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This is the second token unlock event, following the pattern seen with Injective (INJ), as reported by Todayq News. Historically, these token unlock events have often led to significant increases in the token's price.
Cryptocurrency enthusiasts and traders were taken by surprise as unusual trading volumes were observed on Upbit, South Korea's largest and the world's second-largest cryptocurrency exchange. Several altcoins, including Aptos (APT), Ontology (ONT), IOST (IOST), Blur (BLUR), and Dogecoin (DOGE), experienced significant fluctuations in their trading volumes, sparking intrigue and speculation within the crypto community.
The Blur token price has displayed a significant jump in its valuation by adding over 24% to its portfolio within the past 24 hours, making it one of the top gainers of the day in the crypto industry. The BLUR token price traded in a closed range between $0.4316 and $0.
In the same month, Blur (BLUR) tokens became available, and many were moved to Coinbase Prime. Despite this, BLUR kept a positive trend.
These cryptos to sell are on a path that will lead to value destruction, which is why investors should avoid them.
It was a bumpy, yet transformative year for NFTs and on-chain media across Ethereum, Bitcoin, and beyond. Here's a look back.
As 2023 draws to a close, Blur continues to dominate OpenSea in terms of NFT trading volume.
Recently, there was a significant unlocking of BLUR tokens, with over 49 million units, valued at approximately $23.2 million, released into the market. This process adds to a series of previous unlocks, totaling the transfer of 485 million tokens, equivalent to about $226 million, to Coinbase Prime.
The unlocking of Blur tokens is an ongoing process, and the latest unlock has seen a significant portion of the tokens being transferred to a cryptocurrency exchange. In light of this recent development, it's crucial to observe how the token has performed and identify the predominant direction in exchange flow over the past few days.
There was an almost balanced exchange flow for Blur as it witnessed yet another unlocking event.
OKX's non-fungible token (NFT) platform has outperformed prominent rivals like OpenSea, Blur, and Magic Eden in terms of 24-hour trading volume.
The daily trading volume of the OKX non-fungible tokens (NFT) marketplace has surpassed market leaders Blur and Magic Eden. On Dec. 18, the trading platform's indicator was $45.
OKX NFT recorded a 24-hour trading volume of $50 million on Dec. 18, surpassing its competitors in the NFT space.
NFT daily trading volume exceeded $50 million on OKX, compared to Blur's $13.2 million and OpenSea's $3.3 million, DappRadar data showed.
BLUR's price declined by almost 10% on 7th December. This was due to increased sell-offs by the token whales and institutional investors.
Blur, a decentralized non-fungible token (NFT) marketplace, and OpenSea competitor is under pressure, tumbling by over 30% from its November peaks. While BLUR retreats, on-chain data reveals that BLUR whales have been moving their tokens to leading crypto exchanges, possibly to liquidate.
In the November NFT update, the market saw Blur outpace competitors, while the trading volume soared, despite a shrinking pool of buyers. Coincu News
BLUR ranked second on the list of top NFT projects by social activity. BLUR was down by over 3% in the last 24 hours, and metrics looked bearish.
The Blur NFT Marketplace has experienced a remarkable surge, claiming 80% market share and eclipsing the once-dominant legacy of OpenSea.
The NFT market has seen a spike in activity over the past month, with the majority of the increased trading volume occurring on Blur.
The broader cryptocurrency market has been on a strong upward trend this year, but the non-fungible tokens (NFTs) market hasn't quite kept up.
Blur upended OpenSea's NFT marketplace dominance by focusing on big traders. Its cofounder, Pacman, who doxxed himself to face its burgeoning community, earns a spot on the Most Influential 2023.
In a fascinating turn of events within the crypto sphere, the rise of the Blur NFT marketplace has signaled a significant power shift, eclipsing the once-dominant OpenSea and altering the dynamics of the burgeoning non-fungible tokens (NFTs) landscape. This transformative shift not only underscores the evolving trends but also hints at the potential future trajectory of digital asset markets.
While the broader cryptocurrency market has registered a strong bull run this year, the non-fungible tokens market has lagged behind majorly. On the other hand, once dominant players like OpenSea have been losing ground to new players like the Blur NFT marketplace.
