After
$BLUR was added to Binance's monitoring list, the short-term pressure logic is quite clear: a mandatory risk awareness test every 90 days, while seemingly low-threshold, directly filters out passive holders and low-frequency users, impacting on-chain liquidity and trading depth.
The data also illustrates this: the current price is $0.01505, with a 24-hour trading volume of $14.64 million, leaving a market capitalization of only $42.69 million. This is a typical case of "trading volume exceeding market capitalization," indicating that the turnover is concentrated among short-term speculators, and long-term holders lack confidence.
My personal judgment is twofold:
1) The monitoring label itself is not delisting. Blur, as a leading protocol in the NFT trading sector, has not immediately deteriorated in its fundamentals;
2) However, the risk testing mechanism will prolong the pace of new buying, making a bottoming-out rather than a V-shaped rebound more likely in the short term.
Operationally, I prefer to wait until the 90-day testing cycle is completed and observe whether the active addresses stabilize before considering a left-side move, rather than blindly following compliance downturns. The recovery pace of the NFT sector is inherently slower than the mainstream narrative.
#Blur #NFT #BinanceMonitoring