Blum's total token supply is capped at 100 billion, with a current circulating supply of almost 99.999997 billion tokens. A significant portion of this supply, 6 billion tokens, has been earmarked for an airdrop valued at approximately $1 billion. This airdrop represents 6% of the total supply, with each token valued at about $0.1667.
If the token manages to maintain this value post-airdrop, the market capitalization could potentially reach a staggering $16.67 billion. However, the price is expected to fluctuate due to the interplay of supply and demand. Market sentiment will also play a crucial role in determining the token's price trajectory. Bullish sentiment could drive the price up to $0.20 to $0.25, while bearish sentiment might lead to a decline to $0.10 to $0.12.
Long-term predictions for Blum are even more speculative. While some experts forecast a price of $50.00 per token by 2050, it's essential to approach such predictions with a healthy dose of scepticism. The crypto market is notoriously volatile, and a lot can change in the next three decades.