Blur has been described as the future of NFT trading. It is both a marketplace and an aggregator, with several advanced features that improve trading experiences. The Blur token (BLUR) has also caught the attention of many crypto enthusiasts, which is why a BLUR price prediction guide is important at the moment.
In this post, we’ll provide a comprehensive Blur price prediction, including short, medium and long-term BLUR price forecast(s). We’ll also explore Blur fundamentals, discussing what the platform offers and what its token is used for. We’ll also discuss the factors that could impact BLUR price movements in the future.
Blur Price Prediction Summary
- End of 2024: This year, Blur has performed below expectations. Following its meteoric rise and consequent price crash within 24 hours of launch, the token has failed to inspire for so long. While this may be linked to the dwindling fortunes of NFTs, we anticipate that the current market condition can still impact the coin positively. Its maximum price in 2024 could be in the region of $0.927 per token.
- End of 2025: As the current crypto bull market reaches a crescendo in 2025, most altcoins are expected to record new all-time high values. However, we do not expect BLUR to reach the price point it reached on its first trading day. However, market conditions and other positive factors could drive its price to a maximum level of $1.782 before the end of 2025.
- End of 2027: By 2027, we anticipate that non-fungible tokens (NFTs) could make a resurgence. As the sector improves, Blur may attract several new users. If the ecosystem grows as we expect, then the price of the Blur token (BLUR) could rise. Depending on many factors, BLUR maximum price could be in the region of $3.261 per token.
- End of 2030: Blur has enough advanced features to attract new users in the years ahead. However, it may face serious competition, especially if the NFT market blooms again. Depending on its ability to innovate and keep its community happy, Blur mar experience significant growth before 2030. So, our long-term BLUR price forecast suggests that its maximum price in 2030 could be $7.226 per token.
Blur (BLUR) Price History
The Blur crypto project was founded by a few individuals who were only active through pseudonyms. The head of the team is a Web3 developer called Pacman. The founder of ZenAcademy and the 333 Club, Zeneca, became the director of the Blur Foundation after it was officially incorporated. The team claims to have experience across MIT, Twitch, Square, Five Rings Capital and Y Combinator.
Blur officially started its services on October 19, 2022, as an NFT marketplace and aggregator on Ethereum. On January 5, 2023, Blur launched Blend as a peer-to-peer perpetual lending protocol for NFTs. The platform then launched its native token, BLUR, on February 14, 2023, to enable traders to participate in Blur’s governance and profit from its successes via community ownership.
According to Coingecko data, BLUR’s starting price on the day of release was $0.651484. Due to the hype surrounding its airdrop and the potential of the project, BLUR’s price reached its all-time high price of $5.02 on the launch day. However, it crashed to less than $1 within 24 hours, following massive sales by protocol participants.
BLUR recovered minimally from its initial crash within days, reaching $1.18 on February 19. The downward trend resumed almost immediately, sending the price to $0.53 on March 11. After weeks of fluctuations, it rose to $0.812101 on April 19, 2023.
Towards the end of the past crypto bear season, BLUR price reached a low point of $0.162876 on October 16, 2023. However, it recovered as the market improved, closing 2023 at around $0.478477.
BLUR Price History in 2024
BLUR started 2024 well, reaching $0.709541 on January 17. It dropped to around $0.575795 on February 4 before rising again to $0.804108 on February 25, 2024. Despite the ongoing Bull Run, BLUR price hasn’t picked up for months. After reaching a high of $0.714792 on March 12, 2024, it has been on a downward trend.
BLUR price slightly rose from $0.518304 on April 3 to $0.565977 on April 9, 2024. By April 14, the price was already down to $0.375840. The token then recorded its all-time low price of $0.142 on July 5, 2024, per Coinmarketcap data.
At the time of writing this Blur price prediction guide, the token had gained by 16.05% in the past seven days. However, the token had dropped by -28.62% in the past month.
Key Points in Blur (BLUR) price history
- Blur was founded by an experienced team, using pseudonyms for privacy reasons
- Blur officially started its NFT trading and aggregating services on October 19, 2022
- On February 14, 2023, the BLUR token was released to incentivize NFT traders and protocol participants with governance rights and opportunities to profit from the successes of the protocol
- BLUR soared to its all-time high level of $5.02 on the day of launch (February 14, 2023)
- Following massive sales by BLUR holders on the day of its airdrop, the token’s price crashed to below $1
- BLUR closed at around $0.478477 on December 31, 2023
- After initial slight gains in January and February 2024, BLUR price has been dropping during the current bull market
- BLUR reached its all-time low price of $0.142 on July 5, 2024
- At the time of writing this Blur price prediction guide, the token was up 16.05% in the past 7 days, but the price difference in 1 month is negative at -28.62%
Blur Price Prediction 2024
Looking at how BLUR has performed in 2024, it is difficult to expect a significant price gain this year. The token has been on a downward trend, in spite of the booming market. However, the crypto market is full of uncertainties, meaning things could change within a few days, weeks or months.
