$USUAL After investing for so many years, the general upward trend is low-volume increase, high-volume increase, low-volume decrease, then low-volume increase, high-volume increase. Now the trading volume has consistently maintained at 300 million. If it really goes to $1.6, I estimate the trading volume will need to reach 600-1,000 million, which is quite unlikely... It would be better to have a low-volume decrease, drop to several tens of millions, then low-volume increase, and then high-volume increase, easily breaking $2.
$USUAL has reduced its position from 5000 to 2000, the interest rate for the increase is small, and it has shifted to other coins. The other coins have risen, and then it came back to buy it. It has been horizontally trading at a high level without rising, and the volume is clearly decreasing, indicating an impending correction. If it can't go up, it can only come down. The real pump is when you can't get on the bus; it’s dragging on, and there are doubts about whether it’s offloading. At this time, buying it has more risk than reward, while shifting to other coins actually has more reward than risk! Only when the volume shrinks to a few hundred dollars can it surge higher!
$USUAL Why am I optimistic about it? The newly added fans are all big names. Hsaka, Andrew, and Per are all big Twitter traders. Binance and CZ are their fans! The brand influence behind it
$ETHFI ethfi belongs to the re-staking track, the total market value of the re-staking track is 10 billion, ethfi accounts for 4 billion, basically making it a leader in re-staking! I bought 10,000.
$USUAL 1.38 sold 500, there are 2500 left, 1.25 bought 3000, earned more than 10 points, now the volume is insufficient, the risk is gradually increasing. So sell some, retreat and attack! Comfortable
Brothers followed by $USUAL have probably made a lot. Yesterday bought at 1 dollar and sold at 1.4, today bought at 1.26, watching the situation to sell.
Magic Eden's profitability performance is as follows:
• Annual Revenue: Magic Eden's revenue reached $182.3 million in 2024, a significant increase compared to $96 million in 2022.
• Number of Users and Market Share: In the past month, Magic Eden's number of users reached 156,000, with a market share of 31.6%, leading the second-ranked OpenSea by about 20,000 users. In terms of transaction revenue, Magic Eden's transaction revenue in the past month was $2.8 million, with a market share of 45.4%, leading the second-ranked OpenSea by about $600,000.
• Transaction Revenue: Magic Eden's platform transaction revenue in the past month was $2.8 million, with a market share of 45.4%, which is 9.3 times the revenue of the issued token platform Blur ($301,000).
• Active Users and Revenue: In the past 30 days, Magic Eden also had the highest revenue, reaching $1.8 million, far ahead of OpenSea and Tensor.
• Annual Transaction Revenue: Magic Eden's annual transaction revenue exceeds $60.3 million, more than three times that of second-place OpenSea.
• Employees and Valuation: Magic Eden has 155 employees, with each employee generating approximately $139,750 in revenue. Magic Eden's total funding amount is $157 million, with a current valuation of $1.6 billion (as of June 2022).
• Revenue Growth: Since its establishment in 2021, Magic Eden has shown continuous revenue growth, reflecting its expanding user base and increasing popularity across various industries.
In summary, Magic Eden has demonstrated strong profitability and growth momentum in the NFT market, showing its leading position in the industry in terms of number of users, market share, and transaction revenue.