Investors and Influencers Blame Blur for Recent Drop in NFT Prices
07/05 22:31
Blur, a new NFT marketplace that surpassed OpenSea in trading volume, has been blamed by some investors and influencers for the falling prices of NFTs, including Bored Ape Yacht Club. Critics claim that Blur's incentivized trading model has encouraged traders to treat NFTs like fungible tokens, resulting in a surge in trading volume that some have called "wash trading."
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