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Binance Listing Sparks Excitement in Blur’s NFT Community

Published 11/25/2023, 01:34 AM
Updated 11/25/2023, 01:45 AM
Binance Listing Sparks Excitement in Blur’s NFT Community

  • BLUR‘s price climbed to $0.62 as Binance opened the trading floor for the cryptocurrency.
  • The 24-hour trading volume closed in on $1 billion, while some early adopters made profits.
  • Buying pressure increased, suggesting a potential move to $0.70 for BLUR.

The price of Blur (BLUR) jumped by 28% in the last 24 hours after Binance confirmed that it would list the cryptocurrency. According to the exchange announcement, spot trading for the BLUR/USDT and BLUR/BTC pairs would be open for trading by 9:00 UTC on November 24.

However, Binance also mentioned that withdrawals would only begin by November 25, noting that a margin pair against the USD would also be listed. While the development sat well with the crypto community, it was the NFT end of the market that generated even greater enthusiasm.

This is because BLUR is the native token of the Blur NFT marketplace. Interestingly, Binance’s announcement also came a day after Tieshun Roquerre, founder of Blur NFT marketplace, announced that he had raised $40 million to contribute to the ecosystem.

The post Binance Listing Sparks Excitement in Blur’s NFT Community appeared first on Coin Edition.

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