$PLUME Even a 1x short is down 17.26%—is this thing on steroids?
Even so, the strategy going forward still leans toward short-term bullishness and long-term bearishness.
Reason 1: RWA is a long-term story. It takes institutions a long time to bring assets on-chain, and many partnerships are only expressions of intent. It will take a long time for these to translate into results, so expectations can easily fall short.
Reason 2: The total supply is 10 billion, and the remaining tokens that are not yet circulating will gradually be unlocked, creating ongoing selling pressure.
Reason 3: There are many competitors in the RWA sector, and this project’s competitive moat is not particularly secure.
Even so, the strategy going forward still leans toward short-term bullishness and long-term bearishness.
Reason 1: RWA is a long-term story. It takes institutions a long time to bring assets on-chain, and many partnerships are only expressions of intent. It will take a long time for these to translate into results, so expectations can easily fall short.
Reason 2: The total supply is 10 billion, and the remaining tokens that are not yet circulating will gradually be unlocked, creating ongoing selling pressure.
Reason 3: There are many competitors in the RWA sector, and this project’s competitive moat is not particularly secure.