Blum is set to be one of the most discussed projects based on the Telegram mini app concept. However, many do not know about the project or why it is gaining huge popularity, even after recent disappointments from other hyped projects such as Hamster, Catizen, and RockyRabbit. In my opinion, Blum has great potential as it is not just a Telegram game rewarding for daily login and completing quests.
Blum is working on an easy-to-use decentralized exchange on the Telegram mini app platform. The platform aims to have one platform for all crypto, meaning any crypto token or coin on any exchange can be traded on Blum. Blum aims to support more than 30 chains, including Ton, Solana, Ethereum, Polygon, Base, and many more. This vision can solve many issues currently present with Dex trading, like cross-chain trading, off-chain, and gasless trading. According to their official portal, they have confirmed users can trade without chain switching, meaning a token on any chain can be traded on the same platform. However, while we still pay gas fees per the native token to complete a transaction, with Blum Exchange, users do not need to have the native token in their wallet.
Localized peer-to-peer trading is also part of the project, allowing people to trade crypto with their native token. Following decentralized exchange innovation, Blum is working on introducing an off-chain order book with a self-custody wallet similar to what we use with MetaMask or TrustWallet with decentralized exchanges like Uniswap.
Blum Token Price Prediction
As of writing, the Blum mini app allows users to collect Blum points, and according to the official website, these points are more than just markers of user engagement. Users will soon be able to exchange these points for in-app rewards. Blum Token criteria have not yet been finalized, such as the ratio between Blum points to tokens; for that, we need to wait for official confirmation from the team. We do not have the total supply of tokens or the criteria for distribution to the user, like what percentage will be distributed and what percentage will be vested.
Blum Price Prediction 2024
| Market Cap | Price |
| $2 billion | $0.050 |
| $1 Billion | $0.020 |
| $750 Million | $0.0125 |
| $500 Million | $0.010 |
Blum’s pre-market already started on Gate and Bitget exchanges. Currently, it is trading at a maximum ask price of $0.0034 USD on Gate Pre-market OTC. However, some price reporting sites have even reported the token price at $0.0025. BingX is another exchange that also started the pre-market, and as per their record, the token is currently trading at $0.068. However, these prices are volatile, and as we have seen, there is often a huge difference between actual trading and pre-market prices for other recently launched Telegram mini app-based projects.
Most of Blum user current eyeing launch of XEmpire Token Price as it was highly promoted by them. if somehow this project able achieve height same as Dogs then we can see huge surge in blum project and more collaboration could be in the line.
Additionally, the success of Dogs, where Blum played an important role in marketing by adding quests on their platform rewarding users, is noteworthy. With the latest update, users can now catch Dogs while playing the Drop game. However, right now, only a few active users are able to play the DOGS edition game. To qualify, users must meet specific criteria, such as in-game activity, having more than five friends, daily check-in status or daily streak, and the number of completed quests. Blum tickets (daily seven tickets) allow users to earn Dogs, which is a real token currently trading on the market.
Blum Overview
| Project Name | Blum |
| Token/Ticker Symbol | Blum Token |
| Network | TON Blockchain |
| Total Supply | NA |
| Official website & Social | blum.io |
| Based on | Telegram Mini App (multichain self-custody dex and wallet) |
| Potential | High |
| Launched Date | 19 January 2024 |
Review
Blum created a channel on 17 January 2024, and since then, they have achieved a lot in terms of user acquisition and roadmap milestones. Blum is set to reach 100 million total users very soon and aims to become the most followed crypto project across social media. In the roadmap, they have already achieved public launch, along with farming, the Drop game, and Connect TON wallet feature. In the coming days, they will focus on introducing tribes, memepad, swaps, and wallets before the end of 2024. Blum is on track to break records in terms of the number of holders and users on their platform. Many influencers and top names in crypto are bullish on this project, and in my opinion, it will add great value to the crypto industry.