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Coinbase likes Ondo, and Ondo likes Plume, so…
Crypto is brutal. It’s a cycle of hype, disappointment, and some golden moments the place the actual cash is made. Plume Community ($PLUME) is buying and selling now, however the actual query is: does this factor have legs, or is it one other forgotten L1 ready to be buried?
I like Plume. I like what it’s doing (180 tasks and counting). However I additionally know what it must do if it’s ever going to interrupt into the large leagues. Right here’s what it is advisable search for earlier than making any strikes.
Plume is on the market on DEXs. Cool. However that’s not sufficient. Liquidity is all the pieces.
You don’t need to be in a challenge that pumps 50% at some point and crashes 70% the following as a result of there aren’t sufficient consumers. The quantity needs to be climbing, liquidity has to deepen, and the spreads must tighten.
If you happen to’re seeing constant quantity development, purchase assist on the books, and no sharp, erratic dips, then Plume may truly be constructing one thing actual. If it’s simply bots taking part in pong with the worth, keep away.
Plume buying and selling on DEXs is nice, however everyone knows a Coinbase itemizing modifications all the recreation.
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