Blur Token Surpassed $1 Billion In Volume Transactions Amid Price Drops Significantly

Key Points:

• BLUR’s transaction volume has surpassed $1 billion following its launch today, reaching $1.020.353.757 USD.
• According to TradingView data, Conflux’s native token, CFX, increased by more than 40% after the announcement of collaborating on blockchain-enabled SIM cards with China Telecom.

BLUR Token has exceeded $1 billion in volume transactions since its debut early today, while Conflux’s native token CFX soared 40% following the announcement of the partnership with China Telecom.

According to Coinmarketcap data, the NFT market Blur platform token BLUR’s transaction volume has surpassed $1 billion following its launch today, reaching $1.020.353.757 USD at the time of writing, with CEX transaction volume of approximately $777,403,802 and DEX traders of roughly $242,949,955. Furthermore, the current BLUR has decreased to around $0.92, and the market cap has plunged to $323,077,339.

Meanwhile, Conflux Network collaborated on blockchain-enabled SIM cards with China Telecom, the country’s second-largest telecom carrier. Its native CFX token skyrocketed in response to the announcement.

Conflux Network stated in a Twitter thread following the announcement that the telecom giant will launch the first trial program in Hong Kong later this year.

According to TradingView data, Conflux’s native token, CFX, increased by more than 40% after the announcement.

As for Bitcoin, A pseudonymous analyst known as CryptoKaleo informs that the Ethereum/Bitcoin (ETH/BTC) pair is presently trading below a diagonal trendline, implying that ETH will likely lag behind BTC in terms of gains.

A bearish ETH/BTC chart traditionally indicates that Bitcoin will likely climb in value faster than Ethereum and the overall altcoin market.

Looking at Bitcoin, Kaleo believes it is on its way to the $30,000 price level after bouncing off support at roughly $21,000. In the short term, Kaleo believes Bitcoin will gain momentum if it overcomes resistance at $22,400.

At the time of writing, Bitcoin is trading at $22,790, up more than 3% over the last 24 hours.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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