Also, if we are to consider how BLUR price rose on the launch date, it could be considered among the next cryptos to explode. But if we are to be realistic, the chance of another monumental growth in 2024 is highly unlikely.
Blur’s position as one of the best NFT marketplaces makes it a viable crypto to consider adding to your portfolio. Even though it hasn’t recorded any substantial growth in 2024, a few positive developments within the NFT subsector could prove vital.
But then, we need to be realistic by considering the obvious fact that the NFT hype is over. The sector may take a little longer to recover. Though there is still a significant amount of transactions going on within the space, NFTs (non-fungible tokens) aren’t performing too well when compared to standard cryptocurrencies and fungible tokens.
With all these points in mind, it is important to state that the current state of the crypto market could favor many Ethereum tokens, including BLUR. However, the level of impact could be minimal.
Therefore, our Blur price prediction for 2024 estimates that the token could reach a maximum price of $0.927 before the year runs out.
Blur Price Prediction 2025
Going into 2025, we are confident that the crypto market will continue to improve. Traditionally, most cryptos reach new all-time high prices a year after Bitcoin halving. 2024 has been particularly wonderful as Bitcoin (BTC) reached a new all-time high price before the halving event. Of course, many positive developments within the blockchain industry played significant roles in this bull market.
As the bull market reaches its peak in 2025, it is not yet clear whether NFTs will experience a significant resurgence. Despite their attractive features, prices have plummeted. Standard cryptocurrencies, especially top memecoins, have been leading the current rally.
But Blur’s success will not only depend on the success of the NFT sector. To be clear, BLUR is a full-fledged cryptocurrency though the platform it powers focuses on NFTs. It doesn’t need to change its focus to attract investors and reach new high price points. Market sentiment and other factors could drive price growth going forward.
BLUR’s utility across the NFT and crypto marketplaces could spur price growth in the future. However, we do anticipate a major BLUR price rally within a year. But if the markets become too bullish and interesting, the Blur token could gain.
Based on the factors we’ve considered, our Blur price forecast for 2025 posits that the crypto could rise to a maximum price of $1.782 before the end of the year.
BLUR Price Forecast 2027
It is now common knowledge that the crypto space experiences bullish and bearish seasons within a 4-year cycle. Based on historical facts, it is expected that the market will dip in 2026. Slight recovery will mostly occur towards the end of 2027. But just how well could BLUR perform?
There is a decent chance that BLUR’s price movement will not directly align with the performance of the wider crypto market in 2027. While many of the top altcoins may experience a significant price decline, BLUR may record some growth, especially if the NFT space experiences a resurgence.
The first half of 2027 may not be too nice for many digital assets. We also estimate that Blur may not post significant gains during this period. But as the market is expected to recover between the 3rd and 4th quarters of 2027, BLUR price could climb.
The possibility of NFTs experiencing a resurgence before 2027 cannot be ruled out. If this is the case, then BLUR price could skyrocket. But this doesn’t automatically mean BLUR is one of the cryptos with high growth potential.
Depending on how the crypto market turns out in 2027 and how the NFT space evolves, Blur price could record substantial gains. As per our actual BLUR price prediction, we estimate that the token could reach a high price target of $3.261 before the end of 2027.
Blur Price Prediction 2030
Undoubtedly, blockchain technology is one of the most transformative technologies of our time. By our estimation, its influence will continue to grow in the coming years. By 2030, blockchain technology will permeate several new industries. The NFT sector could also experience major growth.
At this point, we need to consider what Blur offers. It has been severally described as one of the best NFT marketplaces. Some of its most attractive features include portfolio management, real-time price feeds and multi-marketplace NFT comparisons. It also boasts an intuitive interface and claims to have faster NFT sweeps than competing platforms.
Thanks to the aforementioned and other advanced features, Blur can attract many new users in the coming years. The platform also offers incentives for NFT traders and participants. As its user base grows, the price of its native utility token could also gain meaningfully.
Blur also excels in the hotly contested NFT creator royalties category. In its quest to strike a fair balance between creators and traders, it offers extra BLUR tokens to those who pay royalties, encouraging creatives in the process.
We estimate that Blur’s growth before and during 2030 could have a significant impact on its future price. By our estimation, BLUR price could reach a maximum valuation of $7.226 before the end of 2030.
