"The Blum Bubble: Bursting the $0.5 Price Illusion
As Blum's tokenization and exchange listing generate buzz, investors and players are dreaming of sky-high token values and profits. But, reality check: the numbers just don't add up.
With 23 million active players, each holding an average of 50,000 tokens, Blum would need to mint at least 1.15 trillion tokens to meet demand. And that's not even considering the creators' and investors' shares. Even with a wildly optimistic $1 billion investment, the token price would be a mere $0.0008. That means players would get a paltry $40 for their 50,000 tokens.
These calculations are rough estimates, but they expose the $0.5 price per token as a pipe dream. While market conditions may vary, one thing is clear: inflated price expectations are baseless. It's time to separate hype from reality."