Plume Price in India (PLUME)

Plume (PLUME) is a Layer 1 blockchain network designed to bridge real-world assets (RWAs) with decentralized finance (DeFi). It offers a comprehensive ecosystem with tools for tokenizing traditional assets such as private credit funds, renewable energy projects, and mineral rights, making them accessible on-chain. The network is powered by its native token, PLUME. 

Plume Network was co-founded by Chris Yin, Teddy Pornprinya, and Eugene Shen. 

• PLUME token: The PLUME token facilitates various functions within the ecosystem, including paying transaction fees, participating in network governance, staking to secure the network, and incentivizing ecosystem contributors. 

• Layer 1 blockchain for RWAs: Plume is a purpose-built Layer 1 blockchain that supports the tokenization and management of real-world assets (RWAs) like real estate, private credit, and renewable energy.

• Interoperability: Facilitates smooth data communication between different blockchain systems, ensuring RWA projects remain transparent and accessible.

• Developer-friendly: The Plume platform provides a complete platform for RWA issuers and developers to create, launch, and manage tokenized assets easily.

Plume (PLUME), built as a Layer 1 blockchain for asset tokenization, addresses a real demand for bridging traditional finance with blockchain technology. Its core features, like built-in compliance tools, cross-chain yield distribution, and a user-friendly platform, make it appealing to institutional players and developers. Backed by major investors such as Haun Ventures and Galaxy Digital, Plume benefits from credibility and early financial support. While it is still early in its development, Plume’s unique focus on compliant, scalable RWA integration makes it a promising crypto with strong long-term potential.

You can buy PLUME from crypto platforms like CoinSwitch.

• PLUME can be bought and traded on crypto platforms like CoinSwitch. 

• The token is used to facilitate all transactions on the Plume Network.

• Token holders can stake their tokens to earn rewards and incentivize ecosystem contributors.

• PLUME holders can vote on proposals and decisions related to the Plume Network.

• Plume specializes in tokenizing real-world assets, a rapidly growing sector in crypto.

• Plume adopts a unique two-layer consensus mechanism called Proof of Representation, which is designed to balance speed, security, and decentralization.

• It is supported by notable VCs like Haun Ventures, Galaxy Digital, and YZi Labs (formerly Binance Labs).

• PLUME is subject to market volatility like other cryptos.

• PLUME’s success relies on widespread adoption of RWA and demand from traditional institutions.

• Plume is still an emerging platform with limited adoption.

• Start investing in PLUME with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Plume Network (PLUME) conducted its Initial Coin Offering (ICO) in January 2025, raising $30 million through various funding rounds, including a public sale that garnered $30,000 at a token price of $0.10. The project attracted investments from prominent backers such as YZi Labs (formerly Binance Labs), Galaxy Digital, Haun Ventures, and Apollo Global Management.