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$BLUM Coin Big Update: From $0.22 to $1.50 💲 🎗️How to Calculate Profit from $BLUM🎗️ Calculating potential profit is straightforward once you know the current price, the future price, and the amount of capital you're willing to invest. Let’s break it down: Formula: Profit = (Future Price - Current Price) x Number of Coins Let’s assume an investor buys 1,000 $BLUM coins today at the current price of $0.22. Here’s how they can calculate their potential profit if $BLUM reaches $1.50 by 2025: Step 1: Determine the Price Difference Future price: $1.50 Current price: $0.22 Difference: $1.50 - $0.22 = $1.28 Step 2: Multiply by Number of Coins If the investor holds 1,000 coins, the total profit would be: $1.28 x 1,000 = $1,280 So, the investor could potentially make a profit of $1,280 by 2025 from an initial investment of $220 (1,000 x $0.22). The total supply of any cryptocurrency is a key factor that influences its price. The total supply refers to the maximum number of coins that can ever be created, while the circulating supply represents the number of coins currently available in the market. If $BLUM has a low total supply, scarcity could drive the price up faster as demand increases, making the price projection of $1.50 more feasible. On the other hand, if $BLUM has a high total supply, price increases may happen at a slower pace as a larger number of coins would need to be bought up by investors before significant price hikes occur. Understanding this concept can help investors anticipate the rate at which $BLUM’s price may grow and identify the right time to enter the market for maximum returns
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