What next for Blur as 49M tokens get unlocked

More $BLUR tokens are now being put to an exchange as part of the ongoing unlocking of the tokens. How has the token fared in response to this new development, and which way has witnessed a stronger dominance in exchange movement in the last several days?

About 49.8 million #Blur tokens, worth about $23.2 million, were recently unlocked, according to data from Etherscan. These unlocked tokens were moved to Coinbase Prime after first being transferred from a multi-signature address.

485 million tokens, valued at roughly $226 million, have been unlocked and moved to #coinbase Prime since the unlocking process started.

The daily period chart indicates that the price movement has displayed a positive trend following the token unlocks. Based on current data, the chart displayed a significant increase in value of more than 7%.

At about $0.48, Blur was showing a 7.5% growth in value. Its Relative Strength Index (#RSI ) line has also risen as a result of the recent price increase. The RSI line was marginally over the 50-point barrier as of this writing, indicating a faint but obvious positive trend. #Cryptoniteuae