Blum Coin Launches on Exchanges, Price Surges 54%

Blum Coin is the digital asset of the Telegram-native hybrid exchange and game platform, Blum. The Blum crypto exchange operates on a hybrid model and boasts a vast Telegram community with over 90 million users, positioning it as one of the most innovative and significant projects within the crypto ecosystem. The platform combines features of both centralized exchanges (CEX) and decentralized exchanges (DEX), offering users a seamless and interactive experience.

Blum provides several key features, including simple and seamless access to tokens, a cross-chain trading experience without the need for chain switching or native token gas fees, a high-security trading terminal, a memepad for launching and trading memecoins, and AI-powered trading tools. The platform aims to make the crypto journey not just profitable but also enjoyable and interactive for its users.

The Blum exchange was created by a team of experienced professionals, including Gleb Kostarev, the current CEO and former Binance executive, Vladimir Smerkis, the current CMO with a background in marketing and business development, and Vladimir Maslyakov, the current CTO with extensive experience in finance, high-frequency trading, and blockchain. The exchange was also selected for Binance Labs’ Most Valuable Builder (MVB) Season 7, highlighting its potential and providing resources for platform enhancement.

The Blum crypto is the native digital asset of the Telegram-based Blum exchange. The Blum listing date was June 27, 2025, at 10:00 (UTC), and the token went live on various crypto exchanges, including Bitget, MEXC, and Gate. Blum trading first started on Bitget, and users were able to claim the airdrop in the mini app.

On the Blum airdrop listing date, users could expect new features and opportunities like token trading and claiming. Airdrop recipients could claim and trade their Blum tokens straight via the Blum app. To participate in the Blum crypto airdrop, users had to join the Blum Telegram via @BlumCryptoBot, play the Drop Game, complete tasks, and invite friends. After the TGE on June 27, users could claim the Blum tokens via the linked wallet using the Telegram or mobile/web app.

Blum Coin can be bought on Bitget and other crypto exchanges that listed it on June 27, at 10:00 (UTC). Users can trade Blum on the Blum exchange spot and memepad, and via the platform’s trading bot. To buy and trade the Blum Coin following the Blum listing date, users had to choose one of the exchanges that listed Blum, create an account if they didn’t already have one, set up their wallet, and buy Blum via bank cards or deposit fiat/crypto to buy the token.

On June 27, after the Blum Coin TGE, the Blum price was above $0.11, hitting a top above $0.17, before settling to current levels. At the moment of writing this article, the Blum price was above $0.12. It looks like the Blum price reached a peak during the post-launch hype, and it’s now slowing down.

The total token supply for Blum is 1 billion tokens. 200 million Blum coins, or 20% of the total supply, go to the community. 200 million Blum coins, or 20% of the total supply, go to the project ecosystem. Over 280 million Blum coins, or 28.08% of the total supply, go to the treasury. Over 160 million Blum coins, or 16.11% of the total supply, are allocated for contributors. Over 158 million Blum coins, or 15.81% of the total supply, are allocated for the investors. Airdrop vesting – 300 million Blum coins, or 30% are unlocked at launch; the rest will be unlocked over the next six months.

On June 27, Blum staking went live, and users could allow their tokens to earn more. Users could stake directly on TonRaffles with no LPs, or provide Blum or TON token liquidity on StonFi app on Telegram. After the Blum token launch on June 27, users could expect benefits such as token trading and claiming, web and mobile app rollout, AI trading tools, multichain expansion, launchpad and memepad, fiat access and advanced features, and rewards including trading fee discounts and platform rewards.

Blum seems to be a project with potential in Web3, with various engaging targets and promises for users. Considering that the Blum ecosystem has gathered over 90 million users, the hybrid exchange and gaming platform can innovate the Telegram community, embodying the benefits of DEX and CEX, while offering users the chance to play Drop Game to get the airdrop. However, despite the project’s targets and promises to users, it is strongly advised to do your own research before deciding to invest and stay updated with the Blum coin price trajectory to avoid buying the hype and losing more than you can afford.