PiChain Ghana

Cryptocurrency Trader Secures a Staggering $11 Million in Token Airdrop from NFT Marketplace

The NFT market continues to offer abundant opportunities for investors to profit, as evidenced by a recent case where someone earned $11 million by receiving Token Airdrop from the NFT market.

Cryptocurrency Trader Secures a Staggering $11 Million in Token Airdrop from NFT Marketplace

A savvy crypto trader, operating under the alias Hanwe, has recently struck gold in the token airdrop of the NFT marketplace Blur from Season 2. This season, characterized by fervent trading and generous airdrop rewards, proved to be exceptionally lucrative for Hanwe, who engaged in a spectrum of activities on Blur, including NFT bids, listings, and lending.

Under the hanwe.eth pseudonym, this trader emerged as the leading beneficiary of Season 2, netting a staggering 22.85 million BLUR tokens out of the total 300 million allocated for the season. Initially valued at around $7.3 million, the received tokens have seen a meteoric rise in worth, now standing at an impressive $11.3 million.

In a noteworthy achievement reported, Blur outpaced OpenSea in NFT trading volume earlier this year, showcasing its effective business model that encourages active trading and resonates strongly with the NFT community. Anticipating Season 3, Blur is gearing up for significant changes, including the integration of the Ethereum layer-2 network Blast.

This integration aims to boost platform efficiency and introduce fresh incentives, with a special airdrop for Blur’s community scheduled for May 2024. As of the latest update, BLUR is trading at $0.51, marking a 38.4% surge in the past 24 hours. The cryptocurrency’s value has soared by an impressive 185% in the last 30 days, riding the wave of a broader cryptocurrency market recovery that coincides with growing optimism about the potential approval of a Bitcoin exchange-traded fund (ETF) in the United States.

Source: AZC News


Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Leave a Comment

Your email address will not be published. Required fields are marked *