SafeBlast (BLAST) token has officially launched on crypto platforms, including StormGain! The revolutionary project has been a buzzword for a while. Blast is an Ethereum-based L2 network, the peculiarity of which is a built-in profitability mechanism with a rate of 4-5% per year. Following the June 26th BLAST airdrop announcement, for which the Blast team allocated 17 billion tokens, the Blast team has announced the start of Phase 2 and a new mission: to UNBANK THE BANKED. What about the SafeBlast coin price? Let's analyse and check SafeBlast price predictions.

What is SafeBlast (BLAST)?

Blast is a second-layer blockchain built on an optimistic rollup and fully compatible with Ethereum Virtual Machine (EVM). The main goal is to provide a basic return on deposited ETH and stablecoins.

This is a multichain token based on the BEP-20 and ERC-20 blockchain. It functions as a utility and deflationary token at the same time:

• Thanks to the utility function, the token can be used for online retail and vending machines
• The deflationary part makes SafeBlast an autonomous yield and liquidity generation protocol

SafeBlast charges users a 10% fee for every transaction, which is split into two parts: rewards and liquidity. Half of this fee (5%) is distributed to all BLAST holders based on their wallet balance, providing rewards proportional to their holdings. The other 5% goes towards LP Generation, which is deposited back into the PancakeSwap liquidity pool and locked, keeping the market liquid and helping reduce risk.

Blast is one of the fastest-growing chains in crypto history. In only four months, the community has grown to over one million strong, and Blast is already the sixth-largest on-chain economy across ALL chains by Dapp TVL, Dex Volume, and Fees Paid.

As the BLAST team tweeted

Our goal is to accelerate the market's transition from an off-chain economy to an on-chain economy, which we believe is the most efficient market structure for global finance.

BLAST airdrop

The Blast L2 solution team published tokenomics and announced an airdrop on 26 June 2024.

It is known that the total supply of tokens is 100 billion. 50% of this amount will be allocated to the community. The assets will be distributed through "incentive campaigns." The main participants of the ecosystem will receive 25.5% with a linear unlocking period of four years, but a quarter of the tokens will be available a year after the TGE.

16.5% of tokens were allocated to investors. They will receive assets in the same way as ecosystem participants. Another 8% will remain in the Blast Foundation.

In addition, the project team published details of the airdrop, for which 17 billion tokens were allocated.

It is known that 7% of assets will be divided among users who received points for creating liquidity. Another 7 billion tokens will be given to participants who earned Blast Gold for using decentralised applications. 3% will go to the Blur Foundation "for distribution to the Blur community."

The message also notes that about 0.1% of users (1000 wallets) will receive the airdrop linearly over six months.

SafeBlast (BLAST) price analysis

At the time of writing SafeBlast price prediction on 27 June 2024, the asset's price was $0.000000005095, with a daily trading volume of $488.90. The token ranked #1776 on CoinMarketCap, with a market capitalisation of $894,484, a circulating supply of 175,553,096,633,449 BLAST and a total supply of 1 quadrillion BLAST.

BLAST price statistics (as of 27/06/24)

SafeBlast (BLAST) price history

The highly anticipated airdrop for the Ethereum layer-2 network Blast went live on 26 June 2024 morning, distributing millions of dollars’ worth of free tokens to users. However, within minutes, many recipients started selling their BLAST tokens, causing the price to drop and disappointing some who expected a larger giveaway.

The token debuted at around $0.025, valuing the 17 billion tokens in the Phase One airdrop at about $430 million, with $354 million reserved for Blast users. After the selloff, the price dropped closer to $0.02, reducing the reserved token value to $289 million. Many in the DeFi community were disappointed by the opening price, expecting it to be between $0.03 and $0.10, especially given the hype from the Blast network's popularity and previous successful airdrops. Despite the disappointment, some users on Crypto Twitter emphasised that receiving free tokens is still a benefit, regardless of the value.

