Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»The Ethereum NFT market fell as concerns were raised over Blur farming plans.
EXCHANGE NEWS

The Ethereum NFT market fell as concerns were raised over Blur farming plans.

By Crypto FlexsJune 19, 20241 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The Ethereum NFT market fell as concerns were raised over Blur farming plans.
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum-based NFT collectibles like Pudgy Penguins and Bored Ape Yacht Club are on the decline after Blur farmers voiced their opinions.

The scenario appears to be no different in the case of competitions. For example, DeGods are down 32%, while Azuki is down around 15%. CryptoPunks is also down 13%, reminiscent of where it was trading at the end of last year.

NFT marketplace Blur took part in an airdrop farming scheme that brought users in for rewards, which was removed and boosted by Blast. According to traders, this will be similar to the upcoming token belonging to the Blast layer 2 network. It is scheduled for June 26, 2024.

Blur users will be given the opportunity to earn points through an NFT bidding process while providing lending liquidity through the Blend protocol. The incentive scheme introduced by Blur was mired in controversy because liquidity did not indicate real demand, alienating prospective collectors.

Recently, more than $16 million was withdrawn from the Blur bidding pool, representing a fifth of the accessible buy-side liquidity.

Major Blur farmer CBB0FE is responsible for the massive withdrawal. We have collected over 3 million points.

follow us

google news

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

The Senate encryption bill adds a provision for treating tokenized stocks as securities.

September 7, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The Senate encryption bill adds a provision for treating tokenized stocks as securities.

September 7, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025
Most Popular

BTC Price Soars Despite SEC Delaying Some ETF Decisions – Blockchain News, Opinion, TV & Jobs

November 30, 2023

BNB Chain Pioneers AI and Web3 Integration in Gaming

November 30, 2024

DeFi Protocol Convergence Suffered Massive Hack, CVG Token Crashed

August 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.