Blur, an NFT marketplace backed by veteran crypto investor Paradigm, has attracted significant traders’ attention one week after launching. Blur’s native token, BLUR, has recorded a spike in trading volume to about $439 million during the past week. However, the underlying value of the BLUR tokens has declined by nearly 76 percent.
The spike in trading volume has seen Blur marketplace surpasses OpenSea’s daily traded amount. Nonetheless, some analysts argue the company could facilitate wash trading to spike NFT traded volume.
Source: https://coinpedia.org/altcoin/blur-price-prediction-will-blur-token-price-hit-1-5-by-this-weekend/