ChainCatcher news, according to official sources, OKX Cryptopedia has launched a special event "Meme Arena," and the fourth Magic Eden trading competition is currently underway.During the event, users can complete designated tasks to participate in sharing a reward of 100K USDT in ME tokens. In the future, the OKX Cryptopedia special event "Meme Arena" will continuously add new projects and activity rewards, allowing users to easily participate in the Meme ecosystem through OKX Web3.

ChainCatcher message, Coinbase Assets announced that Magic Eden (ME) is now live on coinbase.com and the Coinbase iOS and Android apps, with an experimental label. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets.

ChainCatcher news, according to CoinDesk, the NFT trading platform Magic Eden launched the token ME on December 10, and its unconventional claiming process has sparked widespread controversy in the industry. Users must download the Magic Eden exclusive wallet and choose to import their existing wallet private key or create a new wallet linked to the original wallet, a practice considered to violate industry security best practices.Security expert Ogle pointed out that the Magic Eden wallet backs up users' private keys and recovery phrases within the app, and there is no clear way to delete this information, which poses serious security risks. Additionally, addresses created in the Magic Eden wallet cannot be imported into mainstream wallets like Phantom using the standard 12-word recovery phrase, requiring an extra private key import operation, which increases the risk of users' assets being stolen.

ChainCatcher message, Binance Wealth Management, one-click buy, flash exchange, leverage, and contracts will be launched on Magic Eden (ME).Binance will launch ME 1-75x U-based perpetual contracts on December 11 at 01:00 (UTC+8). Full position and isolated margin leverage will add ME borrowable assets, as well as ME/USDT full position and isolated margin trading pairs on December 11, 2024, at 01:00 (UTC+8).

ChainCatcher news, South Korean cryptocurrency exchange Bithumb announced that it will launch Korean won trading pairs for Magic Eden (ME) and SynFutures (F).

ChainCatcher news, South Korean cryptocurrency exchange Upbit announced that it will list Magic Eden (ME) token trading, supporting KRW, BTC, and USDT trading pairs. The ME token will open for deposits and withdrawals on December 10 at 23:00 (Korean time), and the specific trading opening time will be notified one hour in advance once liquidity is sufficient.

ChainCatcher news, according to OKX pre-market trading, the Magic Eden token ME has broken through $5.7, up 24.91% in 24 hours, currently priced at $5.73.

ChainCatcher message, Binance will launch Magic Eden (ME) and open spot trading pairs on December 10, 2024, at 23:00 (UTC+8).New spot trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.Withdrawals will open on December 11, 2024, at 23:00 (UTC+8).

ChainCatcher news, the Web3 asset data platform RootData announced on X that Magic Eden trading will start tonight at 10:00 PM (UTC+8).Magic Eden is a cross-chain NFT marketplace that has built a user-friendly platform supported by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments to the blockchain, enabling users to create, discover, and collect unique NFTs. It holds over 80% market share in Ordinals and Runes trading in the Bitcoin DEX market, and commands 60% of revenue share and 29% of user share in the NFT platform.Additionally, RootData released a market capitalization comparison chart for Magic Eden, with data scraping time on December 10 at 13:00.

ChainCatcher news, Magic Eden announced on platform X that the airdrop query page is now open, with a video content in the tweet guiding the query steps.Previous news, Magic Eden co-founder and CEO Jack Lu stated on X, "The eligibility and allocation query for the ME token airdrop will open on December 4. The ME token will have its TGE on December 10."

ChainCatcher news, Magic Eden CEO Jack Lu shared his vision for Magic Eden on social media, stating that soon users will be able to trade all on-chain assets within a single application, similar to Binance or Coinbase, but fully on-chain. By the end of this year, Magic Eden will launch on 10 chains. In addition to NFT trading, there will also be Solana token trading, rune trading, and cross-chain swaps.The ME token will become the growth engine of the application. The progress of the test token is still on track to be launched within this month. To demonstrate a long-term commitment to MAGIC, the founding team of Magic Eden will lock their tokens for at least 18 months after the TGE. To establish consistent incentives with the community, Magic Eden's ME integration will also reward the platform's most long-term and sustained users.

ChainCatcher news, according to the official announcement, Mocaverse and Magic Eden will jointly launch the MagicMoca NFT Launchpad, a platform specifically designed for the Mocaverse community to facilitate the release of gaming and IP NFT projects.MagicMoca will use MOCA Coin as the primary currency for its sales activities, while Magic Eden will accept MOCA Coin as one of its preferred currencies for market transactions. In addition, Magic Eden will fully integrate Mocaverse products, allowing Moca ID users to participate in NFT releases and build their on-chain reputation through NFTs.

ChainCatcher news, according to a report by CoinGecko, in August, Magic Eden's trading volume reached $122.47 million, ranking first with a market share of 36.7%. Blur's market share dropped from 35.4% at the beginning of the year to 25.4% last month, ranking second, with a trading volume of $84.69 million in August. OpenSea's market share is 19.9%, ranking third, with a trading volume of $66.52 million in August.

ChainCatcher news, according to TheBlock, may be influenced by Magic Eden's announcement of an upcoming airdrop of ME tokens. The NFT trading volume on Magic Eden has started to recover, with daily trading volume soaring from around $1 million to a recent average of $30 million, recently peaking at a daily trading volume of $60 million.Matt Szenics, the director of the ME Foundation, stated, "The era of single-chain maximalism is over." Currently, Magic Eden's total trading volume across all networks is $6 billion, accounting for 60% of all NFT revenue and 80% of all Bitcoin Ordinals and Runes trading volume.

ChainCatcher news, according to Cointelegraph, data from CoinGecko shows that the NFT trading platform Magic Eden led the market in August with a trading volume of $122.47 million, capturing 36.7% of the market share, marking the sixth consecutive month at the top of the NFT trading volume chart.The three major platforms, Magic Eden, Blur, and OpenSea, together control 82% of the market share. Among them, Blur ranks second with a trading volume of $84 million, holding a market share of 25.4%, down 83.2% from nearly $500 million in January this year. OpenSea ranks third with a trading volume of $66.5 million, with a market share of 19.9%, which is an increase from 9.9% in January, but still far below its previous market dominance.It is worth noting that the entire NFT market continues to decline. According to data from CryptoSlam, the total monthly sales of NFTs in August were only $374 million, a decrease of 76% from the peak of $1.6 billion in March 2024.