NFT Marketplace Blur's Token Reaches $500M Trading Volume After Airdrop

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NFT Marketplace Blur's Token Reaches $500M Trading Volume After Airdrop
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Blockchain data shows there are over 33,000 unique wallet holders of Blur tokens after the airdrop. By shauryamalwa.

Tokens of NFT marketplace Blur have already amassed over $500 million in trading volume in less than 24 hours since their much-hyped airdrop.

BLUR tokens were airdropped to users of the Blur marketplace, with the airdrop amount depending on the total activity, network volume, and transactions made by each user on the platform.. Blockchain tool Etherscan further shows users received as little as 25 BLUR to hundreds of thousands of BLUR. Some traders sold the tokens en masse after receiving the airdrop. The tokens were initially listed at $1 on crypto exchange Coinbase, but fell to as low as 48 cents late on Tuesday. However, Asian hours on Wednesday saw buying pressure and the tokens rose to 72 cents as of writing time.

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