Blur Cryptocurrency Sees Surge in Interest and Staking Activity

One sentence summary – The Blur cryptocurrency has gained attention from large-scale investors and experienced a significant increase in Total Value Locked (TVL) due to a second airdrop and the introduction of the Ethereum L2 Blast, resulting in a surge in price and the staking of a significant number of tokens by whales.

At a glance

  • The Blur cryptocurrency has gained attention from large-scale investors known as whales.
  • The second airdrop and the introduction of the Ethereum L2 Blast by Blur’s founder have contributed to a 20,000% increase in Total Value Locked (TVL).
  • About 25 whales have purchased BLUR tokens since the second airdrop, resulting in a 90% price surge within a week.
  • The Blur NFT marketplace has implemented staking, with whales staking a total of 60.8 million BLUR tokens (equivalent to over $32 million).
  • The L2 network Blast launched by Blur has exceeded $300 million in TVL in just 4 days.

The details

The Blur cryptocurrency has recently been in the spotlight within the crypto community, particularly among large-scale investors known as whales.

This heightened interest is largely due to the second airdrop and the introduction of the Ethereum L2 Blast by Blur’s founder, Tieshun Roquerre.

These events have led to an impressive 20,000% increase in Total Value Locked (TVL).

On-chain data indicates that approximately 25 whales have bought BLUR tokens since the second airdrop.

This activity has resulted in a 90% surge in the price of BLUR within a week.

In addition, the Blur NFT marketplace has implemented staking, which has led to the accumulation and staking of a significant number of tokens.

At present, whales have staked a total of 60.8 million BLUR tokens, which is equivalent to over $32 million.

Recent data shows that two whales have withdrawn a total of 6.79 million BLUR tokens from crypto exchanges and staked them within the last 6 hours.

Moreover, the L2 network Blast, launched by Blur, has gained considerable traction, exceeding $300 million in TVL in just 4 days.

Currently, BLUR tokens worth $204 million are staked, with $87 million coming from airdrops, leaving only $88 million unstaked.

It’s important to note that the top 20 BLUR holders possess an astounding 2.81 billion tokens.

This amounts to approximately $1.75 billion, representing nearly 94% of the total supply.

A significant portion of BLUR tokens, totaling 337.6 million, are staked.

This accounts for 11.25% of the total supply and 30.64% of the circulating supply.

The recent listing of BLUR on Binance resulted in a 20% surge in its price, accumulating a total increase of 30% in a single day.

Currently, the BLUR token is valued at $0.62, with a 24-hour high of $0.638.

Despite trading volume only increasing by 6% in the past 24 hours, it appears that buying activity is primarily driven by whales.

It is expected that there may be fluctuations in the BLUR price in the upcoming days.

Furthermore, top addresses holding BLUR tokens may decide to sell their holdings in response to the listing on Binance.

This brief provides a comprehensive overview of all the available facts and information regarding the recent developments in the Blur cryptocurrency.

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– Blur has gained significant attention from the crypto community, particularly whales.
The second airdrop and the Ethereum L2 Blast by Blur founder Tieshun Roquerre have caused a spike of 20,000% in TVL.
– On-chain data shows that nearly 25 whales have purchased BLUR tokens since the second airdrop, leading to a 90% rally in the BLUR price in a week.
The Blur NFT marketplace introduced staking, and whales have accumulated and staked a total of 60.8 million BLUR tokens worth over $32 million.
In the past 6 hours, two whales withdrew a total of 6.79 million BLUR tokens from crypto exchanges and staked them.
The L2 network Blast launched by Blur has surpassed $300 million in TVL in just 4 days.
– $204 million BLUR tokens are staked, with $87 million coming from airdrops, and only $88 million are unstaked.
The top 20 BLUR holders account for 2.81 billion tokens worth $1.75 billion, which is nearly 94% of the total supply.
A total of 337.6 million BLUR tokens are staked, accounting for 11.25% of the total supply and 30.64% of the circulating supply.
The BLUR price rallied 20% after being listed on Binance, resulting in a total rally of 30% in a day.
The current price of BLUR is $0.62, with a 24-hour high of $0.638.
– Trading volume has only increased by 6% in the past 24 hours, suggesting that the buying activity is primarily driven by whales.
There may be volatility in the BLUR price in the coming days, and top addresses holding BLUR may sell their tokens in response to Binance’s listing.

 

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