Binance Resolves PLUME Airdrop Issue Price Rises 2.6%

Binance has resolved a technical issue that had previously delayed the distribution of the PLUME token airdrop to eligible users. The problem, which caused the postponement of the PLUME listing, was successfully addressed by the platform, allowing all qualified participants to receive their 150 million PLUME HODLer airdrop rewards [1]. The airdrop, part of a larger initiative to reward users who held BNB in Simple Earn or on-chain yield farming products between July 24 and July 28, 2025, was initially hindered by eligibility restrictions and technical barriers [2].

The resolution came after Binance communicated updates on August 9, 2025, confirming that the issue was corrected and that the token listing would proceed as scheduled on August 18, 2025 [2]. Users were advised to check their spot wallets for the distribution, which marked a strategic milestone for the PLUME project and its EVM-compatible blockchain.

Financial market reactions followed the resolution, with PLUME’s price rising 2.6% to $0.1006 from a previous dip to $0.98 [2]. This rebound followed a notable 10% surge after the initial airdrop announcement on August 4 [5]. Despite the positive movement, market analysts observed that the RSI indicator had shifted from overbought to a more neutral level, suggesting cautious investor sentiment. The token's price remained within a consolidation range, with continued volatility expected due to speculative interest in the airdrop event [2].

Binance highlighted its commitment to user experience, particularly in managing high-impact token launches. The PLUME airdrop represented 1.5% of the genesis supply, and the listing will be conducted under Seed Label rules to regulate trading activity and ensure orderly market conditions [4]. The incident also underscored the challenges exchanges face in executing large-scale airdrops, where transparency and timely communication are crucial for maintaining user trust [3].

The successful resolution of the PLUME distribution issue demonstrates Binance’s ability to address technical challenges while maintaining the integrity of its ecosystem. Analysts note that such events serve as case studies for improving decentralized token distribution processes and managing user expectations in a rapidly evolving market [3].

The listing of PLUME and the distribution of its airdrop highlight the growing interest in blockchain-based infrastructure and tokenized reward models. However, the experience also emphasizes the need for strong technical execution and clear user communication in large-scale initiatives [2].

Binance has confirmed that the PLUME token will now be listed as planned, with the exchange continuing to play a pivotal role in shaping token market dynamics [4].

Sources:

[1] Binance has resolved the issue some users encountered with receiving the PLUME airdrop.

Source: ChainCatcher, https://www.chaincatcher.com/en/article/2198346

[2] PLUME bounces 2.6% after Binance resolves HODLer airdrop issue.

Source: Crypto, https://crypto.news/plume-bounces-2-6-after-binance-resolves-hodler-airdrop-issue/

[3] Binance Delays PLUME Listing to Resolve HODLer.

Source: AInvest, https://www.ainvest.com/news/binance-delays-plume-listing-resolve-hodler-airdrop-issues-2508/

[4] Binance Launches Plume Airdrop for Eligible HODLers.

Source: AInvest, https://www.ainvest.com/news/binance-launches-plume-airdrop-eligible-hodlers-2508/

[5] Fresh cryptocurrency market news for August 18, 2025.

Source: Binance, https://www.binance.com/en/square/post/28484717490570