Binance placed BLUR - the token grew by 88% in a week
11/24/2023
On November 24 at 11:00 Kyiv time (12:00 Moscow time), the Binance crypto exchange opened trading in the NFT marketplace token Blur (BLUR) paired with Bitcoin, USDT and the Turkish lira.
Withdrawal of the asset will become available on the morning of November 25. The platform assigned BLUR the Seed Tag, which means a new project from the “Innovation Zone” and implies risks of high volatility.
The coin has seen strong growth over the past month, jumping from $0.16 in mid-October to $0.62 at the time of writing, according to CoinGecko. The weekly increase in BLUR quotes amounted to 88%
The positive dynamics of BLUR may be associated with the excitement around the second season of the marketplace airdrop, which ended on November 21.
Lookonchain analysts noted that after the coin distribution, 19 addresses bought a total of 51.3 million BLUR (~$21 million).
In addition, the price of the asset could be affected by the launch of the L2 native yield project Blast from the developers of the NFT platform. Within a few days, the total value of assets locked in the protocol reached $373 million. Blur’s figure is only $100 million.
