- What is Plume (PLUME) and what is its primary use case?
- Plume (PLUME) is a blockchain token designed to support decentralized applications and use within its ecosystem. The project focuses on providing a scalable, fast, and secure layer for transactions and smart contract interactions. Users typically engage with PLUME by staking, transacting on supported platforms, or participating in governance decisions if the protocol supports on-chain voting. To understand the exact use case for PLUME, check the latest project documentation or official channels, since use cases can evolve with updates and partnerships.
- How many PLUME tokens exist, and what is the current supply versus the max supply?
- As of now, Plume has a circulating supply of approximately 4.806 billion PLUME tokens out of a maximum supply of 10 billion PLUME. This means about 48% of the total supply is in circulation, with the remainder potentially released over time through mining, staking rewards, or planned token emissions. Always verify the latest supply data from reliable sources such as the project’s official site or reputable market trackers, as on-chain metrics can change with new issuance events.
- What has been Plume’s recent price performance, and what should I consider before investing?
- Recent data shows Plume trading around $0.01456 with a 24-hour price change of about -5.00%, reflecting a short-term decline. When evaluating an investment, consider factors beyond daily moves: fundamental project milestones (mainnet launches, partnerships, decentralization progress), development activity, total value locked (if applicable), tokenomics (inflation rate, staking yields), and market conditions. Diversify risk, set clear entry/exit plans, and avoid basing decisions solely on short-term price fluctuations.
- Where can I buy or trade PLUME, and what should I know about wallets and security?
- PLUME can typically be traded on centralized and decentralized exchanges that list the token. To buy PLUME, you’ll need a compatible wallet that supports the token’s standard (ERC-20, BEP-20, or other, depending on the chain). When transferring or storing PLUME, use a secure wallet with private keys or a hardware wallet for larger holdings. Always double-check token contract addresses from official sources to avoid spoofed tokens, and enable two-factor authentication on exchange accounts. Be mindful of rug pulls or market manipulation in smaller-cap projects and perform due diligence on liquidity and exchange credibility.
- What are the risks and considerations for PLUME holders, including governance and staking options?
- Risks for PLUME holders include price volatility, potential changes to tokenomics, and protocol-level risks like smart contract bugs or protocol outages. If the project supports staking, staking rewards can provide passive income, but they may come with lock-up periods and slashing risks for misbehavior or downtime. Governance features (if available) can empower holders to influence upgrades and proposals, but they require active participation. Always review the latest governance guidelines, staking terms, and reward schedules from official communications to understand how your investment is affected.
