Magic Eden, an NFT marketplace, has made strides to overtake competitors like OpenSea in daily trading volume, supporting its position with a protocol enforcing creator royalties and optional royalty model. It has further diversified its operations by launching a marketplace for Bitcoin Ordinals, a creator-focused Ethereum platform, and a cross-chain NFT and Crypto Wallet. Magic Eden steadily embraced Bitcoin NFT transactions, culminating in the early debut of their
Bitcoin Runes Platform. However, it was not all smooth sailing as they had to refund users after fake NFTs were sold due to an exploit.
Elsewhere,
Magic Square, backed by Binance, announced a hefty $66M grant program to democratize retail investor access and adopted a 1inch Swap API. They also instigated a partnership with Google despite previous setbacks to develop metaverse goggles. Coincidentally, Magic Leap is parallelly urging for a focus on real-world applications when creating the metaverse.
Apattern is emerging with Bitcoin (nicknamed
Magic Internet Money), becoming less volatile than stocks as evident in Live Price charts. Meanwhile, a new meme coin craze led by the likes of Dogecoin, Shiba Inu and Apecoin, is predicted to explode during the upcoming bull run. However, it's essential to be aware of potential disappointments, like the Magic Coin Card, which left many users unsatisfied.
On a side note, sports personalities and global leaders exhibited their quirk by using a
Magic 8 Ball, not coin flips, to make vital decisions. An example included Raiders GM Tom Telesco and PM Modi performing impressive magic tricks.
MAGIC Coin News Analytics from Thu, 08 Jan 2015 08:00:00 GMT to Mon, 01 Jul 2024 10:04:00 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -2
