PLUME (Plume) rose 2.37% in the last 24 hours.

Gate News Bot news, on October 20, according to CoinMarketCap data, PLUME (Plume) is currently priced at $0.07, with a rise of 2.37% within 24 hours, reaching a high of $0.09 and a low of $0.07. The current market capitalization is approximately $220 million, with an increase of $5.1 million compared to yesterday.

Important news about PLUME recently:

1️⃣ SEC Certified Plume as a tokenized securities transfer agent Plume Network recently received certification from the U.S. Securities and Exchange Commission (SEC) to become a transfer agent for tokenized securities. This important milestone marks significant progress for Plume in terms of compliance and institutional-level applications, laying the groundwork for bridging the gap between traditional finance and the cryptocurrency space.

2️⃣ Plume Mainnet Deploys $150 Million in Physical Assets The Plume mainnet has successfully deployed $150 million worth of real-world assets (RWA). This initiative significantly enhances the liquidity and value support of the Plume ecosystem, providing users with more investment opportunities linked to the real economy, and helps attract more attention from institutional investors.

3️⃣ Acquisition of Dinero to expand institutional-grade DeFi yield products Plume announced the acquisition of Dinero, aiming to expand its decentralized finance (DeFi) yield product line for institutions. This strategic acquisition will enhance Plume's competitiveness in institutional-grade DeFi services and is expected to attract more large financial institutions to participate in its ecosystem.

Plume's recent positive progress in compliance, physical asset deployment, and institutional-level services has laid a solid foundation for the long-term development of its ecosystem. These factors may be the main driving forces behind the rise in PLUME token prices. However, the cryptocurrency market still exhibits high volatility, and investors should carefully assess the risks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.