When is Blum Listing? Here's The Latest News You Should Know!
2024-11-01Bittime - When is it not listed yet? Having previously been scheduled to list in the third quarter (Q3) of 2024, specifically in September, Blum has now decided to postpone the launch until November 2024.
This delay is not without reason. The Blum development team stated that they are currently focusing on developing trading features in the application.
This includes plans to launch a decentralized exchange (DEX) platform within the Telegram ecosystem itself. With this step, Blum hopes that users can transact tokens efficiently and safely directly through the Telegram application.
This delay was allegedly part of Blum's strategy to ensure that every technical and security aspect of the platform was completely ready before being released to the market. So, what do users and potential investors need to pay attention to? Let's review it further.
Why Blum Listing Has Been Postponed?
Based on the roadmap released by the Blum team, this delay is an effort to improve the trading function in their application. Blum has a vision to create a DEX that can be accessed via Telegram.
Users can trade tokens more easily and quickly without needing to switch platforms. This feature is expected to improve user experience, as well as increase the selling value of Blum tokens on the market.
This innovative step places Blum as one of the crypto projects that offers easy access via the popular communication application, namely Telegram.
Additionally, developer Blum is also exploring potential partnerships with several large exchanges such as Binance and Bybit. This collaboration, if successful, will provide broader access and greater liquidity for Blum tokens, making them more attractive to crypto investors.
Thus, the crypto community is increasingly waiting for an official announcement from Blum regarding this development.
Read also: Pre Market Price Not Yet, This is the Value!
What to Look for Before Blum Listing?
As with the launch of other new tokens, the Blum token listing is predicted to be accompanied by quite high price fluctuations. Based on the experience of tokens from similar crypto gaming platforms, token prices usually experience an initial spike at the time of listing.
However, the token is also susceptible to declines for some time afterward before reaching a more stable price. This phenomenon is quite common in the crypto market, especially for tokens that have a large user base like Blum.
For potential investors or traders, it is important to monitor price movements closely and be prepared to deal with possible volatility. One of the best ways to stay up-to-date is to follow Blum's official channel.
Apart from that, announcements from collaborating crypto exchanges can also be a reference. So, any changes or updates related to the Blum listing can be immediately known.
Will Blum's listing be profitable?
Blum offers exciting prospects for crypto enthusiasts, especially those interested in the blockchain-based gaming sector. With the DEX platform on Telegram, Blum users will benefit in terms of ease of access and transaction convenience.
If Blum succeeds in establishing partnerships with large exchanges such as Binance or Bybit, the opportunity to gain liquidity and wider market access will certainly be greater. So, the value of Blum tokens on the market has the potential to increase.
However, it is important to remember that any investment in crypto assets carries risks. Before investing, be sure to consider factors such as price volatility, potential risks, and investment strategies appropriate to your individual risk profile.
Read also: What is a Token Generation Event (TGE)? Definition and Benefits
When is it Best to Start Trading Blum Tokens?
Although the exact date has not been announced, developer Blum estimates that the listing will take place in November 2024. For those who want to participate from the start, you should pay attention to the official listing schedule which will be announced via Blum's official channels.
With the right information, users can determine the best time to start trading or buy tokens at the right price.
If you plan to buy tokens during listing, make sure you have prepared a mature strategy. Most investors will take advantage of the initial price spike, but for the long term, it is worth considering holding the token until the price reaches a stable point.
How to Buy Crypto on Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.