Is It Too Late To Buy BLAST? Blast Price Soars 14% After $2 Billion Airdrop And This Might Be The Next Crypto To Explode
The Blast price surged 14% in the last 24 hours to trade at $0.02506 as of 4.30 a.m. EST on trading volume that reached $717 million.
The token’s price surged after it went live yesterday, June 26. This was when the project’s first phase ended, and its community was notified that it had 30 days to claim its BLAST airdrop. Meanwhile, Blast kicked off Phase 2, which is called “Enter the Fullstack Chain.”
$BLAST is now LIVE
You have 30 days to claim your Phase 1 airdrop👇
Phase 2 now begins: Enter the Fullstack Chain.
Our mission is to UNBANK THE BANKED.
Join us and earn Native Yield + BLAST in Phase 2! pic.twitter.com/tU1Tsqpkbp
— Blast (@Blast_L2) June 26, 2024
The project claims that its mission is to Unbank the Banked, in a sense where it seeks to accelerate the market’s transition from an off-chain economy to an onchain economy.
Blast further explained that in only four months, its community grew to reach over 1 million people, while Blast itself became the 6th-largest onchain economy across all chains by Dapp TVL, DEX volume, and Fees Paid
It says that all existing chains have the same end-to-end user experience, where each chain focuses on optimizing the chain itself while relying on third parties for the rest.
This is the Android approach, which Blast dislikes, as it results in a fragmented user experience filled with friction. Instead, it seeks to unlock the next wave of growth for the onchain economy, which involves optimizing the entire end-to-end user experience.
Its views attracted strong support, but the question is — is it too late for newcomers to buy BLAST now?
Between Blast promising to give 1,000 Gold to 10 followers as part of the Phase 2 kick-off celebration and Coinbase’s announcement to add support for Blast, there is a lot going on in the project’s favor right now.
Coinbase will add support for Blast (BLAST) on the Blast network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️ (@CoinbaseAssets) June 26, 2024
Blast Price Prediction
Blast’s overall performance since launch is mostly typical for a new cryptocurrency. Its token initially surged, then saw a mild correction, which was followed by an even greater surge, as the demand started building up. This led it to a major resistance at $0.028, from where its price corrected as a portion of early investors likely took profit by cashing out.
Right now, the project has likely pushed past the worst part of its post-launch volatility and is ready to see healthy performance, partially affected by the community’s support and partially by the wider market sentiment.
With that said, technical indicators suggest that Blast might see a price recovery in the following hours. Its Bollinger bands have narrowed down quite a bit compared to its performance between the launch and now, but they are already giving hints of another widening, which is a positive, bullish sign.
Meanwhile, the project’s Relative Strength Index (RSI) is moving up from the oversold zone, past the neutral area, and toward being overbought. Even so, there is still room left for growth. The RSI simply shows that buyers are overwhelming the sellers right now, and the price is starting to mirror this performance.
A Promising Alternative to Blast
While Blast saw great volatility following the launch, and it has growth potential, opportunity seekers in the crypto industry should consider trying out some of the best Blast alternatives.
One example is Mega Dice (DICE), a GameFi project that is still in presale and that also has created its own major airdrop. DICE is the native cryptocurrency of the Mega Dice casino, and it has already raised over $1.54 million
Haven’t bought $DICE yet? Follow the link below to buy in a few easy steps – not convinced, view our reasons below ⤵️
BUY $DICE HERE: https://t.co/E5WFsXQhfQ
Current Price: 1 DICE = 0.075 🚀
Here’s why $DICE is set to become the leading GameFi token, outpacing all… pic.twitter.com/kouUUsxYft
— Mega Dice Casino (@megadice) June 21, 2024
The project has attracted a lot of attention from crypto experts. The YouTube channel Cryptonews, with over 9.7k subscribers, speculates that this might be the next 50x gaming crypto.
Buyers are promised daily rewards that depend on the casino’s performance, early bird bonuses, limited edition NFTs, and more.
Its $2.25 million airdrop is split into three seasons, with each offering $750k of giveaways. Season 2 is now underway. To qualify, you must wager $5k on its platform within 3 weeks.
Season 2 is scheduled to end tomorrow, June 28. While it may be late to join now, Season 3 will kick off soon after, so would-be participants should keep an eye out for that.
DICE tokens currently sell for $0.0825 apiece. Buy soon if you are interested because the price will increase in less than four days.
Visit the official website to buy DICE here. You can use SOL, BNB, or ETH.
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- GameFi Sensation Mega Dice Zooms Past $1.3 Million In Blockbuster Presale
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