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PLUME bounces 2.6% after Binance resolves HODLer airdrop issue

News
PLUME bounces 2.6% after Binance resolves HODLer airdrop issue

Binance claims it has resolved the listing for PLUME and its airdrop event after postponing the event due to user complaints about being restricted from participating in.

A recent post from the crypto exchange revealed that the team has rectified the problem with user participation. According to the notice, eligible users should have received their PLUME HODLer airdrop by now, totaling to 150 million PLUME tokens.

“Listing for PLUME will proceed as planned. Thank you for your patience and understanding,” said Binance.

Eligible users are those who held BNB (BNB) in Simple Earn or on-chain yield farming products during the designated snapshot window from July 24 to July 28, 2025. This figure marks 1.5% of the genesis supply, which would have been distributed to spot wallets ahead of trading

The listing for the native token of the EVM-compatible blockchain was originally scheduled for August 18, 2025. However, it was later postponed identified issues affecting participation eligibility and overall user experience, the platform has decided to postpone the listing.

What happened to PLUME after Binance postponed the event?

Despite the listing delay, the price remained at consolidation range. The steep discount from its highs suggests significant upside potential. At the same time, the persistent volatility paired with speculative interest infers caution.

At press time, the current price sits at around $0.1006, recovering by 2.6% from its brief drop at $0.98. The drop occurred just after the pump began, indicating the fading hype after listing delays. Upon the release of its initial listing announcement, the token rose about 10% and was trading at a peak of $0.1076.

The RSI spiked above 70, indicating overbought conditions, before crashing back down to around 54, then sliding further toward 45. This slide from overbought territory signals weakening bullish momentum triggered by the Binance listing delay.

A one-hour price chart for PLUME after Binance's listing was postponed | Source: TradingView
A one-hour price chart for PLUME after Binance’s listing was postponed | Source: TradingView