Despite the excitement, the 2024 roadmap, updated in May, made no mention of the Token Generation Event (TGE) or the $BLUM token airdrop. With October already here, the community was expecting more clarity before the end of the month, but as of now, there is no official confirmation of the airdrop date. Many members were hoping for a launch before the end of October 2024, yet the exact timeline remains uncertain.
Will it Impact the Blum Listing Price
The BlumCrypto community has expressed strong support for the project, but the delays in delivering on key promises, such as the airdrop and listing, have created a demand for more transparency because this delay may lead to a price crash as we have seen in DOGS token listing where its price crashed significantly. As the project grows, it’s crucial for the team to provide clear answers and updates regarding the roadmap. With 80 million users now involved, it’s essential for BlumCrypto to step up and deliver timely updates to maintain trust.
Blum Token Supply and Market Dynamics
Blum's total token supply is capped at 10billion, with approximately 9.999997 billion tokens currently in circulation. Notably, 6 billion of these tokens have been earmarked for an airdrop, valued at around $1 billion. This airdrop accounts for 6% of the total supply, with each token priced at approximately $0.001667. If this valuation holds, Blum's market capitalization could reach a substantial $16.67 billion.
