BLUR price prediction: Can new developments spark bullish rally?

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BLUR has been on a significant bearish downward spiral for over a month. However, the launch of Blur's v2 marketplace could kickstart an uptick in trading volumes, which could translate to a bullish price reversal.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.However, the launch of new marketplace features could revive interest.radical entry into the NFT marketplace in October 2022 sent shockwaves across major players in the NFT space. Blur’s zero-trading fee model, royalty payments, and generous airdrop of BLUR, its governance token, saw it capture a significant portion of the NFT market.

Mid-April saw the start of a significant downtrend from the $0.85 price zone. This saw BLUR reach an all-time low of $0.28 on 10 June. Despite BLUR’s valiant efforts at recovery, the price has remained close to its all-time low.

 

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