In recent months, Telegram has become a hotspot for innovative cryptocurrency mini-apps, following the viral success of projects like Notcoin (NOT). Launched in May 2024, NOT attracted over 35 million users, with its token surging 300% from its all-time low. Now, a new contender—Blum—is capturing attention with its hybrid exchange model and seamless Telegram integration.
How Blum Works: A Hybrid Exchange Revolution
Blum positions itself as a "hybrid exchange" combining the best of centralized (CEX) and decentralized exchanges (DEX). Here’s what sets it apart:
- Unified Trading Access: Trade tokens from both CEXs (like Binance) and DEXs (like Uniswap) in one platform.
- Telegram Integration: Operates as a mini-app within Telegram, leveraging its 1 billion-strong user base, especially in crypto-adopting emerging markets.
- Blum Points: Users currently earn points redeemable for real crypto tokens post-launch.
👉 Explore Blum’s innovative trading platform
Why Blum’s Approach Matters
- For Beginners: CEX-like simplicity with fiat onboarding.
- For Experienced Traders: DEX-level security and asset control.
- Future Features: Derivatives trading and expanded token support planned.
Blum’s Meteoric Growth: Key Milestones
- User Adoption: 10 million users in just two months.
- Telegram Ranking: Blum’s channel is now the 4th largest globally (9.6M subscribers), trailing only Hamster Combat, Tapswap, and Telegram Tips.
- Binance Endorsement: Selected for Binance Labs’ MVB Accelerator Program (top 13 out of 700+ applicants).
Competitive Landscape
| Rank | Telegram Channel | Subscribers |
|------|------------------------|-------------|
| 1 | Hamster Combat | 31M+ |
| 2 | Tapswap | ~10M |
| 3 | Telegram Tips | ~9.8M |
| 4 | Blum | 9.6M |
What’s Next for Blum?
- Token Listing: Anticipated post-points redemption phase.
- Platform Expansion: Full hybrid exchange rollout with cross-chain support.
- Market Impact: Potential to simplify crypto trading for Telegram’s massive user base.
👉 Stay updated on Blum’s launch
FAQs
Q: Is Blum free to use?
A: Yes! The app is free, with rewards earned through engagement.
Q: When will Blum tokens be tradable?
A: Tokens will be listed after the points-redemption phase—details TBA.
Q: Does Blum support fiat deposits?
A: Future integrations may include fiat gateways for easier onboarding.
Q: How secure is Blum?
A: Combines CEX liquidity with DEX-level user control for balanced security.
Q: Can Blum compete with Notcoin?
A: Its hybrid model targets traders, not just meme-coin enthusiasts, offering broader utility.
Final Thoughts
Blum’s rapid growth and Binance-backed credibility signal strong potential. By merging accessibility with advanced features, it could become a staple for Telegram’s crypto community. Watch for its token launch and trading debut in 2024!
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