Ethereum

Blur

World

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>BLUR’s price surged more than 48% in a month showcasing bullishness.</a> </li> 
 <li> <span>2</span> <a>Blur is currently trading at $0.2526 with an intraday rise of 1.04%.</a> </li> 
</ul> 
<p>Blur, one of the leading NFT marketplace is built on Polygon, a layer-two scaling solution for Ethereum. The platform offers a wide range of NFT projects from multiple sources including Rarible, LooksRare, SuperRare, OpenSea, and others.&nbsp;</p> 
<p>OpenSea has been a market leader in the NFT marketplace for a long time but Blur has been giving it tough competition recently. Even though it beat OpenSea in terms of market share in 2023 for a while but was not able to sustain the positive momentum after its airdrop.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/I6fs6cSPTMu5IxFHCSU2ugXvs4k50-Rbc6Umj335o6fRzQxpIpN4gvy28hnOVj9olGXXtpjcie-zZbhNtixogiEdqsFL7-J5rEXSO9GO9NiJOc0uKwgFczxd6M8LxMnkXl2GA_nAbWLWC0r0JfoT4qg" alt="Blur VS OpenSea: An Analysis, Let's Delve Into The World Of BLUR">
  <figcaption class="wp-element-caption">
   Source: Blur.io
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="strong-what-is-blur-io-marketplace-strong"><strong>What is Blur.io Marketplace?</strong></h2> 
<p>Blur is an NFT marketplace where you can trade NFTs and collect them. It was introduced in October 2022 and in very less time it became the top NFT marketplace. In 2023, according to CoinGecko, a market analysis website, Blur (56.8%) surpassed OpenSea’s (36.50%) in terms of market share making it the leader in the NFT marketplace segment. Blur also created a remarkable buzz with its airdrops.</p> 
<h2 class="wp-block-heading" id="strong-blur-vs-opensea-strong"><strong>Blur VS OpenSea</strong></h2> 
<p>Blur and OpenSea are the two big players in the world of NFT Marketplace. However, their target audience is totally different from each other as OpenSea targets everyone but Blur targets the big players and whale traders. Moreover, OpenSea has a 2.5% fee, on the other hand, Blur doesn’t have any trading fee; it only enforces a 0.5% creator royalty.</p> 
<p>According to the Dune analytics, OpenSea has a volume of $19,971,617 which is 30.9% and Blur has a volume of $44,638,132 which is 69.1% indicating that Blur has more volume than OpenSea in the past week.&nbsp;</p> 
<p>OpenSea wins in terms of userbase as OpenSea has 42,100 traders (76.2%) whereas Blur has only 20,526 traders. Additionally, OpenSea has more trade as compared to Blur. In the past week, Blur had 54,000 trades which is 43.3% of the total, on the other hand, OpenSea has 70,813 trades which is 56.7% of the total.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/PqxpBc6D3G_JR_Louv624nGYH5-B44bQVKrQjfC_auRWWLdYEFAIqd-ETXdOFxXIEF_S4yvyhqxDSRXgM6YR81Fqt-T5HBUy2UXtvpiwx9O98RIiGgOlzgAdhD8wVSzxxJCkfjaYTTwPlrlXseETjsg" alt="">
  <figcaption class="wp-element-caption">
   &nbsp;&nbsp;&nbsp;Source: Dune
  </figcaption>
 </figure>
</div> 
<p>The daily volume in the past month is high in the Blur as compared to the OpenSea marketplace. On 25 October 2023, the volume on openSea is $3,967,076 and on Blur it is $7,858,853.</p> 
<h2 class="wp-block-heading" id="strong-top-5-nfts-on-blur-io-marketplace-strong"><strong>Top 5 NFTs on Blur.io Marketplace</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/c-DcmzzghyR05OLuxXWldvNp08jkrxvHI86ojk9LGWRnG9IUaGwRSh9NaDIzu-I8BROozcSGSIe90w2QqQjC6VBpRdYItxyzVshLb3_4D25tsjW6nz43dlYWFlSfz77Bd1teHo-W-QfOPISr6Xdkuy0" alt="Blur VS OpenSea: An Analysis, Let's Delve Into The World Of BLUR">
  <figcaption class="wp-element-caption">
   Source: Blur.io
  </figcaption>
 </figure>
</div> 
<p>At the time of writing, Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club, Winds Of Yawanawa by Yawanawa, and Azuk1 are the top 5 <a href="https://www.thecoinrepublic.com/2023/08/15/blur-marketplace-top-emerging-nfts-to-trade-buy-and-sell/">NFTs </a>on Blur.io Marketplace.</p> 
<ul> 
 <li>Bored Ape Yacht Club was created in April 2021 on the Ethereum blockchain. It has 9998 items and a creator earnings of 2.5%. Its 24-hour volume is 2180.40 ETH.</li> 
</ul> 
<ul> 
 <li>Mutant Ape Yacht Club was created in August 2021. It is based on the Ethereum blockchain with a creator earnings of 2.5%. It falls under the PFPs category and has 19.5K items. Its 24-hour volume is 1071.33 ETH.</li> 
</ul> 
<ul> 
 <li>Bored Ape Kennel Club was created in June 2021. It has 9,602 items with a creator earnings of 2.5%. It is based on the Ethereum blockchain. Its 24-hour volume is 432.67 ETH.&nbsp;</li> 
