Plym Network Plunges to New Record Low as Crypto Sell-Off Deepens

  • PLUME fell to a record low of $0.035, marking an 85% decline from its March peak of $0.247.
  • The losses occurred amid persistent bearish pressure, including a single-day crash of 26% that erased millions from its market capitalization.
  • Plume Network saw more than $440,000 in futures liquidations, most of which were long positions.
As markets bled, Plume Network’s price plunged to a new record low of $0.035, making it one of the biggest losers in the crypto space over the past 24 hours.

PLUME, the native token of the blockchain platform focused on bridging traditional finance with decentralized ecosystems, tumbled as Bitcoin turned red.

BTC fell to multi-month lows and wiped out significant gains after bulls failed to hold key levels, pushing the price down toward $95,800.

Plume price drops to a new record low

The PLUME token traded at $0.0349 at the time of writing after hitting unprecedented lows amidst the latest crypto sell-off.

The altcoin initially climbed on hype around Plume’s full-stack RWA (real-world asset) chain, reaching $0.247 in March. Since then, the price steadily declined, accelerating to the latest bottom amid increased selling pressure.

Plume PricePlume Network chart from CoinGecko

In recent months, whale addresses periodically led accumulation phases.

However, retail panic has dominated this downturn. Market data shows over $440,000 in 24-hour liquidations, with long positions accounting for more than $392,000.

According to CoinGecko, Plume recorded daily trading volume exceeding $60 million—an 83% increase over the past 24 hours—highlighting the heavy selling activity.

What’s next for the PLUME price?

A sustained break below $0.035 could invite further capitulation for Plume, with bears potentially targeting $0.03.

Notably, this sell-off has occurred despite solid fundamentals. Plume’s SEC registration as a transfer agent in Q3 2025 has opened pathways for regulated tokenized securities and on-chain listings.

Recent integrations, including the acquisition of liquid staking protocol Dinero, have also enhanced Plume’s institutional appeal.

Still, social sentiment has soured due to macroeconomic pressures, including concerns about the Federal Reserve’s interest rate trajectory.

Analysts note that the odds of a rate cut in December have diminished, and market reactions have been largely negative.

Despite the rout, Plume’s long-term outlook could mirror a broader crypto recovery. Nest Protocol’s recent relaunch, which includes 100 million PLUME allocated to stakers, has generated significant interest.

This means a recovery may depend on bulls reclaiming support at $0.05.

A wider uptick in RWA adoption and renewed bullish momentum across the sector could enable a rebound toward $0.075 and potentially aim for $1 in the longer term.

Nevertheless, the 26% single-day drop could accelerate further downside if market uncertainty deepens. The $0.03 level remains a critical line for bulls in the coming weeks.

Over the past week, Plume’s price has fallen nearly 30%, and it has dropped 64% over the last three months.