Post
Topic
Board Altcoin Discussion
Re: BLUM
by
taufik123
on 08/09/2024, 17:22:45 UTC
-snip-
But this is something that will entice those participants to work hard to get more of Blums because what if the actual price is something closer than the premarket is trading?

It is something that will motivate you, but the supply and the usability of the platform is what make it sustain its price in the market, and I always expect the first weeks or months of listing as dumping time for weak hands who just claimed for free money and don't care about the project.

So I expect Blums to have selling pressure just like what happened to Dogs.

About how much supply on BLUM it will be revealed when the Listing starts, and it will be a determinant whether the price can be close to the Pre-Market or not.
We can learn from Notcoin which became the beginning of the success of the Project on the TON network and then followed by DOGS which turned out to be still below the Pre-Market price.

There are many factors that can influence, when DOGS will be listed, MEXC steals the start of the listing first at a very high price even 10x the listing price on other CEXs, and it is a few hours away before the official listing is simultaneously released. MEXC destroyed the DOGS market, and then a lot of dumping happened.

BLUM will also experience the same thing with the game of some rogue CEXs, taking advantage of every opportunity to earn more profits.

Now it's just a matter of doing the tasks that are provided and collecting more BLUM points