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TürkçeBlast Information
Blast is an emerging cryptocurrency designed to facilitate seamless microtransactions across a wide array of digital platforms. It emphasizes speed and low transaction fees, making it an attractive option for online content creators and consumers alike. The coin's underlying technology focuses on enhancing security while maintaining a user-friendly experience, positioning it as a competitive player in the crypto space.
Understanding Blast: A Detailed Review of its Market Position and Potential
Blast (BLAST) has steadily gained attention within the cryptocurrency community, primarily due to its intriguing technology and ambitious roadmap. This digital asset has established itself as a potentially interesting player in the market, drawing investors with its solid fundamentals and active community engagement.
The Fundamentals of Blast
Blast serves as a utility token within its ecosystem, aiming to revolutionize decentralized transactions. The project's website, Blast.io, provides insights into its use cases, highlighting its unique consensus mechanism and scalable infrastructure. With a total supply capped at 100 billion coins, Blast positions itself as a sustainable option in the market.
Blast's Historical Performance
The historical journey of Blast has been quite fascinating. It reached its all-time high (ATH) of $0.02917956 on June 27, 2024, marking it as a point of significant optimism among investors. However, the coin saw a marked decline from its ATH, with a decrease of approximately 71.80%. It is crucial to note that this volatility is not uncommon in the cryptocurrency space.
In terms of its all-time low (ATL), Blast recorded a price of $0.00765113 on August 5, 2024, which demonstrates its price sensitivity to market conditions. Since then, the coin has shown resilience with a price change of around 7.56% from its ATL, illustrating a potential recovery trend.
The Pros of Holding Blast
One of the key advantages of holding Blast is its vibrant community and strong developer support. The team behind Blast is continually focused on enhancing the token's technology and use cases, generating optimism for long-term growth. Furthermore, its market capitalization of over $178 million reflects a healthy interest level and liquidity, making it a viable asset for both short-term trading and long-term holding.
Blast's steady price increase of over 3.17% in the past 24 hours, according to the latest market data, indicates a positive short-term sentiment. Its total volume of $14.8 million signifies active trading, which is essential for maintaining liquidity in the market.
Potential Challenges for Blast
Despite its promising aspects, Blast is not free from challenges. The significant drop from its ATH points to potential issues with market adoption or external market pressures. Furthermore, with a circulating supply of over 21 billion coins, the market is susceptible to price dilution if not managed with strategic scarcity principles.
Competition in the cryptocurrency industry is fierce, with numerous projects vying for attention and investment. Blast's future success relies heavily on its ability to differentiate itself through unique technological advancements and practical use cases in real-world applications.
Future Outlook for Blast
The future outlook for Blast appears cautiously optimistic. If the development team continues to deliver on its roadmap, focusing on enhancing the token's infrastructure and increasing its adoption, Blast could see significant growth. The coin's price action in the upcoming months will largely depend on broader market trends, strategic partnerships, and technological updates.
In conclusion, while Blast presents intriguing prospects due to its technological foundation and community strength, investors should remain vigilant of the inherent risks associated with the crypto market. As always, thorough research and consideration of market dynamics are recommended before making investment decisions.
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General Information |
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Title
Blast
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Symbol
blast
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.00779241
$
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High 24h
0.0080956
$
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Low 24h
0.00739979
$
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Price Change 24h
0.00016898
$
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Price Change % 24h
2.21658
%
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Market Data |
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Market Cap
191945758
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Total Volume
8219628
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Market Cap Change 24h
5020070
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Market Cap Change % 24h
2.6856
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
24624514008.435
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Total Supply
100000000000
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Max Supply
100000000000
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Historical Data |
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All Time High (ATH)
0.02917956
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ATH Change %
-73.2768
%
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ATH Date
2024-06-27 00:20
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All Time Low (ATL)
0.00717547
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ATL Change %
8.67174
%
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ATL Date
2024-11-04 21:57
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