Plume crypto is up 22% in the past 24 hours following the integration of USD1. The stablecoin by World Liberty Financial, a DeFi platform linked to the Trump family, now has a market cap of over $2.2 billion.
The past 24 hours have been highly bullish for the crypto markets. After days of sideways movement following the surge on June 23,
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While the market expansion has lifted the valuation of some of the best cryptocurrencies to buy, is among the top gainers.
According to Coingecko data, Plume trended and jumped 22% in the last day. This rally pushed weekly gains to 32% as it gradually recovered from recent losses.
Plume crypto crashed to $0.07594 on June 22. However, with the July 2 surge, the token is now up nearly 50% from its June 2025 lows, outperforming Bitcoin, Ethereum, and even some top Solana meme coins.
Technically, Plume crypto is in an uptrend. Following its listing on various exchanges in late January 2025, the token soared to $0.25 by mid-March before correcting.
After the early June crash, which pushed prices below a critical support level, sellers drove prices below $0.08 before a recovery began in late June.
The recent rally has the token trading above $0.09, a key liquidation level, increasing the likelihood that bulls from late January 2025 will return. If this happens, Plume crypto could climb above $0.20, in a buy trend continuation pattern.
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The spark for the July 2 leg up was the announcement on July 1 that USD1, the stablecoin issued by World Liberty Financial, a DeFi platform associated with the Trump family, is expanding to the Plume network.
This deal is pivotal for Plume and could cement its position as the first project to support USD1 in the rapidly growing real-world asset finance (RWAfi) sector.
As of July 3, USD1 has a market cap of $2.2 billion. Backed by cash and equivalents, primarily short-term government treasuries, USD1 aims to capture market share from USDT and USDC in the coming years.
With USD1 circulating in the Plume ecosystem, it provides institutional-grade stability while serving as the reserve asset for pUSD, Plume’s native stablecoin.
Following this announcement, the Plume ecosystem saw tangible benefits beyond rising prices. Its total value locked (TVL) rose to over $115 million, pointing to higher liquidity and asset utilization.
(Source)
Interest is now high as Plume users can engage in yield-bearing RWA products, including bonds and art, through derivatives, borrowing, lending, and yield farming.
https://twitter.com/plumenetwork/status/1940152011003134312?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow
According to Zak Folkman, co-founder and COO of World Liberty Financial, the partnership will be the “perfect foundation for USD1 to bridge traditional finance with DeFi in a transparent, regulated way while furthering our shared mission of increasing accessibility and adoption for institutions and everyday users.”
https://twitter.com/plumenetwork/status/1930641171078172875?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow
Beyond this deal, the foundation is solid for Plume. Last month, the Plume genesis mainnet launched, and over 200 dapps are now building on the Ethereum-compatible platform, powering RWAfi, DeFi, and social dapps.
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The post Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last? appeared first on 99Bitcoins.
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