{"id":200002,"date":"2023-11-24T19:55:33","date_gmt":"2023-11-24T14:25:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=200002"},"modified":"2023-11-24T19:55:33","modified_gmt":"2023-11-24T14:25:33","slug":"blur-accumulation-surges-after-binance-listing-price-jumps-97-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/blur-accumulation-surges-after-binance-listing-price-jumps-97-crypto-news\/","title":{"rendered":"BLUR Accumulation Surges After Binance Listing, Price Jumps 97% – Crypto News"},"content":{"rendered":"

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In one of the largest Airdrops ever, BLUR the native token of NFT Marketplace Blur has seen massive accumulation summing up to hundreds of millions.<\/p>\n

As per Lookonchain data, Hanwe.eth, the top recipient of Season 2 airdrop, deposited $6.2 million in $BLUR to Bybit and Coinbase. This follows hanwe.eth\u2019s complete deposit of 22.85 million $BLUR from the airdrop, is expected to yield around $12.3 million after selling.<\/p>\n

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Blur\u2019s end-of-season airdrop is one of the techniques it uses to entice traders to use its platform. At the end of each season, Blur pays those who traded NFTs<\/a> on the site.<\/p>\n

276 Mln BLUR Tokens Are Already Claimed<\/h2>\n

According to reports, approximately 38,000 addresses have already collected their BLUR tokens, totaling 267 million claimed tokens. Some got in millions while some came out with only a handful of profits, suggesting an increasing BLUR accumulation among the investors.<\/p>\n

In another update, the user name SigilFund has reallocated its portfolio, opting to sell BLUR in favor of acquiring LDO and IMX. The fund executed a significant deposit of 1.55 million BLUR ($968K). SigilFund made subsequent withdrawals, including 807,799 IMX ($1.14 million) and 210,905 LDO ($540K).<\/p>\n

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However, the incentives are determined by the activities of users on the NFT trading platform. Blur allocated a total prize pool of 300 million tokens worth $146 million at current BLUR prices in the most recent airdrop<\/a>.<\/p>\n

According to DappRadar, Blur exceeded OpenSea in daily Ether trading volume earlier this year. On February 18, OpenSea was prompted to introduce a 0% price structure to reclaim its user base from new competition.<\/p>\n

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Also Read: KyberSwap Proposes 10% Bounty Following $50 Mln Hack<\/a><\/strong><\/p>\n

BLUR Token Jumps 97% Weekly<\/h2>\n

BLUR has seen significant double-digit growth in the week leading up to an announcement by Binance, the world\u2019s largest cryptocurrency<\/a> exchange, about listing the asset.<\/p>\n

Previously, crypto aficionados lauded BLUR\u2019s growth as \u201ccrazy,\u201d as the project\u2019s team just released 300 million tokens into circulation, bringing the project\u2019s total circulating supply to more than 1.1 billion.<\/p>\n

Despite the NFT dump, Blur (BLUR) was trading at $0.621322 with a 24-hour trading volume of $47 million. This reflects a price increase of 18.48% in the previous 24 hours and a price increase of 97.26% in the last 7 days. Blur has a market valuation of $68 million and a circulation supply of 1.1 billion BLUR.<\/p>\n

Also Read:\u00a0Binance To List Blur (BLUR) Token As BLUR Price Surges 30%<\/a><\/strong><\/p>\n

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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In one of the largest Airdrops ever, BLUR the native token of NFT Marketplace Blur has seen massive accumulation summing up to hundreds of millions. As per Lookonchain data, Hanwe.eth, the top recipient of Season 2 airdrop, deposited $6.2 million in $BLUR to Bybit and Coinbase. This follows hanwe.eth\u2019s complete deposit of 22.85 million $BLUR […]<\/p>\n","protected":false},"author":2,"featured_media":200003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-200002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/200002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=200002"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/200002\/revisions"}],"predecessor-version":[{"id":200005,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/200002\/revisions\/200005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/200003"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=200002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=200002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=200002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}