How Blur Token Listing on Binance Causes Spike in Prices
If you’re a cryptocurrency enthusiast, you’re likely aware that the market is constantly changing. But the recent listing of Blur [BLUR] on Binance seems to have caused quite a stir in the crypto world. Here’s what’s been happening:
**Spot Trading Resumes and Price Surge**
Following the listing on Binance, spot trading of BLUR has resumed on the exchange, leading to a significant double-digit price climb as buying pressure increased.
**BLUR Listing on Binance**
The ERC-20 token of the Blur NFT marketplace, BLUR, was listed on Binance with spot trading for BLUR/USDT and BLUR/BTC pairs opening on November 24th. This update confirmed that traders could access the trading pairs, with leverage trading set to open on November 25th.
**Belief Brings Gains for BLUR Holders**
As a result of the Binance announcement, the price of BLUR increased by 25.47% in just 24 hours. Some lucky recipients of BLUR airdrops who didn’t sell all their rewards also gained from the price increase, with some making significant profits.
**Another Bounce May Be Underway**
The market cap of BLUR has increased to 682.05 million, ranking it at number 75. Active addresses on the Blur network also surged, showcasing traction gained by Blur due to the increase in transactions, indicating another potential market rebound.
It’s clear that Blur’s listing on Binance has had a significant impact on the token’s price and market cap, sparking renewed interest and value in the project. If current trends continue, BLUR’s value may continue to rise in the short term. So, for all the crypto enthusiasts out there, it’s worth keeping an eye on BLUR’s performance in the coming days.
### News source: eng.ambcrypto.com