↘ BLUR Coin's Rise Amid Controversy, Competition, and Airdrop Bonanza
BLUR Coin , a popular cryptocurrency connected with digital assets such as non-fungible tokens (NFTs), has generated buzz in the market recently....
The recent performance of Blur Coin informs us of its prevalence in the cryptocurrency market. BLUR, originally dominating the NFT trading arena, now contends with contenders like Magic Eden and OpenSea according to CoinGecko analysis. However, despite the coin's remarkable volume in the NFT marketplace ($1.5 billion in Q1), its price experienced plunge and fluctuations, accruing notable losses for whale investors.
A massive 33.41 Million BLUR Tokens transfer to Coinbase Prime ensued, following an unlock. Still, the BLUR Price Analysis in 2024 anticipates increased potential, despite bearish pressure at $0.783 and a 7% fall due to a mass token transfer by Machi Big Brother to Binance.
Following Binance listing, BLUR token witnessed a surge of 22%, leading to increased optimism in the market. There is speculation around an imminent price rally despite a foreseeable 50 million unlock and after a transfer of 534.74M total locks since June. Correct predictions could result in the price hitting $1 soon.
Meanwhile, there remains discussion about BLUR's transparency and legitimacy, with speculations of Ponzi schemes and security concerns.
Despite the challenges, BLUR maintained its footing with a 30% increase following the Binance listing announcement and a 50% 7-day rally, pushing Blur into the crypto top 100.
BLUR Coin News Analytics from Thu, 20 Oct 2022 07:00:00 GMT to Wed, 04 Sep 2024 11:59:06 GMT - Rating 3 - Innovation 2 - Information 6 - Rumor -3
