$BLUR Down over 20%! Is the once-leading NFT marketplace really about to exit the stage of history?
On October 12, NFT trading platform Blur announced major changes, sending the BLUR token sharply lower. After the announcement, its price plunged by more than 20% at one point, falling to around $0.015, while its market cap shrank to approximately $44 million.
🔥 Three key announcements:
1. Blur plans to shut down its official website frontend on November 12. 2. NFT lending protocol Blend will stop matching new loans on the same day. 3. The underlying NFT trading protocol will continue to operate on-chain, and BLUR will retain governance rights over the protocol fee switch.
I just withdrew from OKX to Binance and noticed the huge difference in fees: one was cheap—basically free—while the other was so expensive I couldn't afford it. What a world of difference. OKX really has a narrow outlook, too; it doesn't support the BSC chain.
$Which projects are worth watching in the next altcoin rally?
🚀 Lots of people are looking for the next 10x or 100x coin.
But I’ve found that the projects truly worth researching are often not the ones with the biggest short-term gains, but those with long-term potential.
I usually evaluate altcoins based on four factors:
① Market cap: Has the market already fully priced in the project’s potential?
② Circulating supply: Are large token unlocks expected in the future?
③ Capital: Is there sustained trading volume and genuine inflows?
④ Narrative: Does the project’s sector have long-term demand?
Right now, I’m paying particular attention to privacy, RWA, DeFi, and infrastructure.
Among them, #ZEC和 #ETH are all worth keeping an eye on, but you shouldn’t focus on a project’s narrative while ignoring its valuation.
I’ve always believed that the most important thing in investing isn’t chasing gains, but finding opportunities where the risk-reward ratio is asymmetric.
Why every time you buy coins, after the other party’s account gets restricted, after a while they ask what you bought them for, then give you advice, and keep asking you every day whether you want U
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