BLUR Cryptocurrency potential Sell-Off soon!

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 $BLUR(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!

Giao dịch đang hoạt động:

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