Daily Edition: Bitcoin Reaches New ATH of $126k as Altcoins Rise
BTC Dominance drops over the weekend despite its surge in price.
TVL in DeFi protocols hit a new all-time high today.
This is prompting traders to wonder if altcoin season may finally be here.
We dive in 👇
Altcoins have outpaced $BTC growth over the last few days and onee of those altcoins has been $PLUME
This chain we’ve discussed quite a bit in previous Beluga Brief editions and a position we added to last week.
After releasing an announcement that they had registered a transfer agent with the SEC, the token’s price jumped from $0.10 to over $0.13 in a matter of minutes.
As a leader in the RWA space @plumenetwork aims to accelerate the tokenization of real world assets, bringing trillion dollar markets onchain, this is a major step in the right direction.
Speaking of bringing markets onchain, data from DeFiLlama shows that the Total Value Locked in DeFi protocols hit a new ATH today, breaking the record previously set at the end of 2021.
The total stablecoin supply also now stands just over 2x its highs in 2021 at over $300B, which has massively contributed to above TVL numbers of course.
Between this onchain liquidity and the ever-growing ETF bid on majors, Q4 is shaping up to be an exciting one.
What tokens are you most excited for in Q4? Let us know in the comments...
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Pairs with RSI OverBought/OverSold in the last 30m
$SOON $PLUME $LIGHT $XAN $PROVE $BTR $XPL $TAG $W $TAO $ZETA $HBAR $PLAY $ZRO $STG $SNX $LINK $MERL $BERA $PAXG
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cmScanner_PSAR
Pairs with PSAR direction changed in the last 1h
$TUT $PLUME $AIO $BEAMX $GRASS $DOOD $MILK $WOO $MYRO $DEGEN $NFP $KAS $SANTOS $SPX $ZORA $INJ $GOAT $RENDER $CVX $SAPIEN
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About Plume (PLUME)
Plume (PLUME) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Plume (PLUME)?
As a decentralized currency, free from government or financial institution control, Plume is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Plume involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Plume (PLUME) prices and information here on OKX today.
How to buy and store PLUME?
To buy and store PLUME, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying PLUME, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.4K new posts about Plume, driven by 1K contributors, and total online engagement reached 205K social interactions. The sentiment score for Plume currently stands at 87%. Compared to all cryptocurrencies, post volume for Plume currently ranks at 2223. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Plume.
Powered by LunarCrush
Posts
2,408
Contributors
1,037
Interactions
204,876
Sentiment
87%
Volume rank
#2223
X
Posts
2,403
Interactions
204,805
Sentiment
88%
Plume FAQ
What is cryptocurrency?
Cryptocurrencies, such as PLUME, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as PLUME have been created as well.
Can I buy PLUME on OKX?
No, currently PLUME is unavailable on OKX. To stay updated on when PLUME becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of PLUME fluctuate?
The price of PLUME fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
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