PLUME rallies 70% as South Korean liquidity renews market optimism
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The cryptocurrency market remained indecisive on Wednesday, with most tokens hinting at bearish action after the latest recovery attempt.
The value of all digital tokens reduced by a mere 0.3% to $3.01 trillion as Bitcoin wavers at $87,450 after muted actions in the last 24 hours.
However, one digital token stands out with a sharp decouple.
Plume Network, the first full-stack blockchain platform designed for real-world asset finance (RWAfi), exhibits a bullish outlook amid broader struggles.
PLUME has seen a swift 70% surge minutes after Upbit, the leading crypto exchange in South Korea, confirmed listing the alt today.
Plume(PLUME) KRW Market Support ✅ Supported Market : KRW Market 📅 Trading opens at: 2025-11-26 15:00 KST 🔗 Discover more: upbit.com/service_center… #Upbit #PLUME @plumenetwork
The announcement sparked immediate excitement in the digital assets community, triggering boosted trading volumes and amplified optimism.
South Korean influence fuels momentum
South Korea boasts one of the most vibrant cryptocurrency communities, ready to explore new opportunities.
PLUME’s surge reflects this enthusiasm as individuals anticipate increased global attention on the project.
South Korea has historically driven cryptocurrency trends as its passionate investor base often sets the tone for the broader market actions.
Thus, Upbit’s PLUME listing confirmation offered an immediate catalyst for robust price gains, despite overall market hesitancy.
The rally also indicates optimism in Plume Network’s long-term potential. It presents an alternative for individuals looking beyond speculative trading activities.
The blockchain combines decentralized finance (DeFi) and real-world asset finance (RWAfi).
Therefore, PLUME is emerging as a serious player in the crypto world as communities shift to rewarding projects with real-world utility.
PLUME price outlook
Plume Network’s native token is among the most bullish cryptocurrencies on Wednesday.
It is trading at $0.04353 after a swift 70% rally. The explosive gains emerged minutes after Upbit announced the PLUME/KRW pair.
Moreover, its 24-hour trading volume has skyrocketed by over 470%, signaling robust trader activity.
PLUME exhibits a bullish momentum after overcoming the consolidation zone at $0.0417, which now serves as a crucial support barrier.
Stability above this region could encourage further buying actions.
Meanwhile, bulls should prepare for the nearest resistance between $0.0463 and $0.0481.
The area has seen notable seller momentum, suggesting potential downward pressure here.
Meanwhile, breaching $0.0481 could support extended gains, targeting $0.057.
That would mean a roughly 24% increase from PLUME’s current price.
However, the reality is that tokens hardly post continued gains with exchange listing as the primary catalyst.
The hype is often short-lived, with substantial declines following, especially amid broad-based selling pressure.
Failing to hold above $0.0417 might catalyze sharp selloffs to $0.037 and the lower support zone at $0.034.
The post PLUME rallies 70% as South Korean liquidity renews market optimism appeared first on Invezz
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