The Non-fungible token platform Blur, launched its native cryptocurrency this week, and customers who purchased token allocations got “care packages”. At midday, tokens began to be traded on February 14 – peaking at $5.02 per coin. Since then, the currency has dropped more than 85% against the US dollar.
BLUR Token Launch Sees 85% Decline On Day One of Trading
On Tuesday, February 14, 2023 Valentine’s Day, the Blur NFT market announced the launch of its tokens and an airdrop. Blur awarded “care packages” to customers who participated on the NFT market that was not competitive, should list NFTs on their transactions. Blur’s Market, and the people who took part in Blur’s Based on the award cycles.
“It’s time for BLUR” the market tweeted. “Care packages can be opened on February 14 at 12 pm EST, 1 am HKG, 6 pm CET. Please make sure the release announcement is coming from our official Blur.io account tomorrow and double check all URLs before claiming.”
BLUR began buying and selling, Kucoin being the most active exchange on Tuesday. The most popular trading pair, BLUR/USDT is the best. As at two:05 ET, BLUR was valued at approximately $176 Million and had a total trading volume of about $12 million. At 2:10 PM BLUR dropped to $0.458 per coin. Statistics show that there are approximately 360,000,000 BLUR tokens currently in circulation.
As of 2:10 PM (ET) on Tuesday, there were 8,798 addresses with BLUR tokens and there have been around 18,900 transfers. The Blur Market emerged as one of the many NFT marketplaces that is thriving in recent months. Opensea, the largest NFT market is in.
Likewise, Looksrare another NFT market was also considered with an airdrop of its token, LOOKS. However, volumes have declined. On February 3, 2013, at 2:33 Tuesday, BLUR rallied, and the price of a unit was $0.602.
