NFT marketplace Blur tokens raised more than
$500 million in trading volume in less than 24 hours since their highly publicized airdrop
.
NFT Marketplace Blur’s Token Reaches $500M Trading Volume
Airdrop is a distribution of a cryptocurrency token or coin for free in order to gain users.
ВLUR tokens were airdropped to users of the Вlur marketplace.
Token amount differed depending on the total activity, network volume, and transactions made by each user. Thereby, various tweets showed that users received from 25 ВLUR to hundreds of thousands of ВLUR. According to Blockchain data, there are 33,000 unique wallet holders of blur and the majority of these users are receiving the airdrop before likely transferring the tokens out to other wallets. It is worth noting that many traders sold their tokens right after receiving airdrops.
ВLUR Token
Initially, ВLUR tokens were listed at $1 on popular crypto exchange Coinbase, but afterwards fell to 48 cents on this Tuesday. CoinGecko’s reports show that over $530 million worth of $BLUR has been traded across different exchanges like OKX, Kucoin and Uniswap. DeFiLlama data reports that the total value of tokens on the Blur marketplace has increased by $10 million over the last 24 hours
Source
www.coindesk.com
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