ショート

BLUR Cryptocurrency potential Sell-Off soon!

アップデート済

BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform.
BLUR Market Cap is 813Mil
BLUR Fully Diluted Market Capitalization is $1,96 Billion!
49.46M (about 32.50M) was unlocked yesterday and they will be unlocking more coins next month!

I have a rival to study for comparison, Rarible and its token RARI.
Rarible operates as an NFT marketplace and issuance platform with a focus on empowering creators. The platform leverages the RARI token to reward users engaged in active interactions with the protocol.
RARI Market Cap is 32Mil
RARI Fully Diluted Market Capitalization is 35Mil!
In 2021 RARI was trading at $63.53 and its fully diluted Mk cap was $1.57 Billion! Sounds familiar?
Then the DILUTION started!
And now is trading 45X lower, at $1.4!

In case it will follow RARI`s rule, my price target for BLUR is $0.015.
Now it`s trading at $0.657!

トレード稼働中

BLUR trading lower! More Downside potential, in my opinion!