{"id":6295,"date":"2023-04-21T16:17:58","date_gmt":"2023-04-21T16:17:58","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/04\/21\/nft-flipper-is-manipulating-the-clonex-floor-on-blur\/"},"modified":"2023-04-21T16:17:58","modified_gmt":"2023-04-21T16:17:58","slug":"nft-flipper-is-manipulating-the-clonex-floor-on-blur","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/04\/21\/nft-flipper-is-manipulating-the-clonex-floor-on-blur\/","title":{"rendered":"NFT Flipper is Manipulating the CloneX Floor on BLUR"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The CloneX NFT collection is under the thumb of one market manipulator. This person is using Blur bidding pools to move prices, earning him or her points for the exchange\u2019s upcoming token airdrop. How is the Blur bidder controlling the CloneX floor price?<\/p>\n<figure id=\"attachment_102489\" aria-describedby=\"caption-attachment-102489\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png\" target=\"_blank\" rel=\"noopener\"><picture decoding=\"async\" class=\"wp-image-102489\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png.webp 500w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-300x300.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-150x150.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-56x56.png.webp 56w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-450x450.png.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%201200'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-102489\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png.webp 500w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-300x300.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-150x150.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-56x56.png.webp 56w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-450x450.png.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png\" alt=\"One Blur farmer is impacting the CloneX floor price\" width=\"1200\" height=\"1200\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png 500w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-300x300.png 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-150x150.png 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-56x56.png 56w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR-450x450.png 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><\/a><figcaption id=\"caption-attachment-102489\" class=\"wp-caption-text\">One Blur airdrop farmer is targeting CloneX<\/figcaption><\/figure>\n<h2><span id=\"How_is_the_Blur_bidder_manipulating_the_CloneX_floor_price\"><strong>How is the Blur bidder manipulating the CloneX floor price?<\/strong><\/span><\/h2>\n<p>On Wednesday, the bidder:<\/p>\n<ul>\n<li>Sold 86 CloneX for 2.7 ETH<\/li>\n<li>Bought 60 CloneX for 2.5 ETH<\/li>\n<li>Bought 3 more for CloneX for 2.55 ETH<\/li>\n<li>Sold 3 CloneX for 2.54 ETH<\/li>\n<li>Bid for 300 more CloneX at 2.5 ETH<\/li>\n<\/ul>\n<p>By doing so, the bidder is earning points for <a href=\"https:\/\/nftevening.com\/blur-marketplace-explained-what-you-should-know\/\" target=\"_blank\" rel=\"noopener\">Blur<\/a>\u2018s upcoming token airdrop scheduled for May 1st. Unfortunately, the wash-trading is also driving the floor price incrementally lower with each passing day. He or she is destroying bid walls and any price support the project manages to maintain for short periods of time.<\/p>\n<p>This is frustrating for communities that have had a rough go of it lately like <a href=\"https:\/\/nftevening.com\/what-is-the-rtfkt-clonex-nft-collection-a-guide\/\" target=\"_blank\" rel=\"noopener\">CloneX<\/a>. It\u2019s difficult for organic price action to take place with massive manipulation within dollars of the floor price. Manipulators are willing to lose money in the process of buying and selling. These people believe that the revenue from the upcoming airdrop will outweigh any potential losses.<\/p>\n<p>To make matters worse, rare assets are being devalued as a buyers and sellers are willing to dump them into <a href=\"https:\/\/coinmarketcap.com\/alexandria\/article\/what-is-wrapped-ethereum-weth\" target=\"_blank\" rel=\"noopener\">wETH<\/a> bids for instant liquidity. It can create opportunities for some community members who genuinely like the art, but for profit seekers, it has destroyed any premiums that rarer NFTs used to carry.<\/p>\n<h2><span id=\"What_do_we_know_about_the_upcoming_Blur_airdrop\"><strong>What do we know about the upcoming Blur airdrop?<\/strong><\/span><\/h2>\n<p>The exchange\u2019s third airdrop is scheduled for May 1st. The Blur Twitter account posted instructions, reading, \u201cListing rewards will be as large as bidding rewards. Max listing points = listings x loyalty. The more you list, the more you earn. Listing blue chips helps, and listing more active collections helps.\u201d<\/p>\n<figure id=\"attachment_102488\" aria-describedby=\"caption-attachment-102488\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg\" target=\"_blank\" rel=\"noopener\"><picture decoding=\"async\" class=\"wp-image-102488 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-300x169.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-768x432.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-450x253.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" alt=\"Blur's airdrop farming has been a huge force in NFT trading\" width=\"1200\" height=\"675\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-300x169.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-1024x576.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-768x432.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-100x56.jpg 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-450x253.jpg 450w\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-102488 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-300x169.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-768x432.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-450x253.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg\" alt=\"Blur's airdrop farming has been a huge force in NFT trading\" width=\"1200\" height=\"675\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-300x169.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-1024x576.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-768x432.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-100x56.jpg 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/Fphh8SwaUAATv5S-450x253.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><\/a><figcaption id=\"caption-attachment-102488\" class=\"wp-caption-text\">Blur\u2019s upcoming airdrop is scheduled for May 1<br \/>Image Credit: Blur<\/figcaption><\/figure>\n<p>The previous airdrop provided much-needed liquidity for the NFT space. Many NFT investors, however, are looking forward to end of the era of Blur airdrop farming.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/nft-flipper-is-manipulating-the-clonex-floor-on-blur\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CloneX NFT collection is under the thumb of one market manipulator. This person is using Blur bidding pools to move prices, earning him or her points for the exchange\u2019s upcoming token airdrop. How is the Blur bidder controlling the CloneX floor price? One Blur airdrop farmer is targeting CloneX How is the Blur bidder [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/04\/FuPhoYUWIAM-icR.png","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/6295"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=6295"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/6295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/6296"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=6295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=6295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=6295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}