Gift Season is Here – New Listing: Magic Eden (#ME )
Magic Eden is a multi-chain #NFT marketplace. Market cap: $666.8M. After listing, the price started at $0.34, spiked to $6.25, and is now holding around $5 on Binance.
According to data:
- Historical low: $4.3
- Historical high: $13.2 (so there’s room to grow).
24-hour trading volume:
- ME: $63.01M
- USDT: $311.90M
Order book activity is mostly small to medium-sized orders as traders are still exploring this token. The next few days will reveal its direction.
New spot trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
This token comes with a Seed tag, meaning it’s an innovative project, so expect higher volatility and risks. Keep this in mind for your trading strategy.
As for the recent $MOVE token, it had a sharp jump to $1.4 but is now gradually declining, trading at $0.61.
DYOR and plan carefully!
