Blum Crypto Supply and Market Dynamics
Blumâs total token supply is set at 100 billion, with a current circulating supply of approximately 99.999997 billion tokens. Of this, 6 billion tokens have been allocated for an airdrop, valued at around $1 billion. This airdrop represents 6% of the total supply. Each airdrop token is worth about $0.1667. If the token maintains this value, the market capitalization could potentially reach $16.67 billion.
Currently, the initial market cap based on the airdrop price stands at approximately $1 billion. Post-airdrop, the price of Blum tokens may experience volatility due to fluctuating supply and demand. Factors influencing this include the number of tokens entering the market and overall market sentiment. A bullish scenario could see the tokenâs value rise to $0.20 to $0.25, while a bearish scenario might drop the price to $0.10 to $0.12.
