Airdrop Overview:
Total Token Supply: 100,000,000,000.00 tokens
Total Airdrop Quantity: 6,000,000,000 tokens (6% of total supply)
Airdrop Value (USD): $1,000,000,000
Number of Winners: 5,000,000
Circulating Supply: 6,000,000,000 tokens (assuming only airdropped tokens are in circulation)
Airdrop Price:
Airdrop Price per Token= Airdrop Value\Total Airdrop Quantity = 1,000,000,000/6,000,000,000= \$0.1667
Initial Market Capitalization:
Market Capitalization =Circulating Supply*Airdrop Price = 6,000,000,000*0.1667 = $1,000,200,000
Price Prediction (End of 2024): With increasing adoption and the launch of additional features, the token price might see a moderate increase to around $0.20.
Circulating Supply: The circulating supply could increase as more tokens are released into the market. Assuming 20% of the total supply is in circulation:
Circulating Supply = 20,000,000,000 tokens
Expected Price Increase: With continued platform development and increasing user base, the token price could rise to $1.00.
Market Capitalization:
Market Capitalization = 20,000,000,000*1.00 = $20,000,000,000
Circulating Supply: Assuming 50% of the total supply is in circulation:
Circulating Supply = 50,000,000,000 tokens
Long-Term Growth Potential: If the platform scales and the adoption of decentralized exchanges increases, the price could reach $5 by 2030.
Market Capitalization: Market Capitalization = 50,000,000,000*5 = $250,000,000,000
Circulating Supply: By this time, almost the entire token supply could be in circulation. Assuming 90% circulation:
Circulating Supply = 90,000,000,000 tokens
Technological Maturity: As the technology matures, the price might stabilize or increase to $20.00 depending on market conditions and adoption rates.
Market Capitalization:
Market Capitalization = 90,000,000,000*20.00 = $1,800,000,000,000
Circulating Supply: 100% of the supply could be in circulation by 2050:
Circulating Supply = 100,000,000,000 tokens
Future Value: With full adoption and widespread use of the Blum platform, the token could potentially reach $50.00 per token.
Market Capitalization:
Market Capitalization = 100,000,000,000*50.00 = $5,000,000,000,000
The anticipated Blum Token listing, set for late September or early October, has the crypto community excited. This significant event will introduce new trading opportunities on the Blum decentralized exchange, improving user experience with integrated centralized and decentralized platforms.
Also Read: How to Withdraw DOGS Token From Binance and Bybit
Also read: Blum Price Prediction: What Will Be The Price On BinanceLokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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