Blur (BLUR) is Blur’s native governance token, a unique NFT marketplace and aggregator platform that offers advanced functionality such as real-time price feed, portfolio management, and multi-market NFT comparisons. Ethereum’s blockchain technology forms the basis of Blur, with support for a modified version of Solidity and Ethereum Virtual Machine (EVM), facilitating the migration of smart contracts from Ethereum to Blur. In February 2023, Blur launched its token after raising more than 14 million dollars from world-renowned investors and traders, distributing 360 million BLUR tokens, valued around 355 million dollars at launch, to the best users of the
platform.
Price Forecasts
When will it reach 1 dollar?
The price of Blur depends on several factors, including demand, supply, news, events, technological advances, and competition. According to a source4, in 2024, the average price of Blur will be around $0.6462, with a high of $0.7369 and a low of $0.6288. According to this source, Blur could reach 1 dollar by 2025
.
When will it reach 10 dollars?
Also according to the same source4, in 2025, the average price of Blur will be around $0.817, with a maximum of $0.936 and a minimum of $0.79. So, according to this source, Blur could reach 10 dollars by 2030
.
When will it reach 100 dollars?
The same source4 does not provide forecasts beyond 2030. It is speculated that to reach 100 dollars per coin, Blur would have to face challenges such as regulation, security, adoption and competition. With a market capitalization of around 1.1 billion1, reaching 100 dollars per coin would require a capitalization of around 110 billion dollars, similar to that of Binance Coin in 2021. This scenario seems unlikely in the short and medium term, but not impossible in the long term, if Blur proves its value in the NFT sector
.
When will it reach 1000 dollars?
To reach 1000 dollars per coin, Blur should have a market capitalization of around 1.1 trillion dollars, similar to that of Bitcoin in 2021. This scenario seems almost impossible, unless there is a technological and social advance that leads Blur to become the dominant platform in the world of NFTs and beyond. However, this possibility cannot be completely ruled out, given the continuous evolution of cryptocurrencies.
Investment Assessment
Blur is considered a good investment thanks to its ambitious vision and unique technology. With the support of large companies and organizations such as Binance, Huobi, OKEx, and Crypto.com2, it still presents risks such as volatility, regulation, security, competition, and adoption. Before investing, it’s important to conduct thorough research, weigh the pros and cons, and only invest what you can afford to lose
.
Price Forecasts from 2024 to 2030
The following are average, minimum, and maximum estimates made by a source4 for the price of Blur from 2024 to 2030. These are forecasts based on technical analysis and may not reflect the actual result
.
Anno | Minimum price | Average price | Maximum price |
---|---|---|---|
2024 | $0.6288 | $0.6462 | $0.7369 |
2025 | $0.79 | $0.817 | $0.936 |
2026 | $0.9512 | $0.9878 | $1.1351 |
2027 | $1.1124 | $1.1586 | $1.3342 |
2028 | $1.2736 | $1.3294 | $1,5333 |
2029 | $1.4348 | $1,5002 | $1.7324 |
2030 | $1.5960 | $1.6710 | $1.9315 |