Blum, a new cryptocurrency gaining traction, is integrated into Telegram as part of a decentralized exchange (DEX) and a gamified app. It recently announced a major airdrop scheduled for September 20, 2024, sparking interest across the crypto community, particularly in Nigeria. The airdrop will distribute 6 billion Blum tokens, valued at around $1 billion, with each token worth approximately $0.1667.
Blum has a total supply of 100 billion tokens and plans to list these tokens on major exchanges soon, including Binance. The platform's initial market capitalization could be around $1 billion, assuming the airdrop price holds. However, post-airdrop, the token price is expected to experience volatility due to market dynamics and user adoption.
Blum's hybrid exchange model, combining centralized and decentralized exchange features, aims to provide both liquidity and resilience, which has resonated well with users seeking a versatile trading platformă8â sourceăă9â sourceăă10â sourceă.
