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Cryptorank
MainNewsBlur Token U...

Blur Token Unlock Sparks Volatility as BLUR Price Drops 10%


Dec, 18, 2024
< 1 min read
by Maxwell Mutuma
for CoinEdition
Blur Faces Bearish Momentum as Token Unlocking Continues Key Price Levels to Watch
  • Blur’s monthly token unlocks contribute to bearish market pressure and price decline.
  • The price struggles at $0.35 resistance, with $0.32 support testing for stability.
  • Momentum indicators suggest Blur is nearing oversold conditions but remains bearish.

Blur, the decentralized NFT marketplace, saw significant market activity following its monthly token unlock. This month, 34.41 million BLUR tokens, worth about $11.06 million, were unlocked and transferred to Coinbase Prime.

Since the unlocking cycle began on June 15, 2023, roughly 31.6% of the total BLUR supply (949 million tokens) has entered Coinbase Prime. This equals $323.1 million at the current transfer value. This continuous token unlocking influences BLUR’s market behavior, which shows a downward trend.

The post Blur Token Unlock Sparks Volatility as BLUR Price Drops 10% appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Jumps Over 48% Volume as Trump Calls For Fed Chair Termination

Solana Jumps Over 48% Volume as Trump Calls For Fed Chair Termination

Solana (SOL) posted gains Monday, closing near $139.90 (+0.33% 24h) after a volatile ...
Apr, 21, 2025
< 1 min read
by CoinEdition
ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show

ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show

The crypto market shows signs of life today, led by Bitcoin climbing above $87,000. W...
Apr, 21, 2025
< 1 min read
by CoinEdition
MainNewsBlur Token U...

Blur Token Unlock Sparks Volatility as BLUR Price Drops 10%


Dec, 18, 2024
< 1 min read
by Maxwell Mutuma
for CoinEdition
Blur Faces Bearish Momentum as Token Unlocking Continues Key Price Levels to Watch
  • Blur’s monthly token unlocks contribute to bearish market pressure and price decline.
  • The price struggles at $0.35 resistance, with $0.32 support testing for stability.
  • Momentum indicators suggest Blur is nearing oversold conditions but remains bearish.

Blur, the decentralized NFT marketplace, saw significant market activity following its monthly token unlock. This month, 34.41 million BLUR tokens, worth about $11.06 million, were unlocked and transferred to Coinbase Prime.

Since the unlocking cycle began on June 15, 2023, roughly 31.6% of the total BLUR supply (949 million tokens) has entered Coinbase Prime. This equals $323.1 million at the current transfer value. This continuous token unlocking influences BLUR’s market behavior, which shows a downward trend.

The post Blur Token Unlock Sparks Volatility as BLUR Price Drops 10% appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Jumps Over 48% Volume as Trump Calls For Fed Chair Termination

Solana Jumps Over 48% Volume as Trump Calls For Fed Chair Termination

Solana (SOL) posted gains Monday, closing near $139.90 (+0.33% 24h) after a volatile ...
Apr, 21, 2025
< 1 min read
by CoinEdition
ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show

ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show

The crypto market shows signs of life today, led by Bitcoin climbing above $87,000. W...
Apr, 21, 2025
< 1 min read
by CoinEdition