#BinanceBlockchainWeek $BTC
$BTC

The crypto community has been eagerly awaiting the official listing of Blum Coin, and the good news is it’s just around the corner. Current updates suggest that Blum Coin will be available on major exchanges by the end of November 2024. This listing is expected to generate considerable trading activity, which could positively impact the coin’s value shortly after its debut.

Anticipating Blum Coin’s Initial Price

As the Blum Coin airdrop draws near, excitement within the crypto space is palpable. Speculation about the coin's initial price post-airdrop is rife, with many drawing parallels to recent successful airdrops. Given the current market dynamics, there’s a strong possibility that Blum Coin could start trading at a competitive price, reflecting the growing interest from the community.

Blum Coin’s Price Outlook: What Lies Ahead?

Looking beyond the airdrop, the price prediction for Blum Coin remains optimistic. With the momentum built around the upcoming airdrop and the solid foundation of the project, industry experts predict a promising future for Blum Coin. Based on present market trends and the project's strategic roadmap, Blum Coin could potentially reach $0.05 by mid-2025. This forecast is grounded in the coin’s current market reception, upcoming developments, and the increasing interest from both investors and the broader crypto community.

Blum’s Strategic Roadmap: A Vision for Growth

Blum’s roadmap is a testament to its long-term strategic vision. Key milestones include the launch of its decentralized platform in Q4 2024, followed by strategic partnerships with leading blockchain networks in early 2025. Additionally, the roadmap outlines plans to integrate advanced features such as smart contracts and DeFi tools by mid-2025, further enhancing the Blum ecosystem. These developments are expected to significantly drive both adoption and price, positioning Blum Coin as a formidable player in the crypto market.

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$BTC
Movement among Bitcoin whales, with just eight days until the U.S. presidential election, has significantly declined.

The asset’s price has consolidated around $67,000.

According to data provided by IntoTheBlock, the Bitcoin Bitcoin
BTC
0.81%
Bitcoin large-holder net inflows plunged from around 38,800 BTC on Oct. 20 to 258 BTC on Oct. 26. This could indicate that whales are nervous as Election Day in the U.S., Nov. 5., approaches.

Bitcoin whales unsure ahead of US election: Large-holder net inflows plunge from 38,800 to 258 - 1
BTC whale net flows – Oct. 27 | Source: IntoTheBlock
Notably, whales saw a net outflow of 4,750 BTC and 533 BTC on Oct. 21 and 22, respectively. Consequently, the selloff briefly sent the Bitcoin price below the $66,000 mark on Oct. 23.

Liquidations cool down

Moreover, the crypto liquidations plunged by 85% over the past day and the total amount is hovering around $59 million, according to Coinglass. Due to the market-wide cooldown, the distance between longs, $28.7 million, and shorts, $30.5 million, is very close.

Bitcoin saw $5.6 million in liquidations—$2.2 million longs and $3.4 million shorts.

$BTC
the value of BTC is projected to increase by 5%, potentially reaching $ 70,159.88 by the end of this week.

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