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In a surprising turn of events within the cryptocurrency realm, an anonymous nonfungible token (NFT) trader has made headlines by reaping substantial rewards from the season 2 airdrop of the Blur token. The enigmatic figure, who goes by the Ethereum Name Service (ENS) tag “hanwe.eth,” managed to amass an eye-watering 22,851,000 Blur (BLUR) tokens during the latest reward distribution orchestrated by the NFT marketplace Blur.

The BLUR price has increased swiftly since October, culminating with a high of $0.54 today.

NFT marketplace Blur allocated a total reward pool of 300 million tokens, worth around $146 million, for traders who use their platform.

The native token of Blur non-fungible token (NFT) marketplace, BLUR, has emerged as the top gainer among the top 100 cryptocurrencies. BLUR is up by 20% in the past 24 hours and is trading at $0.

Following the news of charges against Changpeng Zhao (CZ), ex-CEO of the Binance exchange, the crypto market experienced a bearish trend for two days. Positively, the market has recorded a strong uptrend today as it added over 2.5% in value within the past day.

Whale activity around BLUR remained high as they bought more tokens. A few market indicators hinted at a trend reversal.

Over 300 million Blur tokens were airdropped to conclude season two. BLUR has surged by over 20% in the aftermath of the airdrop.

Amid a cryptocurrency market that has experienced a bearish trend, one token in particular has defied expectations by standing out with a significant increase in its value.

Observers highlight a noteworthy buying spree, with 19 addresses collectively acquiring 51.3 million BLUR tokens, equating to a remarkable $21 million investment in the asset. A Closer Look at Post-Airdrop Dynamics and Market Response A closer analysis of the technical charts reveals the dynamics behind this surge.

The cryptocurrency market is buzzing with the news of Blur, which has recently experienced a massive 30% surge in price. This sudden pump in valuation is closely linked to the aftermath of the Season 2 airdrop.

One JPEG flipper saw millions of dollars in rewards from Blur's Season 2 airdrop. Now the marketplace is teasing its own Ethereum layer-2 network, Blast.

Blur (BLUR) NFT marketplace founder Pacman has launched a new Ethereum (ETH) layer-2 network, Blast, designed to enable its users to earn “native yields.” In a Nov. 20 statement, the protocol explained how its novel approach differentiates it from other layer-2 networks.

Blast claims to offer native Layer 2 yield generation for ether and stablecoins and has attracted over $30 million in bridged assets so far.

Additionally, Blur founder Tieshun Roquerre raised $40 million to contribute to the Blur ecosystem.

The market participants have turned optimistic about the crypto markets nowadays. Interestingly, a small shift of focus is witnessed from the star crypto, Bitcoin, which is more or less stagnant.

The crypto prices today were mixed in the early trading session on Tuesday, November 7, as seen by the price fluctuations in many of the major cryptos. However, the broader market has shown resilience despite a decline in the Bitcoin price, suggesting that the investors might be shifting their focus on the altcoins.

A widely followed analyst is urging caution on a multi-billion dollar crypto asset as it hovers above a key support level.

Spotting a bot mimicking his trades, Hanwe Chang used the strategy against its owner to earn a huge premium.

Bitcoin is up modestly in the past 24 hours but a number of alts are surging.

A series of decentralized finance and NFT-related altcoins have posted double-digit gains over the past week as capital begins to flow from larger assets like bitcoin (BTC) and ether (ETH) to more speculative bets like blur (BLUR) and arbitrum (ARB).

Crypto News: The global digital asset market is set to witness several major crypto unlocking events throughout June 2023 after trying to end May on a higher note. Projects like Blur (BLUR), 1inch Network (1INCH), Hedera (HBAR), and more are scheduled to add more tokens to their circulating supply.

Blur's new NFT lending protocol Blend attracts vast majority of users. Overall interest in Ethereum NFTs begins to rise, contributing to the growing daily activity on the network.

Blur's peer-to-peer perpetual non-fungible lending protocol Blend, focused on NFTs, has seen massive growth since inception, with the protocol's loan volume hitting close to 170,000 in under 30 days.

Binance has released an innovative NFT lending features that rivals Blur.