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Pluton

PLU

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About Pluton

PLU is a loyalty rewards token awarded to users of the Plutus Visa Debit Card. The Plutus Card provides a minimum of 3% cashback in the form of PLU. PLU can be staked to earn higher crypto cashback rates (up to 8%) and additional Perks (e.g. Netflix, Spotify, Prime), or swapped for fiat.

Pluton (PLU) is a distinct cryptocurrency that operates on the Ethereum platform. Launched in 2016, it seeks to redefine the concept of loyalty rewards by decentralizing them. Unlike traditional reward programs that are restricted to specific merchants or stores, Pluton is not. It is a global digital asset that users can earn and use across a wide range of services. With a current supply of 20,000,000 and 1,851,999.5 in circulation, Pluton is actively traded in various markets, reflecting its growing acceptance and use in the cryptocurrency space.

Pluton operates by rewarding users with PLU tokens for their purchases. These rewards are not limited to specific merchants or stores, giving users the freedom to earn and spend their rewards as they see fit. The more PLU a user owns, the more benefits they can unlock within the app. These benefits range from access to selected perks to increased crypto reward rates. Users have the option to convert their PLU into fiat currency for use, providing a seamless integration of cryptocurrency into everyday transactions.

Pluton's primary use case is as a decentralized loyalty rewards token. Users can earn PLU on their purchases, which they can then use across a wide range of services. This allows Pluton to serve various functions as a versatile digital asset that can be integrated into everyday transactions. Additionally, the more PLU a user owns, the more benefits they can unlock within the app. These benefits can include access to selected perks and increased crypto reward rates. This flexibility and versatility allow Pluton to serve various functions for users looking to maximize the benefits they receive from their transactions.

Pluton was launched in 2016 with the aim of decentralizing loyalty rewards. Since its launch, Pluton has been actively traded in various markets, reflecting its growing acceptance and use. The project's focus on providing a versatile and flexible rewards system has helped it carve out a unique niche in the cryptocurrency market. Over the years, Pluton has continued to evolve and adapt, striving to provide users with a rewarding and seamless way to integrate cryptocurrency into their everyday transactions.

Pluton (PLU) is a crypto rewards token that users may receive when they use a Plutus Visa Debit Card. This process is akin to receiving in-store reward points or air miles with traditional credit cards, but instead, users receive crypto tokens. Owning PLU is associated with unlocking benefits. This is divided into four distinct Reward Levels, each associated with owning a certain amount of PLU. The rewards range from a minimum of 3% PLU rewards and 1 perk to a maximum of 8% PLU rewards and 8 perks. The rewards you receive are sourced from the Pluton Rewards Pool, which moves into circulation when you use your Plutus Card. This is verified quarterly by a third-party UK accountant. The Pluton Rewards Programme aims to have a long-term duration, with the duration of the program potentially influenced by card usage and the value of PLU.

The Plutus Card is a Visa Debit Card that seeks to integrate cryptocurrency into everyday transactions. It allows users to receive Pluton (PLU), a form of cryptocurrency, as non-monetary rewards for their transactions. Users may receive a certain percentage of their transactions back in PLU, the exact amount of which is determined by their subscription plan. The card can be loaded with regular fiat currencies like pounds or euros, and users have the option to convert their PLU or Ethereum (ETH) into a non-monetary card balance. The Plutus Card is issued by Modulr FS Limited in the United Kingdom and Modulr Finance B.V. in Europe, both of which are regulated financial institutions. The card is currently not available in the United States, and the company is exploring possibilities for a U.S. launch.

Yes, Pluton (PLU) does have stacking levels. These levels are part of Plutus's system and aim to foster participation in the ecosystem. The stacking levels are linked with different subscription plans. For example, Plutus has introduced two new levels, Myth and Honey Badger. To unlock the Myth level, users are required to stack 1,500 PLU, while the Honey Badger level necessitates stacking 3,000 PLU. The requirements for these levels are dynamic and may be adjusted. Plutus has a feature that allows users to redeem PLU, which influences their monthly spending eligibility for a full year, and the redeemed PLU reenters the Pluton Pool, contributing to its long-term sustainability.

