Sui Eco-decentralized perpetual contract protocol Bluefin announced that BLUE tokens will be launched on Bluefin Spot DEX, with trading set to start at 18:00 UTC+8 on December 11.
Bluefin (BLUE) Trading Begins!
In addition to Bluefin, BLUE will also be available for trading on crypto exchange platforms including Gate, KuCoin, HashKey Global, MEXC, and HTX. However, it is not yet available for US traders.
Introducing BLUE – December 11, 2024. pic.twitter.com/BBvAycZlQq
— Bluefin (@bluefinapp) December 10, 2024
According to the official website, 19.68% of the total BLUE supply has been allocated to the Bluefin Airdrop program. Approximately 13.19% of the total supply will be distributed to early protocol participants who have earned historical points.
On November 29, Sui’s Bluefin opened airdrop inquiries, allocating 17.15% of the total tokens for airdrops. The airdrop targets include Bluefin’s existing participants, long-term community members, Sui Eco-communities such as Suilend, Hop, FUD, AAA, Jupiter, Aerodrome, Wormhole, Pyth, and Elixir, as well as other Solana and EVM cooperative communities. NFT communities such as Pudgy Penguins, MadLads, Azuki, and Studio Mirai are also included. The token distribution will be decided by each project.
Bluefin (BLUE) Market Trends
Bluefin’s native token, BLUE is currently trading at $0.0007168, following a surge of 6,830.4%. Its 24-hour market volume is currently resting at $7.55K with a total of 8 transactions. Moreover, BLUE has a market cap of $723.64K, a Fully Diluted Valuation (FDV) of $723.64K, and a liquidity pool of $17,044.39.
SUI Market Trends
As for SUI, it is currently exchanging hands at $3.68 after a dip of 2.22%. Its 24-hour market volume also saw a drop of 29.64% and is currently resting at $2.1 billion. It has a staggering market cap of $10.75 billion even with a fall of 2.32%.
Also Read: Bitwise Predicts Bitcoin Will Hit $200K; Also Shares ETH & SOL Outlook
