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$BLUM Listing Tomorrow: Short to Zero Expectation

The listing of $BLUM is scheduled for tomorrow, and the strategy is to short it down to zero. The actual listing will occur this Friday, June 27th at 13:00, but due to insufficient funds for a major exchange, it will be listed on some tier-2 exchanges. It is expected that the token will debut poorly, which could lead to even further decline. There will also be futures available for Mexico and VIX, linked via WEEX. The tokenomics are attached, but there isn’t much to say about them since all tokens from the drop, team allocations, and others are expected to be dumped. If accounts haven't been checked yet, do so through the Blum app or directly via the provided link. Before selling, note that only 30% of the drop can be received at TGE. The remaining part will unlock over 180 days, provided you don’t partially withdraw the airdrop. After TGE, $BLUM can be withdrawn at any time, but the unblocked remaining tokens will be held back, and the blocked portion will be canceled. The expected market cap at listing is between $100-150 million, which is the target range for shorting. Details are provided by WEEX.
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AI Analysis

Market ContextThe upcoming listing of $BLUM is approached with a bearish sentiment, primarily due to the reliance on tier-2 exchanges and historical trends with similarly launched tokens. Limited fund...

AI Recommendation

Investment StrategyGiven the outlined analysis, the recommended approach is to proceed with a short position, targeting the initial listing price and expecting a decline to the $100-150 million market...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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