Blum Coin Airdrop: Listing Schedule and Price Prediction

Bittime - Blum Coin has attracted the attention of many investors and the crypto community since its initial launch. As part of the Blum Crypto ecosystem, Blum Coin comes with various innovations and promises to improve the digital asset trading experience. 

As a Blum user, you must be curious about the Blum Coin airdrop, right? So, this article will discuss the Blum Coin airdrop, listing schedule, and Blum Coin price predictions at launch.

What is Blum Coin?

Blum Coin is a digital asset that is part of the Blum Crypto ecosystem, a hybrid crypto exchange launched in April 2024. This exchange is designed to simplify and improve the crypto trading experience. 

The platform supports more than 30 blockchains, including major blockchains such as Ethereum, Solana, and Binance Smart Chain. This feature allows users to trade without having to switch networks or worry about native token gas fees, making it more user-friendly for new users in the crypto world.

Another unique feature of Blum is its integration with Telegram. They leveraged the platform's large user base to expand the reach of their community. 

In just two months since launch, Blum already has more than 10 million users, making it one of the largest communities on Telegram. This rapid expansion shows Blum's appeal, especially in emerging markets where crypto adoption is rapidly increasing.

As a hybrid crypto exchange, Blum bridges the gap between centralized (CEX) and decentralized (DEX) exchanges, offering trading solutions that combine the security and transparency of decentralized systems with the efficiency and ease of use of centralized exchanges. 

With this approach, traders can access a variety of tokens while benefiting from the best features of both exchange models.

Read also: Price Not Yet and When Will the Listing Be Revealed! Users are immediately happy!

When is the Blum Coin Listing?

Blum Coin's listing schedule is a major highlight for many investors who want to know the potential price of this token in the future. After launching Blum Crypto in mid-2023, the Blum development team moved quickly to build strategic partnerships and integrate the token into various blockchain ecosystems, to facilitate wider adoption.

Blum Coin's official airdrop and listing is scheduled for October 20, 2024. This date was set after a series of development milestones and strategic planning aimed at ensuring a smooth and impactful launch on the market. 

This listing is expected to attract significant trading volume. This is what can drive the price of Blum Coin up substantially immediately after trading.

Blum Coin Price Prediction When Listing

Blum Coin's initial price before listing was set at $2.00 (approximately IDR 31,200) per token. This reflects the intrinsic value of the technology held as well as market sentiment at the time. 

This price was obtained from the results of the initial funding round and increasing investor interest. In the initial stages of private sales and funding, Blum Coin prices start at $0.50 (around IDR 7,800) per token and slowly increase as market interest increases.

Some analysts predict that the price of Blum Coin could experience significant appreciation after launch. With proven technology, high market interest, and potential applications in various sectors, some experts even estimate that the Blum Coin price could reach $5.00 (around IDR 78,000) per token in the first few months after launch. 

On the other hand, more conservative predictions suggest that the initial price could be in the range of $0.20 to $0.25 (around IDR 3,120 to IDR 3,900), taking into account risk factors such as market volatility and possible selling pressure from airdrop recipients.

Read also: Blum Code: All Complete and Updated Answers

Factors that Influence the Price of Blum Coin When Listing

There are several factors that can influence the price of this token when it is listed later. The following is the explanation:

Listing on the Exchange and Liquidity

Listing on a leading exchange like Binance can have a major impact on the price of the token. If Blum Coin can be listed on Binance, the increased liquidity and accessibility for users could attract more investment, thereby increasing its value. 

Additionally, the listing schedule on other centralized and decentralized exchanges will also contribute to increasing the liquidity and visibility of this token in the market.

Roadmap Development and Partnership

The Blum development team has revealed a development roadmap that includes future features and partnerships. Strategic collaborations with other blockchain projects or integration into popular decentralized applications (dApps) could increase the utility of the Blum token. 

This will have a positive impact on its value in the market. High profile partnerships or gaining momentum in key industries could be a significant catalyst influencing the price of Blum Coin.

Market Demand and Supply

As with other cryptocurrencies, the price of Blum Coin is determined by supply and demand dynamics. With limited supply, Blum could experience significant price increases if demand exceeds availability. 

Community interest in using these tokens in various applications such as DeFi projects and NFT markets will be an important factor in driving demand.

Market Sentiment and Investor Confidence

The cryptocurrency market is highly influenced by sentiment. If sentiment around Blum remains positive and its development team continues to deliver on their commitments, investor confidence will likely increase. 

Speculative investments and market enthusiasm can push the Blum to USD conversion value higher, closer to $1 (around IDR 15,600).

Conclusion

With the listing schedule for Blum Coin set for October 20 2024, there is a lot of hope and speculation regarding the price of this token on the market. Various factors, including listings on major exchanges, strategic partnerships, and demand-supply dynamics, will play an important role in determining the price of Blum Coin after launch. 

Although there is significant upside potential, investors must also consider the risks involved. This includes market volatility and the impact of selling pressure from the Blum Coin airdrop.

For those interested in this digital asset, it is important to stay abreast of the latest developments and make investment decisions based on accurate information and thoughtful analysis.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.