February Blue-Chip NFT Recap

Blue-chip NFTs rang in the new month with a bang after muddling along with a rather self-defeating aimlessness in the preceding months. Following a moderate pullback in January that allowed the market to take a breather, trading activity resumed energetically, which fleshed out the narrative of a brewing bull market while offering desolate traders a glimmer of hope.

Above all, the spectacular BLUR token airdrop on February 14th, which had been long-awaited by professional and casual NFT traders alike, provided a massive financial stimulus that traders immediately poured back into the market, rotating their funds into fundamentally sound blue-chip NFTs in the process.