📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
In fact, over the past period, I have accumulated a substantial position in Plume, with this trade valued at around $1M when the cost was $0.092 , because I believe Plume, as the leader of the RWA narrative in this cycle, can play a crucial role.
At the same time, I have called on miners and some wealthy individuals to join me in holding this token with significant capital.
However, in the past month, Plume has almost missed every upward cycle. From my observation, the obvious reason (this is just my analysis) is that the token consistently faces selling pressure right before an uptrend begins. They tend to sell before Plume breaks out for a rally, aiming for a 10% profit. The scale of these funds is roughly $3–5M.
This is an inherent flaw in Plume’s token distribution structure — the lack of a spot market pool on top-tier exchanges results in extremely low liquidity. @plumenetwork @plumeinchina
There’s nothing wrong with selling for short-term profits; I’m merely stating this phenomenon. Perhaps I will also exit my Plume position at some point, or perhaps I will continue holding. #plume $plume