NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
The Blur non-fungible token (NFT) market place 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. dollar. BLUR Token Launch Records an 85% Drop on Its First Day of Trading On Tuesday, Feb. 14, 2023, which is Valentine’s Day, the NFT market place Blur announced the launch of its token and airdrop. Blur gave away “care packages” to users who conducted trades on a competing NFT market, listed NFTs on the Blur market place , and those who participated in Blur market bidding, according to the allotment cycles. “It’s time for BLUR,” the market tweeted the day prior. “Care Packages can be opened on Feb 14 at 12PM EST, 1AM HKG, 6PM CET. Make sure the launch announcement comes from our official Blur.io account tomorrow and doub...