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After more than a year of unlocking, the Circulating Supply of BLUR has increased from 4 billion to 22.5 billion, and the price of the coin has dropped by 90% during the same period.
BlockBeats news, on March 18, according to on-chain analyst Yu Jin monitoring, when BLUR went live in early 2023, the price was around $1, with a Circulating Supply of 4.1 billion USD. Now the BLUR price has dropped to 0.1, a decrease of 90%. The Circulating Supply has only dropped by 40% (from 4.1 billion USD to 2.35 billion USD). Due to more than a year of monthly unlocks, the Circulating Supply of BLUR has inflated from the initial 400 million to the current 2.25 billion, an increase of 4.6 times.