Blur Price Prediction 2040
Considering the mouthwatering gain it made on its first day of trading, it is understandable to categorize BLUR as one of the most undervalued crypto assets. This also implies that it has much room for growth in the years ahead. When you consider that 2040 is still 16 years ahead, the growth potential is huge.
We also need to consider Blur’s ability to attract investors and partners in the future. During its early days, Blur was able to attract investment from notable entities, including Paradigm, MoonOverlord, Cozomo Medici, Keyboard Monkey, OSF, 6529, dhof, and many others.
Before 2040, we estimate that Blur will attract many new investors. New investments could be channelled towards improving Blur’s services, increasing its capacity to attract new users. With a growing ecosystem, BLUR price could experience substantial price actions.
While being optimistic, it is important to state that Blur will face competition in the future. Already, it has high-performance competitors, including OpenSea, Magic Eden, Binance NFT and more. Its ability to outperform these platforms in terms of user experience will have a notable impact on its future price.
Based on what we’ve discussed so far, Blur’s long-term future is still up in the air. However, it can transform meaningfully to become a top Web 3 project and its token will become one of the top Web 3 tokens. BLUR’s maximum price in 2040 could be within the region of $12.46 per token.
Potential Highs and Lows of Blur Price
So far, we’ve focused on predicting BLUR’s potential maximum prices for the years under consideration. But then, the crypto space is highly unpredictable and prices of digital assets can swing wildly. In the table below, we’ll summarize the potential high and low points the coin price could record for the selected years:
Year | Potential High | Potential Low |
2024 | $0.927 | $0.146 |
2025 | $1.782 | $0.834 |
2027 | $3.261 | $2.247 |
2030 | $7.226 | $5.471 |
2040 | $12.46 | $8.792 |
Expert Opinions – What Other Analysts Predict for BLUR Price
Many crypto experts have predicted Blur’s price before now. Though our BLUR price prediction is based on deep research and algorithmic-based forecast(s), it is important to consider what others are forecasting. Therefore, we’ll sample the opinions of other experts providing Blur price forecasts for other crypto media outlets:
“Technical analysis showed that Blur is expected to range between $0.01862 and $0.20482, with the average price of $0.1862 in 2024.”
gate.io
”Blur’s price for 2025, according to our analysis should range between $0.65 to $0.97 and the average price of BLUR should be around $0.81.”
ambcrypto.com
“According to the forecast for 2027, the value of BLUR token may vary between $2.08 and $4.16. The average price of the token for this year could be $3.12.”
coincu.com
“It is estimated that BLUR will be traded between $2.24 and $2.52 in 2030. Its average cost is expected at around $2.30 during the year.”
changelly.com
“However, BLUR may face a slight fall before starting its upward journey once again. It is expected that the average price of BLUR could reach $13.662 by 2040.”
coinedition.com
What is Blur and What is it Used For?
Blur is an Ethereum-based NFT marketplace and aggregator. As mentioned in previous sections of this Blur price prediction guide, Blur has several advanced features that enhance user experience. Thanks to these features, Blur is becoming increasingly attractive to professional NFT traders, though it caters to the needs of traders of all experience levels.
Blur has been able to distinguish itself from other NFT marketplaces because of the features it offers. Its intuitive interface and faster NFT sweeps are particularly attractive. It also charges no fees on NFT trades. Some of its biggest attractions, perhaps, are real-time price feeds and multi-marketplace NFT comparisons.
Blur was intentionally created to correct the shortcomings of older NFT marketplaces. It has excelled in the NFT creator royalties category, rewarding those who pay royalties with extra BLUR tokens.
As the paragraphs above suggest, Blur is primarily used for trading non-fungible tokens (NFTs). It is also a convenient place for NFT creators and investors to interact in different productive ways.
The Blur Token (BLUR)
Blur’s native currency trades under the ticker symbol, “BLUR”. It is an ERC-20 token that serves as the governance token of the protocol. It is also a utility token within the network and can yield rewards for holders.
As the governance token of the Blur marketplace, BLUR confers token holders with governance rights to determine the future of the project. Depending on the amount of tokens they hold, BLUR holders can submit and vote on proposals regarding network upgrades and similar governance issues.
BLUR is also a utility token that facilitates purchases and trades within the marketplace. As a regular digital asset, it can also be used for payment purposes, especially between consenting parties.
The Blur token (BLUR) can also be used for speculative investment purposes. As a volatile cryptocurrency, its price movements can generate profits or losses for traders. Participants can earn profits by buying the token at a lower price and selling at a higher price.
What Influences the Price of Blur Tokens (BLUR)?
