{"id":520071,"date":"2023-02-17T18:00:00","date_gmt":"2023-02-17T18:00:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=520071"},"modified":"2023-02-17T18:59:42","modified_gmt":"2023-02-17T18:59:42","slug":"blur-token-airdrop-spikes-ethereum-gas-prices-and-burn","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/blur-token-airdrop-spikes-ethereum-gas-prices-and-burn\/","title":{"rendered":"Blur Token Airdrop Spikes Ethereum Gas Prices And Burn"},"content":{"rendered":"
While the crypto market is still in an uptrend despite the Securities and Exchange Commission’s (SEC) increase in regulatory actions, projects have been seen taking advantage of the so-called \u2018mini bull run\u2019 with new launches. NFT marketplace Blur is one of them.\u00a0<\/span><\/p>\n
On Valentine\u2019s day, February 14, Blur airdropped its native token under the ticker BLUR. The digital asset was launched on the Ethereum blockchain to users who have actively traded NFTs on the marketplace over the past six months.\u00a0<\/span><\/p>\n
Following the project\u2019s token airdrop, network activity on the Ethereum blockchain has soared, spiking the network\u2019s gas prices and the amount of ETH burned in a day. This network’s spike in activity can be linked to Blur users claiming their respective airdropped tokens and to the transactions on the marketplace.\u00a0<\/span><\/p>\n