Plutus Swaps, previously known as PlutusDEX, is a feature within the Plutus app that facilitates peer-to-peer crypto-fiat swapping. This feature is designed to align with the app's long-term direction of providing non-custodial features and is intended for a diverse user base. Plutus Swaps is currently unavailable as modifications for performance optimization and feature incorporation are underway. When Plutus Swaps returns, it intends to offer improved liquidity, a user interface, infrastructure, and increased limits. The return of Plutus Swaps for UK customers is contingent on obtaining an FCA license. Plutus is working on the expansion and fortification of its bank-like features, including a collaboration with the UK-regulated Payments-as-a-Service provider, Modulr. This system modification involves redefining the DEX base layer and upgrading the tech stack for fault-tolerant crypto-to-fiat swaps with increased swap limits and order matching.

Plutus Perks are a unique feature of the Plutus platform that allows users to access additional non-monetary benefits at selected retailers. Users can choose from a selection of approximately 35 perks, including well-known brands like Netflix, Spotify, and Amazon Prime. What sets this program apart is the ability to access a certain amount of PLU Rewards each month when shopping at these brands with a Plutus Card. The number of perks a user may access depends on their subscription plan and reward level. For instance, a user on a certain subscription plan may access a certain number of perks, and this may be adjusted by stacking PLU. The Plutus Perks program seeks to influence customer interactions with featured brands, providing potential benefits such as user engagement, brand awareness, and product exploration opportunities.

Pluton, the first crypto rewards token, has a distinct rewards model for its users. When you utilize a Plutus Visa Debit Card, you may receive Pluton (PLU) rewards. The highest non-monetary reward level you can reach with Pluton corresponds to 8%. This is achievable when you hold PLU in your own wallet, which can increase your Crypto Reward rate to this percentage. The quantity of PLU you hold corresponds to the level of non-monetary rewards you may receive. This is divided into four distinct Reward Levels, with the highest non-monetary rewards requiring users to hold 2,000 PLU. This level, referred to as GOAT, corresponds to 8% PLU non-monetary rewards and 8 non-financial incentives. The non-monetary rewards you receive originate from the Pluton Rewards Pool, which are allocated when you utilize your Plutus Card.

Market

Market stats

Market cap

$8.0M

Volume (24h)

$370,628.30

Circulating supply

1.9M PLU

Typical hold time

3 days

Popularity

#1154

All time high

$110.89

Price change (1h)

-0.23%

Price change (24h)

-5.42%

Price change (7d)

-5.42%

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Social

Some highlights about Pluton on social media

26 unique individuals are talking about Pluton and it is ranked #1,167 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Pluton has an average sentiment score of 3 out of 5. Finally, Pluton is becoming more newsworthy, with 0 news articles published about Pluton. This is a 0% increase in news volume compared to yesterday.

On Reddit, Pluton was mentioned in 7 Reddit posts and there were 19 comments about Pluton. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

26 people

Volume rank

#1,167

Average Sentiment

3 out of 5

Reddit

Comments

19

Post Score

1,266

Comment Score

1,355

Coinbase Bytes

Coinbase Bytes

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Pluton is on the decline this week.

The price of Pluton has decreased by 0.23% in the last hour and decreased by 5.42% in the past 24 hours. Pluton’s price has also fallen by 5.42% in the past week. The current price is $4.35 per PLU with a 24-hour trading volume of $370.63K. Currently, Pluton is valued at 96.08% below its all time high of $110.89. This all-time high was the highest price paid for Pluton since its launch.

The current circulating supply of Pluton is 1,851,999.5 PLU which means that Pluton has as total market cap of 1,851,999.5.

FAQ

What is the current price of Pluton?

We update our Pluton to USD currency in real-time. Get the live price of Pluton on Coinbase.

What is the market cap of Pluton?

The current market cap of Pluton is $8.05M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Pluton?

The all-time high of Pluton is $110.89. This all-time high is highest price paid for Pluton since it was launched.

What is the 24 hour trading volume of Pluton?

Over the last 24 hours, the trading volume of Pluton is $370.63K.

What other assets are similar to Pluton?

Assets that have a similar market cap to Pluton include Ferro, Tamadoge, ChangeNOW Token, and many others. To see a full list, see our comparable market cap assets.

How many Pluton are there?

The current circulating supply of Pluton is 1.9 million.

What is the typical holding time of Pluton?

The median time that Coinbase customers hold Pluton before selling it or sending it to another account or address is 3 days.

What is the relative popularity of Pluton?

Pluton ranks 238 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Pluton?

Currently, 90% of Coinbase users are buying Pluton. In other words, 90% of Coinbase customers have increased their net position in Pluton over the past 24 hours through trading.

Can I buy Pluton on Coinbase?

Yes, Pluton is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Pluton guide.

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