Is Blum Crypto Worth It to Buy? Prediction that the price will explode!

Bittime - Blum is Telegram-based tokens that are predicted to be able to attract a lot of attention with their tap-to-earn concept. Is Blum Crypto worth buying? Follow the review!

Enthusiasm continues to grow as the official launch of this token approaches and airdrop scheduled for October 2024. However, is Blum a promising investment, or are big risks waiting behind this hype? 

This article will thoroughly examine Blum, its price predictions, and investment potential for potential investors.

What is Blum?

Blum is one of the leading players in the Telegram-based crypto industry this year, with more than 70 million users from all over the world. Simplicity and accessibility are the main attractions of this project. 

Users can collect Blum tokens just by doing simple tasks such as daily check-ins on the app, following their social media, and subscribing to educational materials about Decentralized Finance (DeFi) as well as blockchain concepts such as sharding.

Interestingly, Blum adopted the model tap-to-earn, where users can earn tokens just by tapping on the app. Additionally, there is a farming program that allows users to further develop their assets. 

Even though the Blum token has not been officially launched, Gate.io has opened pre-market futures trading for this token. Blum's pre-market on the platform shows high market interest in the project.

Read also: Blum Crypto Listing Date and Price Prediction

Blum Price Prediction

Blum price is currently trading at approx $0.0052 (Rp81.12), experienced a decline almost 20% of its highest peak This year. However, analysts project Blum's price could be in the range of $0.009 to $0.014 (Rp. 140.40 – Rp. 218.40) by the end of 2024, depending on market conditions and project milestones. 

With total supply 10 billion tokens, the scarcity of this token could trigger price increases in the future, especially if the Blum ecosystem continues to develop and demand for tokens increases.

Is Blum Crypto Worth It to Buy?

Even though the potential profits may seem tempting, it is important to pay close attention risk which exists. Some tokens are model-based to-earn has shown a pattern of drastic decline after the public launch. 

For example, Notcoin decrease more than 70% from its highest price, causing huge losses for early investors. Hamster Kombat And Catizen has also experienced a similar trend, with prices continuing to plummet since its launch.

Historically, tokens in this category tend to experience high initial hype, however prices are often depressed after listing. This happens because many investors rush to sell their tokens to make quick profits. 

Nevertheless, Blum has a different strategy with rapid adoption through Telegram and plans for innovative features, which could help maintain the value of the token in the long term.

Read also: Blum Airdrop Price Prediction: Can It Touch $1?

Conclusion

Is Blum Crypto worth buying? The answer depends on your risk profile and investment strategy. 

If you are an investor who is willing to take risks to gain big profits, Blum could be an interesting opportunity. Especially this token is valuable potential price increase to IDR 218.40 per token at the end of the year. 

However, for the more conservative, it is important to consider the possibility of a price drop after the airdrop takes place, as many similar tokens experience.

Are you ready to take the plunge and join Blum's journey into the future of Web3? Or will you wait until the initial hype passes? The choice is yours.

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