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The native utility token of the top non-fungible token (<a href="https://nft.news/?utm_source=crypto.news&amp;utm_medium=referral">NFT</a>) marketplace Blur (<a href="https://crypto.news/price/blur/">BLUR</a>) secured the top spot among the top 100 cryptocurrencies with a sudden hike in the past 24 hours. 
BLUR gained 22.5% over the last day, which immediately <a href="https://coinmarketcap.com/currencies/blur-token/" target="_blank" rel="noopener">promoted</a> the asset from 110th place on CoinMarketCap (CMC) to 99th largest crypto by market capitalization — worth $308 million at the time of writing. 
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Moreover, the sudden surge comes as BLUR’s 24-hour trading volume skyrockets by over 1,100%, surpassing the $100 million mark. The asset witnessed a massive downfall on June 5, when the US Securities and Exchange Commission (SEC) took legal action against prominent crypto companies. 
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 <img decoding="async" width="1140" height="607" src="https://crypto.news/app/uploads/2023/06/BLUR-price-June-27.png" alt="BLUR token emerges as top gainer as holders rise - 1" class="wp-image-14173428">
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 BLUR price – June 27 | Source: Trading View
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However, BLUR is trading at $0.425 at the time of writing. On-chain data shows that blur holders have risen by 0.34%, reaching 41,779 unique addresses. 
According to <a href="https://dappradar.com/rankings/nft/marketplaces?period=day" target="_blank" rel="noopener">data</a> provided by DappRadar, the trading volume on the Blur NFT marketplace has also risen by 68% over the past day, reaching $20.9 million. The number of traders has also grown by 23.5%, reaching the 3,950 unique traders mark. 
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 <div class="wp-block-embed__wrapper"> <iframe loading="lazy" title="OpenSea vs Blur: Tracking The NFT Marketplace War" width="1020" height="574" src="https://www.youtube.com/embed/kPYESQ6briU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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Blur currently ranks as the top NFT marketplace with an average price of $2,670 for the collectibles listed on it, per DappRadar. 
On June 1, a report <a href="https://crypto.news/hackers-steal-13-nfts-on-blur-as-global-sales-rise/">revealed</a> that two hackers stole 13 NFTs on Blur. A cybercriminal, Pink Drainer, stole six collectibles from Blur as he <a href="https://crypto.news/nft-hackers-new-technique-introduces-new-feature-to-blur-market/">learned</a> to activate private sales on the marketplace — Blur doesn’t offer private sales. 
This way, Pink Drainer can get hold of the NFTs — paying almost 0 ETH. 
 Read more: <a href="https://crypto.news/over-50-of-fortune-100-companies-have-embraced-crypto-and-web3-study-shows/"> Over 50% of Fortune 100 companies have embraced crypto and web3, study shows </a>

BLUR token emerges as top gainer as holders rise

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