Is This Altcoin Slowly Dying? No Word from the Founder in Months

According to DeFiLlama data, the total value locked (TVL) of Ethereum Layer 2 network Blast (BLAST) has dropped to approximately $67 million. Blast peaked at $2.2 billion in TVL in June 2024. This represents a decline of approximately 97% for the project. Another striking point is that both the official Blast account and founder Pacman's Twitter account have not posted anything for more than three months. Related News: BREAKING: Coinbase Lists Anticipated Memecoin The BLAST altcoin has lost 16.79% of its value in the last week, falling to $0.002597. The token has fallen 99.5% since its $0.5223 high on June 26, 2024. Chart showing the decline in BLAST price over the past week. At the time of writing, BLAST's total market capitalization is around $114 million, up from over $400 million at launch. Currently, there are approximately 44 billion BLAST tokens in circulation, out of a maximum supply of 100 billion. Interestingly, the token is not traded on Binance, despite being listed on Coinbase and Bybit. *This is not investment advice. Continue Reading: Is This Altcoin Slowly Dying? No Word from the Founder in Months