Gamified Telegram-based decentralized exchange (DEX) Blum has outperformed Hamster Kombat’s monthly active users before its forthcoming token generation event (TGE).
While Blum enjoyed a user base of 42 million in November, Hamster Kombat’s continuing decline has placed it at just 36 million users, following a continuous plummet.
Pre-Launch Success: Blum Outperforms Hamster Kombat Users
Blum is a DEX that combines the features of centralized and decentralized platforms. Specifically, it is a Telegram mini-app that offers a simplified trading experience that is accessible directly within the messaging app.
Blum’s journey began on April 19, 2024, and it accumulated an impressive 100,000 users within the first 24 hours of its announcement. Now, the DEX enjoys a user base of 42 million ahead of its anticipated airdrop. Eight days into November, the “Blum: All Crypto—One App” channel had already added one million new subscribers.
At the time of writing, Blum’s pre-market price is in the $0.003 to $0.004 range. At the beginning of November, the DEX announced an investment from The Open Platform (TOP), a venture builder in Telegram’s TON ecosystem. This investment included technical support in addition to funding, which was an undisclosed amount.
In September, Binance Labs, the venture capital and incubation arm of crypto exchange Binance,
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Author: Farah Ibrahim
