BLUR Token Holders Cry Foul as Price Tanks Despite Ecosystem Growth

• BLUR has experienced significant bearish pressure this year.
• Blur NFT marketplace recently launched season 4 with a 500 million BLAST allocation.
• The newly launched season will last until June 2025.

BLUR, the native token of the Blur NFT marketplace, has seen a steep decline in value since the start of the year, fueling anxiety among investors about the token’s long-term prospects despite recent platform developments.

The altcoin reversed its upward trend in February after an impressive rally from Q4 2023, nearly erasing all gains from the previous rally as of this writing. Following the price drop, one BLUR holder, Altcoin Sherpa on X platform expressed regret for not selling his holdings in February when the altcoin traded for $0.70.

im not selling this blast airdrop

im going down with this ship

wish I had nuked my BLUR at $.70 like I was thinking, fml pic.twitter.com/ZYtCZCGAIx

— Altcoin Sherpa (@AltcoinSherpa) June 26, 2024

Meanwhile, BLUR’s price continued to fall despite developments within the parent project’s ecosystem expected to increase adoption. For instance, the NFT marketplace recently announced the start of season 4, allocating 500 millio…

The post BLUR Token Holders Cry Foul as Price Tanks Despite Ecosystem Growth appeared first on Coin Edition.