth Management or on-chain earnings with BNB between July 24th and July 28th. Information regarding the airdrop is anticipated to release within 24 hours, with trading of PLUME set to launch on August 18th at 11:00 PM. Initial trading pairs will include USDT, USDC, BNB, FDUSD, and TRY.
Immediate changes following the airdrop include the activation of PLUME trading on Binance beginning at a price of $0.1006. Notable volatility was reported as the price peaked at $0.1076, corrected to $0.093067, and eventually stabilized at $0.09. Binance’s statement confirmed:
Eligible users should have received their PLUME HODLer airdrop by now, totaling to 150 million PLUME tokens… Listing for PLUME will proceed as planned. Thank you for your patience and understanding. — Binance Official Social Announcement, August 18, 2025
Users responded positively, noting the potential growth in real-world asset markets.
The crypto market’s reaction showcased a mix of enthusiasm and caution as participants noted historical trends of sharp post-listing corrections due to speculative trading. No major announcements have been made from top Binance executives or government bodies. However,
PLUME Trading Begins Amid Tokenized Asset Interest
Did you know? Binance’s HODLer airdrops frequently create short-term volatility, echoing the market reactions seen in previous events like SAGA and AEVO.
CoinMarketCap data reveals that PLUME is currently priced at $0.09 with a market cap of $247.63 million. The token’s fully diluted market cap stands at $934.45 million. Recent trading volumes surged by 1128.35%, despite a 2.2% drop within 24 hours. The circulating supply is noted at 2.65 billion tokens.
The Coincu Research Team suggests that PLUME’s integration into Binance reflects growing interest in tokenized real-world assets. This aligns with emerging trends where blockchain tech seeks stable proxies and more established use cases across varied sectors. For more details, refer to Binance’s announcement on introducing Plume.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/airdrop/binance-plume-airdrop-trading-event/