Crypto:
31378
Bitcoin:
$62.108
% 2.61
BTC Dominance:
%57.2
% 0.10
Market Cap:
$1.58 Bn
% 0.01
Fear & Greed:
45 / 100
Bitcoin:
$ 62.108
BTC Dominance:
% 57.2
Market Cap:
$1.58 Bn

Blum Crypto: Rapid Growth, Recent Developments, and Future Plans

Blum Ce

Blum Crypto is a DEX platform with built-in integration into the Telegram platform and has become quite popular in the crypto market relatively recently. Launched recently by ex-Binance employees Gleb Kostarev and Vladimir Smerkis, Blum has set out to become a kind of a hybrid exchange between CeFi and DeFi. Built-in integration with the Telegram also allows the platform’s customers to manage and trade assets, always increasing the audience among users in different countries.

Latest News: Explosive User Growth

The event that marked the largest growth for Blum Crypto was the period between the 31st of May to 11th of June, 2024 when its user base was increasing from 10 million to over 20 million. This exponential growth is due to Blum’s highly successful referral programs as well as the entertaining features in the Blum Telegram chat. Though Blum’s approach was more of a game, using the Drop Game, the application has ensured that the customers were constantly engaging in daily activities hence increasing usage of the platform.

Upcoming Features and Strategic Roadmap

Blum’s outlined development plan for the rest of 2024 ranges from tweaking existing features to adding new ones to grow Blum’s user base. Among the new features planned for the release, there is Perpetual Futures, which will enable users to perform more elaborate trading configurations. Also, Blum intends to release the Ton Connect wallet, including sophisticated financial solutions within the precise application.

The most anticipated event is the anticipated listing of the Blum tokens on Binance expected in August 2024. This list might help Blum gain more exposure in the cryptocurrency market and bring more investors contributing to a stronger position of Blum now and in the future of Web3.

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Blum Crypto is also well-placed for further expansion due to the firm’s strategic concentration on incorporating superior trading tools with social media applications, such as Telegram. As the platform rolls out these new features and expands its reach, it is expected to play an important role in the evolving landscape of decentralized finance.

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