Follow UsOnce-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
Bearish-53.03%
13 Oct, 04:43
Source: CoinDesk
AI Summary
Blur, once the largest Ethereum NFT marketplace, is shutting down its website following a 99% collapse in trading volume, highlighting sustained weakness in the NFT sector.
Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.