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NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News

The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S.

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NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend

Cumulative nonfungible token (NFT) trading volume trended higher in January, and data from a recent Delphi Digital report showed monthly volumes reaching an eight-month high above $1 billion.The key factor that influenced NFT trading was the Blur token airdrop on Feb. 14. Since its launch last year in Q3 2022,

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