Blum reveals $BLUM token snapshot and airdrop criteria ahead of June 7, 2025, launch. Amid founder scandal and falling volume, can this Telegram DEX regain momentum?<\/p>\n
After more than a year of development, Blum<\/a>, the Telegram-based mini app<\/a> that once boasted 42 million monthly users, has finally revealed critical details about its upcoming airdrop<\/a> and token launch.<\/p>\n The team confirmed that the long-awaited snapshot to determine Blum airdrop<\/a> eligibility will occur on June 7, 2025, at 00:00 UTC, marking a pivotal moment in the project\u2019s evolution from a “tap-to-earn” gimmick to a more utility-focused decentralized exchange (DEX) on the TON ecosystem<\/a>.<\/p>\n The June 7 snapshot will lock in user balances and platform activity, forming the basis for $BLUM airdrop allocations. To qualify, users must meet at least one of the following three criteria:<\/b><\/p>\n 1. Hold over 100,000 Blum Points (BP)<\/b><\/p>\n 2. Earn 750 or more Meme Points (MP)<\/b> or provide proof of meaningful engagement<\/p>\n 3. Refer at least two new users <\/b>and pass a Sybil <\/b>check to prevent fraud<\/p>\n These conditions have sparked debate within the community. Some long-time users who consistently engaged with the app but failed to meet technical thresholds have voiced frustration.<\/p>\n For example, one user shared on X that they were disqualified despite maintaining a 67-day login streak.<\/p>\n Others have criticized the Meme Points requirement as particularly unfair to early supporters.<\/p>\n In response, the Blum team has reiterated the importance of anti-Sybil mechanisms to ensure fair distribution and avoid manipulation. These measures include:<\/p>\n 1. Bot and script detection<\/p>\n 2. Behavior-based activity screening<\/p>\n 3. Detection of multi-account setups<\/p>\n 4. Cross-referencing known Sybil wallets<\/p>\n The Blum Airdrop Checker is now live, giving users a final chance to validate their eligibility before the June 7 snapshot.<\/p>\n Although the snapshot date and eligibility criteria are clear, Blum has yet to release full tokenomics<\/a>, including details like the circulating supply, vesting periods, or ecosystem incentives. What is known:<\/p>\n 1. Maximum supply: <\/b>100 billion $BLUM tokens<\/p>\n 2. Pre-market price: <\/b>Currently around $0.0015, down 90% from its early 2025 high<\/p>\n 3. Current trading volume: <\/b>Oscillating between $0.0014 and $0.0020, showing mild activity ahead of the airdrop<\/p>\n Blum\u2019s trading volume has declined sharply, dropping from over $700,000 daily in February to just $6,000 in June, according to Dune Analytics.<\/p>\n This stagnation raises concerns about the project’s ability to attract meaningful liquidity and trader interest in the DEX space, where competition is already fierce.<\/p>\nSnapshot and Airdrop Criteria: What Users Need to Know<\/h2>\n
Tokenomics and Trading Potential: What We Know So Far<\/h2>\n
A Rocky Road: Leadership Scandal and Declining Metrics<\/h2>\n