</ul> 
<ul> 
 <li>Winds of Yawanawa by Yawanawa and Refik Anadol has 1000 items. It was created in July 2023. It has a creator earnings of 10% and works on the Ethereum blockchain. The category of Winds of Yawanawa by Yawanawa and Refik Anadol is Art. Its 24-hour volume is 328.07 ETH.</li> 
</ul> 
<ul> 
 <li>Azuki was created in Jan 2022. Its category is PFPs and holds 10k Items with creator earnings of 5%. Its 24-hour volume is 240.29 ETH.</li> 
</ul> 
<h2 class="wp-block-heading" id="strong-what-s-happening-on-the-blur-crypto-charts-strong"><strong>What’s Happening on the BLUR Crypto Charts?</strong></h2> 
<p>BLUR crypto showed a strong chart structure in the recent trading sessions. The price was trading above the key moving averages and reflected the buyers’ power. The sellers were wary of the competition and waited for a decline to show their influence. But seeing the rise, they were closing their positions and staying on the sidelines. The buyers kept making long positions, steadily moving toward $0.3533.</p> 
<p>Blur crypto was trading at $0.2526 at the time of writing with a rise of 1.04% for the day, showing neutrality in the last trading session. The trading volume for the day was 103.748 Million. The market cap of Blur Crypto was $275.565 Million. The crypto displayed the bulls’ strength and maintained the gains leading the way.</p> 
<p>As per DefiLlama on Oct 30, 2023, the volume of the token is $89.95 Million and the liquidity in the token is $1.72 Million. Additionally, the total number of active users is 1.94K and the transactions are 5.83k TXs.</p> 
<p>On the daily charts, BLUR crypto stayed on the top, near the supply zone of 200-day EMA, holding the gains convincingly. Buyers have an edge and have dominated the past few trading sessions. Moreover, the price persisted in forming higher highs, and sellers were trapped during the rebound.</p> 
<p class="has-text-align-center"><img decoding="async" loading="lazy" src="https://lh7-us.googleusercontent.com/_Pmqh3TNU4htFqMHh35rXMPRokJVOjY0Lc5D6Dsr8PGnC9pH8UB3XRyIWX5GybC5O170cRaD7EGbaKjTZ1Q-UHrP25yV8C9-Mhs0GBh8PRADU1NTaaIK6nmEIdb-78Jp5X_D_Cq2vgsOU_iRKTSYsUk" width="602" height="244"><br>&nbsp; Source: Etherscan; Top 10 Holders</p> 
<p>As per Etherscan data, OKX is the 4th biggest holder of Blur with 139,226,777.93926944 of quantity and value of $35,597,084.90.</p> 
<h2 class="wp-block-heading" id="strong-indicators-analysis-of-blur-crypto-price-in-1-d-timeframe-strong"><strong>Indicators Analysis of BLUR Crypto Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/Kt-t8C3-3YVQXknfoqEVULrdae_uksG4xxai9WZlKrNP8buhgHVV6EeS1OUnzkxz47eZDwhNLIPSObpS0kCEyDEFocj9g_wqX5VE-vuiO_Ngab87lTsLKzP2MjZB5PMLpCZR9xbEWK36kOx1DlDo4WI" alt="Blur VS OpenSea: An Analysis, Let's Delve Into The World Of BLUR">
  <figcaption class="wp-element-caption">
   Source: BLUR.1D.USD by TradingView
  </figcaption>
 </figure>
</div> 
<p>Currently, BLUR crypto is trading above the 50 and 100-day EMAs (exponential moving averages), which are supporting the price momentum.&nbsp;</p> 
<p>However, if buying volume adds up, then the price might support bullish momentum by making higher highs and new highs. Hence, the BLUR price is expected to move upward giving bullish views over the daily time frame chart.</p> 
<p>The current value of RSI is 66.95 points. The 14 SMA is above the median line at 60.31 points which indicates that the BLUR crypto is bullish.</p> 
<p>The MACD line at 0.0179 and the signal line at 0.0112 are above the zero line. A bullish crossover is observed in the MACD indicator which signals strength in the momentum of the Blur crypto price.</p> 
<h3 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>BLUR oscillators are currently indicating that the price is overbought. The investors are not very optimistic regarding the crypto. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the Blur crypto price. Price action suggests that the investors and traders are bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3> 
<p>Support Levels: $0.2343 and $0.1997.</p> 
<p>Resistance levels: $0.3000 and $0.3532.</p> 
<h3 class="wp-block-heading" id="strong-disclaimer-strong"><strong>Disclaimer</strong></h3> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in crypto involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

Blur VS OpenSea: An Analysis, Let’s Delve Into The World Of BLUR

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