Blast Token Price Prediction: Is This Token Ready to Explode

Blast airdrop disappoints with unexpected delivery method

• The highly anticipated #Blast airdrop, linked to the Ethereum layer-2 network, was launched on Wednesday morning.

• BLAST tokens debuted at around $0.02000, with the 17 billion tokens in the first phase of the airdrop valued at approximately $430 million.

• The price of $BLAST surged over 40% to reach $0.02800 in the early morning.

•  This surge was followed by a rapid decline to approximately $0.02000, reducing the total value of the tokens reserved for users to $289 million.

• The price sharply dropped due to unmet expectations and early investors quickly taking profits.

• Buyers supported the price around $0.02000, resulting in a rebound above $0.02500.

• According to Coingabbar analysis, Maintaining levels above $0.0250 and surpassing the resistance at $0.0280 could indicate the potential for reaching new peak prices.

• If unable to maintain levels above $0.0200, the potential exists for further declines towards lower support levels.

KEY LEVELS :

RESISTANCE LEVEL : $0.028000-$0.035000

SUPPORT LEVEL : $0.020000-$0.015000

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