Blur Announces Website Closure, Prices Plummet by 30%
2026-10-14 00:32:26
CoinMeta data: NFT giant Blur announces the closure of its website, causing its token price to plummet by over 30% on October 13th. The company stated that this closure will also affect its non-fungible token lending protocol Blend. Although Blur will retain its on-chain market, users will lose access through the existing website. CoinMeta data: The current trading price is approximately $0.01282, down about 31.5% within 24 hours. The token's market value has dropped to around $37.3 million, with a daily trading volume of about $55.3 million, an increase of over 700% from the previous day. However, the seven-day price of Blur has decreased by about 35%, indicating weakness before the latest announcement. Blur announced that its website frontend will be closed on November 12, 2026, but its underlying market protocol will continue to operate on Ethereum. The company has not yet announced an alternative trading interface, leaving users facing uncertainty regarding access to their assets.
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Source:The Coin Republic
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