BLUM Live Price and Key Market Data
Blum (BLUM) is a cryptocurrency currently trading at approximately $0.0783. Its market capitalization and trading data are frequently updated, allowing investors to monitor real-time performance. Staying updated with current market conditions is essential for making timely and informed decisions in the dynamic crypto market.
Real-Time Price Performance
The BLUM token has exhibited significant volatility, as reflected in its recent price movements. Here is a summary of its performance across different timeframes:
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | -$0.015868 | -16.84% |
| 30 Days | +$0.0683 | +683.00% |
| 60 Days | +$00.0683 | +683.00% |
| 90 Days | +$0.0683 | +683.00% |
Today's Price Change
BLUM recorded a decrease of $0.015868, representing a decline of 16.84% in the last 24 hours.
30-Day Performance
Over the past month, BLUM's price increased by $0.0683, showcasing a substantial growth of 683.00%.
60-Day and 90-Day Trends
The token maintained consistent performance over the medium to long term, with both the 60-day and 90-day periods reflecting gains of 683.00%.
Key Market Metrics
Critical market indicators provide further insight into BLUM’s current status:
- 24h Low: $0.07652
- 24h High: $0.10296
- All-Time High (ATH): $0.10296
- 24h Trading Volume: Approximately $826.02K
These figures highlight the token's recent trading range and overall market activity.
What Is Blum (BLUM)?
Blum is a multifaceted project building a multichain ecosystem tailored for on-chain trading. Its suite of tools includes a streaming-capable launchpad, AI agents, a trading terminal with an integrated bot, perpetuals, and an AI-powered arena for developing and testing trading strategies.
Since its inception, Blum has achieved significant milestones. It was part of the Binance MVB Program and has since launched a memecoin-focused launchpad where over 240,000 tokens have been created. The platform has attracted more than 400,000 traders and has expanded its ecosystem with the release of its own proprietary trading bot.
Understanding BLUM Tokenomics
Tokenomics refers to the economic model of a cryptocurrency. It encompasses all aspects that influence a token's value and utility, including its distribution, supply mechanics, and incentive structures. A well-designed tokenomic model is crucial for long-term sustainability and growth, as it aligns the interests of developers, investors, and users.
👉 Explore detailed tokenomic models for various assets
Analyzing a project's tokenomics provides deeper insight into its potential viability and helps investors understand how the token is intended to function within its ecosystem.
How to Analyze Crypto Prices and Make Informed Decisions
Navigating the cryptocurrency market requires a solid strategy. Here are some fundamental steps for conducting effective research:
- Understand the Project: Before investing, thoroughly research the project's whitepaper, use case, development team, and long-term vision.
- Review Market Data: Analyze live price charts, trading volume, market cap, and historical performance to gauge market sentiment.
- Monitor Developments: Stay informed about project updates, partnerships, and news that could impact the token's value.
- Assess the Community: A strong, active community can be a positive indicator of a project's health and potential for growth.
- Diversify Your Portfolio: Avoid concentrating your investments in a single asset to manage risk effectively.
Frequently Asked Questions
What is the current price of BLUM?
As of the latest data, BLUM is trading near $0.0783. It is important to check a reliable live price tracker for the most current value, as cryptocurrency prices are highly volatile and can change rapidly.
What is the main purpose of the Blum project?
Blum is building a comprehensive ecosystem for on-chain trading. Its products include a launchpad for new tokens, a advanced trading terminal with a built-in bot, and an AI-powered arena for strategy development, all designed to enhance the decentralized trading experience.
How can I safely invest in cryptocurrencies like BLUM?
Prioritize security by using reputable platforms with strong safety measures. Never invest more than you can afford to lose, conduct extensive independent research, and consider storing your assets in a secure personal wallet for which you control the private keys.
What does a high percentage price change indicate?
A high percentage change over a period, like the +683% seen with BLUM, indicates significant price volatility and strong market momentum, either bullish or bearish. While it can signal opportunity, such high volatility also comes with increased risk.
Why is tokenomics important for a cryptocurrency?
Tokenomics defines the economic rules of a token. It influences its scarcity, utility, and how value is distributed and accrued within the ecosystem. Understanding these mechanics is vital for assessing a token's long-term potential and sustainability.
Where can I learn more about a project's technology?
A project's official website and whitepaper are the primary sources for technical details. Additionally, independent research articles, community forums, and developer documentation can provide deeper insights into the technology and its applications.