Bluzelle (BLZ)

Market Cap

$25,625,081 USD

Volume (24h)

$458,339 USD

3.9
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Bluzelle Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Bluzelle Volume Ratio Rank: 2/100

  • Market Cap

    The total cost of all coins available.

    Bluzelle Market Cap Rank: 93/100

  • 24h Change

    Is the price moving up or down?

    Bluzelle 24h Change Rank: 49/100

  • Social Following

    How many users are following this coin?

    Bluzelle Social Following Rank: 73/100

  • Google Trends

    How many users are searching for the coin?

    Bluzelle Google Trends Rank: 9/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Bluzelle Twitter Citation Rank: 52/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Bluzelle User Voting Rank: 92/100

Bluzelle investment analysis

Bluzelle is a decentralized storage application for the sharing economy deployed on the blockchain. Not only can developers tap into their network to acquire cheaper storage solutions than with commercial ventures, but casual users can also earn tokens by renting their unused hard drive space.

A solution such as this creates a large network which is both less susceptible to malicious attacks, and it is also much more affordable than enterprise solutions such as Amazon Web Services.

This platform actually has two tokens, one that allows access to application services, BLZ and one that providers and storage consumers will use called BNT. It's not totally clear why they have made two tokens, and how they will be connected.

While offering decentralized cloud services on the blockchain is a great concept, there are already many competitors in this particular field, and it will be an uphill battle for any blockchain project seeking market share here. Make sure to evaluate all of the relevant competitors in this sector before you decide to make a Bluzelle investment.

How to buy?
current price
$0.131991
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.

+447.2%
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.

$0.722265
Rankings

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

165/1643
by Safety
488/1643
by Profit
historical data

How to buy Bluzelle?

If you're looking to buy Bluzelle then you'll be very pleased to find that is is available for purchase on decent number of exchanges. Bitcoin and Ethereum are the highest volume trading pairs here, but there is also some liquidity available in the US Dollar Tether currency should you prefer to use that.

This is an ERC20 token which means that investors will be able to store it in any wallet that accepts Ethereum assets. If you're still looking for a wallet for this purpose then a few popular choices include Meta Mask, My Ether Wallet and the Coinomi mobile wallet for Android and iOS devices. As always, be sure to back up your wallet file or your wallet seed in a safe place in the event that you need to recover your wallet.