Blum (Blum) has fallen 4.64% in the last 24 hours.

Gate News Bot News, July 4th, according to CoinMarketCap data, as of the time of writing, Blum (Blum) is currently priced at 0.08 USD, with a 4.64% fall in the last 24 hours, reaching a high of 0.17 USD and a low of 0.07 USD, with a 24-hour volume of 16.7 million USD. Current market capitalization data is not available.

Blum is an all-in-one cryptocurrency trading platform that offers cross-chain trading, trading terminals, AI-driven trading, and more. The platform is designed to provide users with a simple and seamless cryptocurrency trading experience, including trading of all major tokens and emerging tokens. Blum also offers the Memepad feature, allowing users to easily publish, trade, and earn meme coins, as well as implement automated trading strategies through AI-driven trading tools.

Important news about Blum recently:

1️⃣ Gate launches a limited-time airdrop event for new users of BLUM Gate will launch a limited-time airdrop event for new users of BLUM from July 3 to July 17. New registered users who complete specified tasks can participate in sharing a reward pool of 450,000 BLUM. This event is expected to attract more users' attention and participation in the Blum ecosystem, potentially bringing new demand for BLUM.

2️⃣ BLUM Token Monthly Burn Continues Blum completed the destruction of 22.6 million BLUM in June, accounting for 2.26% of the total token supply. This periodic destruction mechanism aims to reduce the circulating supply, potentially supporting the price of BLUM. The next round of destruction is in preparation, demonstrating the project team's commitment to continuously implementing deflationary policies.

3️⃣ BLUM staking feature fully launched The BLUM staking feature has been opened, and users can stake to earn rewards through the TonRaffles platform without the need to provide liquidity. At the same time, the Gate platform has also launched the BLUM Launchpool activity to provide users with additional staking reward opportunities. These staking options potentially can lock a portion of the circulation and provide extra incentives for long-term holders.

From a technical perspective, BLUM has experienced a significant fall in the past 24 hours, which may be related to the overall sentiment in the cryptocurrency market. On the fundamentals side, the Blum project is working hard to build a complete ecosystem and manage its token economic model through various means such as airdrop activities, token burns, and staking mechanisms.

This message is not an investment advice, and investors should be aware of the risks of market volatility.