Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last?

Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last?

Plume crypto is up 22% up to now 24 hours following the mixing of USD1. The stablecoin by World Liberty Monetary, a DeFi platform linked to the Trump household, now has a market cap of over $2.2 billion.

The previous 24 hours have been extremely bullish for the crypto markets. After days of sideways motion following the surge on June 23, BTC ▲0.46% broke above $108,000 and is inching nearer to all-time highs. Presently, the overall crypto market cap is up 2%, rising to $3.4 trillion, with extra room for development, particularly for a number of the greatest cryptos to purchase.

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Plume Crypto Surges 22%, Will The Rally Last?

Whereas the market growth has lifted the valuation of a number of the greatest cryptocurrencies to purchase, PLUME (No knowledge) is among the many high gainers.

In keeping with Coingecko knowledge, Plume trended and jumped 22% within the final day. This rally pushed weekly features to 32% because it step by step recovered from latest losses.

Plume crypto crashed to $0.07594 on June 22. Nonetheless, with the July 2 surge, the token is now up almost 50% from its June 2025 lows, outperforming Bitcoin, Ethereum, and even some high Solana meme cash.

Technically, Plume crypto is in an uptrend. Following its itemizing on numerous exchanges in late January 2025, the token soared to $0.25 by mid-March earlier than correcting.

PLUME
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After the early June crash, which pushed costs beneath a vital assist stage, sellers drove costs beneath $0.08 earlier than a restoration started in late June.

The latest rally has the token buying and selling above $0.09, a key liquidation stage, rising the chance that bulls from late January 2025 will return. If this occurs, Plume crypto may climb above $0.20, in a purchase development continuation sample.

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USD1 by World Liberty Monetary and the Trump Household Launches on Plume

The spark for the July 2 leg up was the announcement on July 1 that USD1, the stablecoin issued by World Liberty Monetary, a DeFi platform related to the Trump household, is increasing to the Plume community.

This deal is pivotal for Plume and will cement its place as the primary challenge to assist USD1 within the quickly rising real-world asset finance (RWAfi) sector.

As of July 3, USD1 has a market cap of $2.2 billion. Backed by money and equivalents, primarily short-term authorities treasuries, USD1 goals to seize market share from USDT and USDC within the coming years.

With USD1 circulating within the Plume ecosystem, it offers institutional-grade stability whereas serving because the reserve asset for pUSD, Plume’s native stablecoin.

Following this announcement, the Plume ecosystem noticed tangible advantages past rising costs. Its whole worth locked (TVL) rose to over $115 million, pointing to greater liquidity and asset utilization.

Plume crypto is rallying following the integration of USD1 The stablecoin by World Liberty Financial has a market cap of over  billion

(Supply)

Curiosity is now excessive as Plume customers can interact in yield-bearing RWA merchandise, together with bonds and artwork, by means of derivatives, borrowing, lending, and yield farming.

In keeping with Zak Folkman, co-founder and COO of World Liberty Monetary, the partnership would be the “perfect foundation for USD1 to bridge traditional finance with DeFi in a transparent, regulated way while furthering our shared mission of increasing accessibility and adoption for institutions and everyday users.”

Past this deal, the inspiration is strong for Plume. Last month, the Plume genesis mainnet launched, and over 200 dapps at the moment are constructing on the Ethereum-compatible platform, powering RWAfi, DeFi, and social dapps.

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Plume Crypto Jumps 22% After World Liberty Monetary USD1 Integration

  • Plume crypto spikes 22%, outperforming Bitcoin and Ethereum 
  • RWAfi challenge trending, TVL rises above $115 million 
  • USD1 stablecoin launching on Plume 
  • Plume mainnet launched in early June 

The put up Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last? appeared first on 99Bitcoins.

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