Bloom (BLT)

Market Cap

$5,188,543 USD

Volume (24h)

$40,397 USD

3.8
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Bloom Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Bloom Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Bloom Market Cap Rank: 78/100

  • 24h Change

    Is the price moving up or down?

    Bloom 24h Change Rank: 49/100

  • Social Following

    How many users are following this coin?

    Bloom Social Following Rank: 79/100

  • Google Trends

    How many users are searching for the coin?

    Bloom Google Trends Rank: 20/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Bloom Twitter Citation Rank: 47/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Bloom User Voting Rank: 84/100

Bloom investment analysis

This fascinating cryptocurrency project actually offers a safe and secure way to store identity information on the blockchain. Being able to reliably verify the identity of users is actually a large pain point for financial institutions.

This process is often very labor intensive, and it comes with a huge burden of responsibility to governments who place the need for these corporations to be more or less watchdogs for money laundering or other suspicious activity which could be criminal.

This system also provides massive boons for consumers. More and more people are becoming victims of identity theft every year. The software behind BLT’s system will not only allow for faster and more accurate verification of users, but it will also allow them to be in control of that data.

They will be able to apply for lines of credit, even across borders, without actually needing to hand that private information over to other parties. This provides a new layer of protection against fraud that will be unlike anything we have yet seen. If that sounds interesting to you, then you may be interested in making a Bloom investment.

current price
$0.108407
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

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Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

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Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

historical data

How to buy Bloom?

Investors can buy Bloom on a good number of investments, including a few nice high volume options. There’s also excellent trading volume here, and you should have no trouble at all executing a trading. Unfortunately, the liquidity is not very evenly distributed between the trading pairs. Bitcoin seems to be holding a huge portion of this, and while you can attempt to make a trade using Ethereum, you likely will be paying a premium for the privilege.

This is an ERC20 token, and that means that investors in need of a safe place to keep their tokens will need to hunt down a compatible Ethereum wallet. The good news is that this is the most popular method of distributing tokens, and that means that there’s lots of options available which potential investors can use to store their investments safely. After choosing an appropriate wallet, be sure to write down your seed phrase, as this is the only way to restore access to your funds should your host device become compromised in some way.