Knowing the factors that can impact BLUR’s price can help you determine the best time to buy the asset. Below, we’ll briefly discuss some of the major factors that can influence Blur’s price in the years ahead:
Growth of the NFT Sector
As you must have learnt in this Blur price prediction guide, the Blur platform is one of the top NFT marketplaces. As an aggregator, it gives users access to a wide range of NFTs in multiple marketplaces and the sector recovers in the years ahead, Blur users may increase tremendously, and that can be a major boost to its price growth.
Demand and Supply
Demand and supply are the major factors impacting the prices of cryptocurrencies. An increased supply of Blur tokens in the future without a corresponding increase in demand will drive price down. Conversely, increased demand could have a positive impact on its price action, especially if supply doesn’t increase within a specific period.
Market Sentiment
Depending on how investors feel about Blur and similar cryptos, the price could be impacted in different ways. When people are optimistic about the future of the token, demand may rise, and that could easily translate to higher BLUR prices. Negative sentiment, on the other hand, can drive down prices.
Growth of the Blur Ecosystem/Community
The Blur ecosystem can expand significantly in the future. The team may also add several helpful features that will attract new users and keep the current ones. The growth of the Blur community can also be considerably beneficial to the token’s price.
Others
Many other factors can also influence Blur’s price performance in the future. Earlier in this BLUR price forecast guide, we mentioned that the ability to attract big investors can play a meaningful role in the future of the project and the price of its token. Partnerships, also, can be particularly helpful. Regulatory and legal issues within both the NFT sector and the crypto market can also influence the token’s price.
Is Blur a Buy?
With several top cryptos to buy, should Blur be one of the tokens in your crypto portfolio? There are several factors to consider when buying a digital asset, and profit potential is probably the first one. However, there may be other reasons to consider buying Blur.
Based on what we’ve covered so far, you can tell that Blur is one of the most attractive NFT marketplaces. NFT enthusiasts, therefore, may want to explore the protocol. Again, considering that Blur incentivises token holders, it is not a bad idea to hold the token.
Judging by its performance so far, Blur is not one of the top cryptos to invest in. However, it may experience price growth if the NFT market improves. Our BLUR price forecast also suggests that the crypto will appreciate tangibly in the years ahead. But it is a volatile asset that has underperformed in the current crypto bull market. If you have the risk appetite for such crypto, then buying BLUR is not such a bad idea.
Blur Price Prediction – Conclusion
Our in-depth analysis has shown that Blur is a thriving NFT marketplace that can become a lot bigger in the future. However, based on its price history, BLUR doesn’t look like a high-yield crypto. But if the NFT marketplace improves as we anticipate, BLUR’s fortune may improve.
Based on our Blur price prediction(s) for the years ahead, the token may experience tangible price growth as the crypto market continues to evolve. Buying the token may be risky, but it may turn out to be profitable in the long run. Keep in mind, also, that it is best to buy cryptocurrencies from reliable platforms like eToro and Binance.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
References
- https://www.coinbase.com/learn/crypto-basics/what-is-a-bull-or-bear-market
- https://www.coingecko.com/en/coins/blur
- https://coinmarketcap.com/currencies/blur-token/
- https://www.forbes.com/sites/bernardmarr/2022/02/07/the-5-technologies-that-will-change-the-future-of-the-human-race/
- https://coinmarketcap.com/academy/article/the-ultimate-guide-to-nft-royalties-and-nft-marketplaces
- https://www.investopedia.com/terms/d/digital-asset-framework.asp
FAQs
What was BLUR’s highest price ever?
BLUR reached its all-time high price of $5.02 on February 14, 2023, the same day it was launched
Will BLUR price go up?
Yes, Blur price is expected to go up. Though its price performance has been uninspiring for months, it can still gain in the future
Will Blur bloom in 2024?
Blur hasn’t bloomed in 2024, even as the wider crypto market has been on a monumental bullish run. But the token could still gain in the months ahead
What will Blur be worth in 2025?
Based on our analysis, the price of Blur token could reach a high point of $1.782 in 2025.
What is Blur price forecast for 2027?
Depending on several factors across the NFT and crypto scenes, BLUR price may appreciate to reach $3.261 before the end of 2027
How much will BLUR be worth in 2030?
As per our long-term BLUR price prediction, the token could reach a high price target of $7.226 before the end of 2030
What is Blur price forecast for 2040?
A lot can change before 2040 and we believe Blur will gain more users before this year. Depending on several factors, this token could reach a maximum valuation of $12.46 in 2040
Will BLUR reach $1 soon?
Though BLUR price skyrocketed to $5.2 on the day of its launch, it is unlikely that the token can reach this height soon. It may take several years to happen
Should I buy Blur now?
Blur is correctly an undervalued asset, so, this could be a good time to buy the token
Is Blur a good investment?
Currently, BLUR doesn’t look like one of the top cryptos to buy. However, a lot may change in the future and the token may gain meaningfully