BLUR Goes Parabolic Amid Potential Binance Listing

BLUR, the native token of non-fungible token (NFT) marketplace Blur is extending its parabolic run today amid broader crypto market consolidation moves. The token is up by 27.92% at the time of writing, extending its spot market valuation to $0.6322.

Timeline of Blur-token

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.

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 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.

Blur (BLUR) price went vertical on Wednesday, the native token of NFT marketplace Blur rising more than 35% in 24 hours to outpace top cryptocurrencies by market cap. At the time of writing, the price of BLUR was $0.228, its highest level since August.

OpenSea remains on the sidelines as Blur dominates NFTs trading volume on Ethereum. Although the general drop in interest has affected activity on Blur, its daily sales volume puts it ahead of OpenSea Across Ethereum-native NFTs marketplaces, Blur remains dominant as the NFT marketplace and aggregator, accounting for nearly 60% of all trading volume on the chain, Messari found in a new report.

BLUR has been on a significant bearish downward spiral for over a month. However, the launch of Blur's v2 marketplace could kickstart an uptick in trading volumes, which could translate to a bullish price reversal.

Blur (BLUR) is a cryptocurrency that got a lot of attention and popularity soon after it was released. However, according to recent data, 98.88% of BLUR holders are currently losing money.

In a significant development within the crypto community, the wallet address known as “0xD5eE” has made a noteworthy move by selling off a substantial amount of BLUR tokens. This wallet address had previously attracted attention due to its massive accumulation of BLUR tokens received through airdrops.

BLUR, the native token of the Blur NFT marketplace, saw a recent boost in its market price following a particular announcement. According to data by CoinMarketCap, BLUR has gained by 11.75% in the last 24 hours, emerging as one of the top gainers in today's market.