Blur

Million

April

Spot

<ul class="news-points">
 <li><strong>Blur continued its token unlock program in the early hours of Tuesday, April 16, 2024.</strong></li>
 <li><strong>The NFT marketplace has unlocked 655 million BLUR, worth $259 million of its total supply.</strong></li>
 <li><strong>BLUR’s price dropped as the project released more tokens into the crypto market.</strong></li>
</ul>
<p>Blur, the decentralized marketplace for non-fungible tokens (NFTs), continued its scheduled token unlock program in the early hours of Tuesday, April 16, 2024. In a post on X, Spot On Chain, the leading crypto analytics platform, noted that the NFT marketplace released 34.42 million BLUR, equivalent to $15.29 million, into the cryptocurrency ecosystem.</p>
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   <p lang="en" dir="ltr">34.42M <a href="https://twitter.com/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BLUR</a> ($15.29M) was unlocked from the lockup contract 2hrs ago and will soon be moved to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a> for distribution.<br><br>In total, 655M <a href="https://twitter.com/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BLUR</a> (now $259M), or 21.8% of the total supply, have been unlocked since Jun 2023.<br><br>The <a href="https://twitter.com/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BLUR</a> price has dropped ~41% since the last unlock… <a href="https://t.co/yOrJaOFCus" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yOrJaOFCus</a> <a href="https://t.co/JVd7IVd8he" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/JVd7IVd8he</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1780046402489639134?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 16, 2024</a>
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<p>Spot On Chain noted that Blur will deposit the unlocked tokens to Coinbase for distribution. The platform highlighted that Blur has unlocked 655 million BLUR, worth $259 million, or 2…</p>
<p>The post <a href="https://coinedition.com/blur-unlock-schedule-continues-34-42-million-tokens-head-to-distribution/" rel="noopener noreferrer nofollow">BLUR Unlock Schedule Continues: 34.42 Million Tokens Head to Distribution</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

BLUR Unlock Schedule Continues: 34.42 Million Tokens Head to Distribution

Coin Edition

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