Binance Listing Boosts Plume by 18% – Market Reacts to Airdrop

A recent airdrop from Binance, a major cryptocurrency exchange, significantly boosted the value of Plume (PLUME) tokens in a matter of hours. The token surged 18% within just one hour after Binance’s listing and distribution of 150 million PLUME tokens to holders of Binance Coin (BNB). The event has triggered significant volatility in the market, with trading volume soaring by 367%. While initial price spikes caused a dip followed by some selling off, the market eventually stabilized. This surge highlights both Binance’s growing influence within the cryptocurrency space and the potential for DeFi ecosystems to drive innovation.