Bluzelle (BLZ) Coin: A Comprehensive Guide to the Decentralized Data Ecosystem

Bluzelle (BLZ) is an innovative decentralized storage network designed specifically for the creator economy. 

It combines edge computing with a decentralized database to ensure data integrity, high availability, and privacy for various decentralized applications (dApps), especially in gaming, NFTs, and finance. 

As the demand for decentralized storage solutions grows, Bluzelle is gaining momentum in the blockchain space.

Key Takeaways

• Bluzelle's Purpose: A decentralized storage and data solution focused on dApps.

• Strong Market Performance: With significant growth in its token price over the last 7 days.

• Available Exchanges: Tradeable on platforms like Binance, Kraken, and Bitget.

• Market Cap: Bluzelle has a $66.9 million market cap with a circulating supply of 440 million tokens.

What is Bluzelle (BLZ)?

Bluzelle is a decentralized database solution designed to enhance the efficiency of the decentralized ecosystem. 

As dApps increasingly demand secure, scalable, and high-availability storage solutions, Bluzelle offers a powerful alternative to traditional data storage. 

It enables users to store and manage their data securely across multiple nodes, thus decentralizing and protecting the information from attacks, downtime, and data breaches.

Bluzelle's Trading Performance

Bluzelle (BLZ) is actively traded on major centralized exchanges such as Binance, where its most popular trading pair is BLZ/USDT. Over the last 24 hours, the trading volume on Binance reached $2,278,612. 

Other exchanges like Kraken and Bitget also feature Bluzelle for trading.

The token has shown strong market activity with a 32.3% price increase over the last seven days, significantly outperforming the overall cryptocurrency market, which has risen by just 7.4%. 

In comparison to other Ethereum-based cryptocurrencies, Bluzelle has been a strong performer, outpacing a 12.7% average increase among its peers.

Bluzelle's Price History

• All-Time High: $0.7831 (recorded on February 10, 2018).

• All-Time Low: $0.006549 (recorded on March 13, 2020).

• Current Price: Approximately 80.5% lower than its all-time high, yet 2,231.06% higher than its all-time low, indicating resilience in market recovery and growth potential.

How to Buy and Trade Bluzelle (BLZ)

Bluzelle can be purchased on several exchanges, with Binance being the most active platform for BLZ trading. 

It can be traded against major cryptocurrencies such as USDT (Tether). Additionally, Kraken and Bitget are popular alternatives for acquiring and trading BLZ.

Adding Bluzelle (BLZ) to MetaMask

For those who prefer decentralized trading or want to manage their BLZ tokens on MetaMask, adding the token is simple. By copying Bluzelle’s contract address (0x5732046a883704404f284ce41ffadd5b007fd668) and manually importing it, users can easily integrate BLZ into their MetaMask wallets.

Market Cap and Valuation

Bluzelle boasts a market capitalization of $66.9 million, ranking it at #559 on CoinGecko. Its fully diluted valuation (FDV) stands at $76.48 million, assuming all 500 million BLZ tokens enter circulation. As of today, 440 million tokens are tradable on the open market.

Conclusion

Bluzelle (BLZ) is positioned as a critical player in the decentralized storage market, offering robust solutions to the growing demands of dApps. Its recent price performance and increasing adoption within the crypto ecosystem highlight its potential as a promising token. 

As more platforms and users look to decentralized solutions, Bluzelle’s role is likely to expand, especially with its October 2024 airdrop listing dates attracting even more attention.

FAQ

What is Bluzelle? 

Bluzelle is a decentralized storage network built to serve decentralized applications (dApps) with high-performance, secure, and scalable data storage solutions.

Where can I buy Bluzelle (BLZ)? 

You can buy Bluzelle on popular exchanges like Binance, Kraken, and Bitget.

What is the highest price of Bluzelle? 

Bluzelle reached its all-time high of $0.7831 on February 10, 2018.

What is Bluzelle's market cap? 

Bluzelle has a market cap of $66.9 million, with a circulating supply of 440 million BLZ tokens.