BLAST/USDT price chart

SafeBlast (BLAST) technical analysis

As of 27 June 2024, SafeBlast price prediction sentiment is bearish. However, technical indicators suggest that the 200-day SMA for SafeBlast will increase over the next month, potentially reaching $0.000000001529 by 27 July 2024, while the short-term 50-day SMA is projected to hit $0.00000002186 by the same date. With an RSI value of 70.68, the BLAST market appears overbought, indicating a likely price increase. Today's classical pivot point (P1) is $0.00000001378, and SafeBlast's support and resistance levels are uniformly set at $0.00000001378.

Is SafeBlast (BLAST) a good investment?

BLAST is a new crypto asset, and there isn't much information about the SafeBlast coin price available, so it's difficult to assume whether it's a good investment.

SafeBlast (BLAST) price prediction for 2024-2040

WalletInvestor SafeBlast (BLAST) price prediction for 2024, 2025, 2030 and 2040

According to WalletInvestor's SafeBlast (BLAST) price prediction, the BLAST token's price is expected to be around $0.000000004 in 2024. Looking further ahead, by 2040, the price could increase by about 10% to $0.0000000249, and by 2050, it may rise by 15% to $0.0000002052.

Gov Capital SafeBlast price prediction for 2024, 2025, 2030 and 2040

According to the Gov Capital SafeBlast price prediction, the BLAST token price is expected to reach $0.00000000799 in early 2024, potentially breaking its previous all-time high of $0.000000546. By the end of 2025, BLAST is forecasted to trade between $0.00000000858 and $0.0000000102. Between 2028 and 2030, BLAST is expected to surpass $0.0000000188. In 2029, it could cross $0.0000000209, with a minimum of $0.0000000189, and by 2030, the price is forecasted to reach $0.0000000336.

Trade BLAST
 

CoinCodex BLAST token price prediction for 2024, 2025, 2030 and 2040 

According to the CoinCodex SafeBlast (BLAST) price prediction, BLAST is expected to reach $0.00000000852 by the end of 2024. In 2025, BLAST might break through $0.0000000102. By 2027, it could reach an all-time high of $0.0000000183. In 2029, it may cross $0.0000000209, with a minimum of $0.0000000189, and by 2030, it is forecasted to reach $0.0000000336.

DigitalCoinPrice SafeBlast (BLAST) token price prediction for 2024, 2025, 2030 and 2040 

According to the DigitalCoinPrice SafeBlast (BLAST) price prediction, the token's price is expected to reach $0.0000000111 by the end of 2024. In 2025, BLAST might break through $0.0000000130, with prices likely ranging from $0.0000000109 to $0.0000000130. By 2026, BLAST could start at $0.0000000150 and trade around $0.0000000184. 2027, it is predicted to hit an all-time high of $0.0000000233. By 2030, BLAST is forecasted to trade between $0.0000000196 and $0.0000000233, potentially crossing $0.0000000267 in 2029.

SafeBlast (BLAST) future forecast in general

The forecasts paint a mixed picture for BLAST's future, with some predicting significant price appreciation in the coming years while others foresee major declines. As with any cryptocurrency, investing in BLAST carries substantial risks. Caution is advised when considering it as an investment.

How to Trade SafeBlast (BLAST) on StormGain

To start trading SafeBlast (BLAST) on StormGain, take the following quick steps:

• Sign up on the website or mobile app.
• Verify your identity by providing the required documents.
• Deposit funds using your preferred payment method, like bank transfer, credit/debit card, or crypto.
• Find the BLAST trading pair you want to trade on the trading platform.
• Place your trade order. You can choose between a market order (buy/sell at the current market price) or a limit order (buy/sell at a specified price).
• Set stop-loss and take-profit levels if needed.
• Close your position when you can realise your profits or cut your losses.

Always remember the risk associated with crypto investing. Buying and trading SafeBlast (BLAST) tokens is no exception.

Register Now