{"id":338548,"date":"2023-08-26T20:00:50","date_gmt":"2023-08-26T14:30:50","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=338548"},"modified":"2023-08-26T12:29:42","modified_gmt":"2023-08-26T06:59:42","slug":"blur-fares-well-against-opensea-even-as-its-token-bleeds","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/blur-fares-well-against-opensea-even-as-its-token-bleeds\/","title":{"rendered":"Blur fares well against Opensea even as its token bleeds"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Blur\u2019s weekly average trade price has remained higher than Opensea\u2019s since its launch.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">The token was down by over 31% last month, and metrics were bearish.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Since its launch,<\/span> <span style=\"font-weight: 400;\">Blur [BLUR]<\/span><span style=\"font-weight: 400;\"> has gained immense popularity in the NFT space, even outperforming market leader Opensea on a few fronts. While the marketplace\u2019s performance remained relatively good, its native token had little to write home about.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read<\/span> <a href=\"http:\/\/ambcrypto.com\/predictions\/blur-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Blur\u2019s [BLUR] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2023-24<\/span><\/p>\n<hr \/>\n<h4><strong>Blur ahead of Opensea<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">A check of both the NFT marketplaces\u2019 metrics revealed that Blur managed to outperform Opensea on multiple fronts. Notably, Blur witnessed a surge in its weekly volume as it surpassed Opensea by a huge margin in February 2023. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, Opensea\u2019s daily volume remained higher over the last month.\u00a0<\/span><\/p>\n<figure id=\"attachment_338549\" aria-describedby=\"caption-attachment-338549\" style=\"width: 1825px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3.jpg\"><img decoding=\"async\" class=\"wp-image-338549 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3.jpg\" alt=\"\" width=\"1825\" height=\"435\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3.jpg 1825w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3-300x72.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3-1024x244.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3-768x183.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-1-3-1536x366.jpg 1536w\" sizes=\"(max-width: 1825px) 100vw, 1825px\" \/><\/a><figcaption id=\"caption-attachment-338549\" class=\"wp-caption-text\">Source: Dune<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">A similar trend was also noted on the chart, highlighting both marketplaces\u2019 weekly average transaction prices, where Blur outshined Opensea. But things changed over the last month, as Opensea\u2019s graph remained tightly wound to Blur.<\/span><\/p>\n<figure id=\"attachment_338551\" aria-describedby=\"caption-attachment-338551\" style=\"width: 1827px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2.jpg\"><img decoding=\"async\" class=\"wp-image-338551 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2.jpg\" alt=\"\" width=\"1827\" height=\"428\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2.jpg 1827w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2-300x70.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2-1024x240.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2-768x180.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Dune-2-1536x360.jpg 1536w\" sizes=\"(max-width: 1827px) 100vw, 1827px\" \/><\/a><figcaption id=\"caption-attachment-338551\" class=\"wp-caption-text\">Source: Dune<\/figcaption><\/figure>\n<h4><strong>Blur\u2019s growth potential is high<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Though the marketplace\u2019s performance has been remarkable, its stats registered a decline over the last few months alongside its native token\u2019s price. However, an NFT researcher at Delphi Digital mentioned a few potential new business lines that Blur could explore, which could benefit both the marketplace and the token.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">With <a href=\"https:\/\/twitter.com\/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BLUR<\/a>&#39;s token down approximately 96% from its all-time high (ATH), one might wonder if there is still hope. However, let&#39;s take a quick look at some potential new business lines that Blur could explore and analyze what BLUR holders are currently doing on-chain. A \ud83e\uddf5 <\/p>\n<p>\/15 <a href=\"https:\/\/t.co\/s3ClgBNh8u\">pic.twitter.com\/s3ClgBNh8u<\/a><\/p>\n<p>&mdash; yh_0x\ud83d\udd6f\ufe0f (@yh_0x) <a href=\"https:\/\/twitter.com\/yh_0x\/status\/1695048812270887176?ref_src=twsrc%5Etfw\">August 25, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">As per the tweet, Blur could look into NFT derivatives. NFT perps could offer NFT traders flexibility and hedging like the token markets. Another possible direction was the NFT Trading Bot.<\/span><\/p>\n<p><a href=\"http:\/\/ambcrypto.com\/opensea-to-suspend-operator-filter-as-blurs-ascendency-gains-momentum\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Blur<\/span><\/a><span style=\"font-weight: 400;\">&#8216;s bot could direct users to its marketplace aggregator, reducing entry barriers and encouraging more frequent trading, boosting overall trading volume. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tweet also mentioned that Blur&#8217;s market leadership positions it as an appealing launchpad for NFT projects. The marketplace can set itself apart from competitors by generating revenue from creator fees or mints.\u00a0<\/span><\/p>\n<h4><strong>The native token is bleeding<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Not only did the marketplace\u2019s metrics register a downtick, but BLUR\u2019s performance on the price front was also concerning. The token was down approximately 96% from its all-time high (ATH). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the last month, the token was down by more than 31%, and at press time, it was<\/span> <a href=\"https:\/\/coinmarketcap.com\/currencies\/blur-token\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">trading<\/span><\/a><span style=\"font-weight: 400;\"> at $0.2041 with a market cap of $178 million. A look at the token\u2019s current metrics gave a bearish notion.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">How much are <\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">1,10,100 BLURs worth today<\/span><\/a>?<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">For example, its trading volume declined, meaning that investors are not willing to trade the token. The token\u2019s exchange inflow spiked, which indicated that it was under selling pressure. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">On top of that,<\/span> <a href=\"http:\/\/ambcrypto.com\/blur-price-prediction-can-new-developments-spark-bullish-rally\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BLUR<\/span><\/a><span style=\"font-weight: 400;\"> will also <\/span><a href=\"https:\/\/token.unlocks.app\/blur\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">unlock<\/span><\/a><span style=\"font-weight: 400;\"> more than 2 million tokens in February next year, which could further lead to a price depreciation. Interestingly, the top 100 wallets did not trade the token in the last month, reflecting whales&#8217; trust in BLUR.\u00a0<\/span><\/p>\n<figure id=\"attachment_338555\" aria-describedby=\"caption-attachment-338555\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023.png\"><img decoding=\"async\" class=\"wp-image-338555 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Blur-BLUR-11.46.59-26-Aug-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-338555\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>BLUR outperformed Opensea on multiple fronts, but its metrics dropped over the last few months. Its token was down by over 90% from its ATH.\u00a0<\/p>\n","protected":false},"author":75,"featured_media":338556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4029,4,20],"tags":[],"class_list":["post-338548","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-nft","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Blur fares well against Opensea even as its token bleeds - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Since the launch, Blur has gained immense popularity with its performance in the NFT space as it surpassed Opensea on several fronts\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/blur-fares-well-against-opensea-even-as-its-token-bleeds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blur fares well against Opensea even as its token bleeds - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"BLUR outperformed Opensea on multiple fronts, but its metrics dropped over the last few months. Its token was down by over 90% from its ATH.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/blur-fares-well-against-opensea-even-as-its-token-bleeds\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-26T14:30:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/BLUR.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dipayan Mitra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/DiDipayan\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dipayan Mitra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/\"},\"author\":{\"name\":\"Dipayan Mitra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\"},\"headline\":\"Blur fares well against Opensea even as its token bleeds\",\"datePublished\":\"2023-08-26T14:30:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/\"},\"wordCount\":503,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/BLUR.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"NFT\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/blur-fares-well-against-opensea-even-as-its-token-bleeds\\\/\",\"name\":\"Blur fares well against Opensea even as its token bleeds - 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