The Blum crypto project has officially announced that its $BLUM listing date and TGE schedule for June. According to the announcement, the token will become available on DEX platforms and the app. The team shared the details over X (formerly Twitter).
Source: X
The first user snapshot is expected to be done during the first week of June, while the TGE on DEX exchanges is planned to occur within the fourth week. As the coin will be available on DEXs only for now, platforms like Uniswap, PancakeSwap, Jupiter, and Hyperliquid could be the possible launch spots—but this part is still speculative as the team has not named any specific exchange.
One of the biggest questions the community is asking is: Why now? The project has seen repeated delays over the last 10 months, leaving users both excited and frustrated. But something major happened recently—Blum’s co-founder Vladimir Smerkis was arrested in Moscow on May 17. The team has officially stated that Smerkis is no longer involved with the project, either in development or leadership.
Source: X
This timing is important. Many in the crypto space believe that the team is pushing for a June launch to regain community trust and maintain the platform’s position. With increasing skepticism of transparency, trust, and delay, the move to at least implementing the TGE could be intended to turn around negative sentiment.
In parallel, the project remains to be robust in product development:
Trading Bot: More than 700K users, volume of $50M+
New terminal for trading: For users based on Telegram
TON launchpad tools: Focusing intensely on the TON ecosystem
Myths of most of the users being bots have been refuted by the team. As per Dune and verified on-chain data shows over 440,000 real traders and $72 million in volume, proving strong platform use.
Source: Dune
As a crypto analyst, I’ve been following the project closely. In the Blum Talk Telegram community post, the pre-market price of coin on MEXC is shown as $0.021. To determine whether this price feels reasonable, let's compare it with another massive Telegram project: Hamster Kombat.
Hamster Kombat went live on 26 September 2024 at $0.0065 listing price, reached an all-time high of $0.01004, and now hovers around $0.00215 with a market cap of $138M, as per CoinMarketCap. Hamster and Blum both have a total token supply of 100 billion but Blum is reflecting more user engagement and trust within the community.
Source: CoinMarketCap
According to my observation, with project performance and community numbers, the original token price could be in the range of $0.050 to $0.50. And once it’s listed on major CEXs like Binance, MEXC, OKX, and Bybit, there’s a good chance that the coin could even touch $1 or higher. In the long term, $10 is also possible if growth continues.
The Blum token listing in June is now official, with the snapshot likely in early June and the TGE and DEX listing in the last week. Despite past delays and the co-founder’s exit, the platform still has strong traction, solid products, and an active user base.
As always, these are just informed prediction on TGE based on available data and experience. Please do your own research before making any investment.
Also read: How to Add SatoshiVM to MetaMask
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