$PLUME is up 8.8% today, and the number that matters is not the price.
The vaults on its network hold 235,152,907 dollars right now. That is an all time high, and it was set today. Thirty days ago the same vaults held 157,148,939, so deposits are up 49.6% in a month. Ninety days ago they held 99,729,239, so they have more than doubled in a quarter. This is not a chart pattern, it is money that someone actually moved in.
A third of it sits on the project's own chain. The rest is spread across four other networks, which matters more than it sounds: deposits that live elsewhere are deposits that chose this issuer rather than this chain.
Now put the token next to that. Market cap is 136,450,010. Deposits are 235,152,907. The token is priced at 58 cents for every dollar of real world assets sitting in the vaults it exists to serve. Circulating supply is 6.61B out of a 10B total, so two thirds is already out and the fully diluted value is 206,550,217.
One more alignment worth noting. Over thirty days the token is up 50.53% and the deposits are up 49.6%. Those two numbers almost never match. Here they do, which says the bid is tracking the fundamentals rather than running ahead of them.
The tape is calm about all this. Volume over 24 hours is 4.2M against a 3.85M thirty day average, so 1.09 times normal. No spike, no squeeze, just a steady bid. Price is 0.0207 inside a thirty day range of 0.0113 to 0.0214, which puts it just under the top of the month.
Levels: resistance at 0.0214, with 0.0202 now flipped to support on the break.
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#plume #rwa #defi #altcoin #crypto
The vaults on its network hold 235,152,907 dollars right now. That is an all time high, and it was set today. Thirty days ago the same vaults held 157,148,939, so deposits are up 49.6% in a month. Ninety days ago they held 99,729,239, so they have more than doubled in a quarter. This is not a chart pattern, it is money that someone actually moved in.
A third of it sits on the project's own chain. The rest is spread across four other networks, which matters more than it sounds: deposits that live elsewhere are deposits that chose this issuer rather than this chain.
Now put the token next to that. Market cap is 136,450,010. Deposits are 235,152,907. The token is priced at 58 cents for every dollar of real world assets sitting in the vaults it exists to serve. Circulating supply is 6.61B out of a 10B total, so two thirds is already out and the fully diluted value is 206,550,217.
One more alignment worth noting. Over thirty days the token is up 50.53% and the deposits are up 49.6%. Those two numbers almost never match. Here they do, which says the bid is tracking the fundamentals rather than running ahead of them.
The tape is calm about all this. Volume over 24 hours is 4.2M against a 3.85M thirty day average, so 1.09 times normal. No spike, no squeeze, just a steady bid. Price is 0.0207 inside a thirty day range of 0.0113 to 0.0214, which puts it just under the top of the month.
Levels: resistance at 0.0214, with 0.0202 now flipped to support on the break.
Follow me for daily data driven breakdowns on trending coins.
#plume #rwa #defi #altcoin #crypto