Plume network crashes to new all-time low as crypto sell-off deepens – Crypto News – Crypto News
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Plume network crashes to new all-time low as crypto sell-off deepens – Crypto News

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8 months ago

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  • PLUME hit an all-time low of $0.035, which had the token down 85% from its March peak of $0.247.
  • Losses came amid sustained bearish pressure, with a 26% single-day crash erasing millions off its market cap.
  • Plume Network saw a total of over $440,000 in futures liquidations, most of it longs.

As markets bled, Plume Network’s price dropped sharply to hit an all-time low of $0.035 and rank among the top losers in the past 24 hours across crypto.

PLUME, the native token of the blockchain platform dedicated to bridging traditional finance with decentralized ecosystems, plummeted as Bitcoin flipped red.

BTC fell to a new multi-month low, erasing significant gains as bulls failed to defend levels all the way to $95,800.

Plume price drops to a new all-time low

The PLUME token traded at $0.0349 at the time of writing, having reached unprecedented new all-time lows amid a fresh crypto crash.

Initially, the altcoin surged on hype surrounding Plume’s full-stack RWA chain to hit $0.247 in March. But its price has declined steadily since, and accelerated to the latest low amid heightened selling pressure.

Plume Price
Plume Network chart by CoinGecko

In the past few months, whale addresses have sporadically dominated accumulation rounds.

However, retail panic has taken on the upper hand. Market data shows over $440,000 in 24-hour liquidations, seeing long positions dominating at over $392,000.

Per CoinGecko, Plume has recorded over $60 million in daily trading volume. That’s an 83% spike in the past 24 hours, which highlights the corresponding selling.

What’s next for PLUME price?

For Plume, a sustained break below $0.035 could invite further capitulation. Potentially, bears might fancy $0.03.

Notably, this dump arrives despite robust fundamentals. Plume’s SEC registration as a transfer agent in Q3 2025 has unlocked pathways for regulated tokenized securities and on-chain IPOs.

Furthermore, recent integrations, such as the acquisition of liquid staking protocol Dinero, bolster institutional appeal.

However, social sentiment has soured amid macroeconomic strains, including jitters around the Federal Reserve’s interest path.

Analysts say the odds of a rate cut in December have fallen, and reaction has largely been negative.

Despite the carnage, Plume’s long term outlook could mirror expected rebounds for the crypto sector. Nest Protocol’s recent relaunch, with 100 million PLUME allocation to stakers, has drawn significant interest.

This means recovery could hinge on bulls reclaiming $0.05 support.

A broader uptick in RWA adoption and overall bullish strength could allow for a potential rebound to $0.075 and likely $1.

Nonetheless,  the 26% dump could accelerate downside action if uncertainty further grips the market. That $0.03 mark is critical for bulls over the coming weeks.

Over the past week, the Plume price has plunged by nearly 30%. It’s down 64% in the past three months.

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