Blum Coin ($BLUM) has been attracting significant attention ahead of its pre-market debut on XT Exchange, with trading set to commence on October 17, 2024, at 08:00 UTC. Investors are closely monitoring the coin due to its potential in decentralized finance (DeFi) and its innovative hybrid exchange model.

Pre-market data reveals that Blum Coin is currently trading within a range of $0.001000 to $0.008610 USDT, with a 24-hour trading volume of 272.6457 million BLUM. This has resulted in a turnover of approximately 2.2 million USDT. Notably, the coin’s price has surged by 681.80% over the last 24 hours, reaching $0.007818 USDT.

### Short-Term Forecast:

Blum Coin’s pre-market price of around $0.0078 USD suggests that further gains are possible. In the weeks following its listing, the price could rise to between $0.005 and $0.007, reflecting a potential upside of 25% to 75%. This increase will likely be driven by the coin’s unique DeFi features and its positioning within the hybrid exchange space.

### Medium-Term Forecast:

Over the next 3 to 6 months, Blum Coin is expected to sustain its upward trajectory, with a projected price range of $0.01 to $0.015. This growth will likely be driven by the establishment of strategic partnerships and increasing interest in DeFi, following patterns seen with projects such as Chainlink and Uniswap.

### Long-Term Forecast:

For long-term investors, Blum Coin holds even more potential. If the project continues to innovate and secure key partnerships, its price could rise to between $0.05 and $0.10 within the next 12 to 18 months. This will largely depend on its ability to stay relevant in the DeFi ecosystem and expand its market presence.

Overall, Blum Coin’s future appears promising, with significant opportunities for growth across various time frames.#MemeCoinTrending #WhichMemeCoin? #SCRSpotTradingOnBinance #USRetailSalesBoost #BinanceLabsInvestsLombard