What Is BlastUP (BLP) Coin: Everything You Need To Know About It

BlastUP, known as the premier launchpad on Blast, has confirmed its robust utility by successfully launching its first IDOs. As its presale nears completion, it continues to garner significant attention from crypto enthusiasts.

The ongoing presale of BlastUP is a huge success, more than $7 million raised so far. Many crypto experts regard the BlastUP token as a hidden crypto gem that can skyrocket 1000% by the end of this year.

Then, what is BlastUP (BLP) Coin? Is it a good investment in 2024? Let’s take a close look at this cryptocurrencies.

 

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Table of Contents

What is BlastUP?

What is the BLP Token?

BLP Tokenomics

Factors Affecting the Price of the BlastUP (BLP)

BlastUP Presale

BlastUP Staking

BlastUP (BLP) Price Prediction

Is BlastUP (BLP) a Good Investment in 2024?

How to Buy BLP Token?

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What is BlastUP?

BlastUP is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins. As a community backed and trusted launchpad for early-stage projects within the Blast Ecosystem, BlastUP allows teams to raise capital in a decentralized, safe, user-friendly environment and Community Incentives Program.

Witha a mission of “Grow faster, earn more”, BlastUP brings together the interests of participants and projects. With great emphasis on transparency, BlastUP is dedicated to making a public process of strategic decisions, actions, and events.

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What is the BLP Token?

BLP is a native token of BlastUP which serves as the cornerstone of its ecosystem. This token provides a robust framework for financial transactions and enhances user engagement through staking.

Additionally, BLP supports seed staking, allowing token holders to earn interest and gain exclusive loyalty rewards for participating in Initial DEX Offerings (IDOs). Holders of the BlastUP Token also receive allocated portions of token sales from projects launched on the platform.

This community-driven approach ensures active holder involvement in the platform’s development.

The utilities of BLP tokens include:

• Access to tiered IDO launches on BlastUP.
• The ability to stake BlastUP tokens to earn rewards.
• A buy-back mechanism for BlastUP tokens.

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BLP Tokenomics

The allocation of BLP tokens is designed to ensure sustainable growth and utility within the BlastUP ecosystem. A significant portion of tokens is reserved for providing incentives to the platform users which promotes active participation and long-term engagement. Another portion is allocated to the team and advisors, subject to vesting periods to align their interests with the long-term success of the platform.

The detail information about BLP Tokenomics sets as below:

Total supply: 1,000,000,000 BLP

Average Pre-Sale price: $0.06

DEX listing price: $0.1

Allocation

Allocation	%	Amount
Private round sale	5%	50,000,000
Pre-Sale	20%	200,000,000
Public sale	2%	20,000,000
Liquidity	8%	80,000,000
Airdrop & Rewards	5%	50,000,000
Staking Program	10%	100,000,000
Team & Advisors	18%	180,000,000
Marketing	8%	80,000,000
Reserve	24%	240,000,000
Total	100%	1,000,000,000

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Factors Affecting the Price of the BlastUP (BLP)

As a kind of cryptocurrency, BlastUP (BLP) can easily be affected by many external factors. Among them, the major factors we need to pay great attention to include:

Social Media and Community: BlastUp has made full use of social media networks to build excitement and increase demand for their currency. With a strong social media presence, more investors are drawn to the platform and its token.

CEX and DEX listings: when new crypto tokens and coins are listed on DEXs and CEXs they’re exposure to crypto enthusiasts goes through the roof. That’s why when $BLP lists on popular exchanges it’s market price will be in the hands of the wider market.

BlastUP Presale

BlastUP, currently in its presale phase, has already demonstrated its practical value by successfully launching two IDOs. BlastUP has been getting a lot of attention lately thanks to its huge success made in ongoing presale.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

BlastUP’s presale has 10 steps with a specified amount of tokens planned for sale at each stage. With each new stage, the token price will increase.

The ongoing presale of BLP tokens highlights their potential as a smart investment. Market analysts suggest that while $BLP’s fair price could be as high as $10, it is currently available for under 10 cents — a promising prospect for ROI up to 1000%.

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BlastUP Staking

Staking is the process of participating in the development of the BlastUP launchpad, where a user locks a certain amount of BLASTUP/LockedBLASTUP tokens.

In return for participating in staking, the user receives:

• Rewards in the form of new BLASTUP/LockedBLASTUP tokens
• Rewards in the form of Booster Points
• The opportunity to participate in purchasing tokens of projects on the launchpad

BlastUP (BLP) holders can choose one of three pools with different durations and rewards for staking:

• 3 months – reward 6% APR
• 6 months – reward 9% APR
• 12 months – reward 12% APR

Terms and Conditions for BlastUP (BLP) staking

• The minimum amount for staking is 2000 BLASTUP tokens.
• Funds cannot be withdrawn from staking until the selected pool’s duration expires. At the end of the staking period, the user can withdraw their staked funds by clicking on “Unstake”.
• Users may not wait until the end of the staking period and deposit additional funds into the pool. However, in this case, the staking period will be extended.
• The user earns rewards linearly, and they can withdraw a portion of their rewards at any time by clicking on “Claim Reward”.

BlastUP (BLP) Price Prediction

BlastUP (BLP) Price Prediction 2024

With the great success it made in its ongoing sales and its upcoming listings on major exchanges, BLP is predicted to increase significantly in 2024. Besides, considering the peak of the bull market still to come following the Ethereum ETF approval, it is expected to see the price of $BLP appreciate significantly through the rest of the year, predicting a potential low price of $0.12 and a potential high price of $0.35 by the end of 2024.

BlastUP (BLP) Price Prediction 2025

Looking ahead to the year 2025, it is reasonable to state that many market analysts are optimistic about the cryptocurrency sector’s momentum and potential with some experts forecasting Bitcoin reaching $200,000 by September 2025. This bullish prediction has the potential to influence other cryptos, including new altcoins such as $BLP. Taking all factors into consideration, it is expected for BLP to see a potential low price of $0.40 and a potential high price of $0.75 by the end of 2025.

BlastUP (BLP) Price Prediction 2030

In terms of long-term price prediction for BLP, we still are very confident in the ture outlook about this coin. If Blast can continue to develop their dApp launchpad there is every reason to expect the project to really take off with widespread adoption. Should this be the case we anticipate a potential low price of $1.10 and a potential high price of $1.50 by the end of 2030.

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Is BlastUP (BLP) a Good Investment in 2024? 

Judging from its current huge success made in presale, BlastUP (BLP) is certainly a good investment in 2024. By harnessing the power of AI and Web3 technologies, combined with a strong commitment to security and community engagement, BlastUP provides an unmatched platform for crypto startups.

Although BlastUP has rapidly emerged as a transformative player in the cryptocurrency launchpad arena, there are still risks relating to this investment. Whether it is a good investment is highly depends on traders’ investment preference and risk tolerance, all investors are advised to do profound research and stay well-informed before making any investment decision regarding  BlastUP (BLP).

How to Buy BLP Token?

Under presale stage, BLP tokens are not available on a decentralized exchange, but they can be bought on the blastup.io only. The purchase of BLP tokens is available with ETH, MATIC, USDT, BNB, or fiat money via a bank card.

To buy BLP tokens, a user needs to connect their wallet through the “Connect Wallet” option on the website, using one of available networks. Then it is necessary to specify the amount they wish to exchange for $BLP Tokens. Upon clicking “Buy Now,” the transaction must be approved in the wallet. After completion, the acquisition of $BLP Tokens can be verified in the “Your Holdings” section of the website.

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