Pricing in NFT Marketplace blur blur
-4.42%
The native eponymous token has doubled over the past three days following a recent airdrop and Binance listing.
According to The Block’s pricing page, the token has risen from $0.31 on November 21st to $0.63 currently. The token price also rose 150% compared to last month.
Blur’s price rose after news of the airdrop and Binance listing. Image: The Block’s pricing page.
Blur’s Season 2 rewards program, designed to incentivize usage, ended on November 21. This airdrop aimed to reward those who utilized the Blur Marketplace from May to November, with tokens allocated based on transaction volume and Blur token usage period. It was held. Users are given 45 days to request tokens.
So far, 43,000 users have claimed 269 million tokens ($169 million), according to the Dune dashboard. This represents 87% of the total number of claimable tokens. Most tokens were claimed in the first few hours after the airdrop began.
Claim millions of tokens
Three users claimed over 10 million tokens ($6.3 million) each, with one of them (ENS name hanwe.eth) winning 22 million tokens ($13 million). An anonymous cryptocurrency individual known as Machi Big Brother demanded 6 million tokens ($3.8 million).
This morning, Binance announced that Blur will be listed and trading will begin a few hours later. This corresponds to an immediate increase in the token price.
Another factor also comes into play. The team announced that individuals who stake Blur tokens in Season 3 will be awarded points, which will determine the quantity of modified tokens they will receive on the planned network, known as Blast. These tokens will be airdropped at the end of Season 3, which will significantly increase users’ staking.
Other cryptocurrency tokens also rose after the recent airdrop. The price of Celestia (TIA) has more than tripled since the initial token launch airdrop earlier this month. Likewise, the price of Pyth Network (Pyth) has risen approximately 70% since the token launch airdrop on November 20th.
Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blur.
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