Magic Eden price

I have cleared $me and forgot about the magiceden team by blocking it. But when I saw Magiceden's S2 end announcement, I still felt that it was too rogue. Median staking return: 73% (3.5 months) Median fee return: 2.5 times Wash trading only affects 20-50 wallets with obvious malicious intent and has no effect on most users. " 1. The staking return is not the amount of coins you stake, nor the value of the pledge. It's the number of trades you make during the season. 2. Encourage brushing transactions, but also backwash transactions, which really makes you understand. Who doesn't know how many real trading volumes there are? 3. Infinitely reducing the weight of pledge is equivalent to pledged as a prisoner. Where is the prison? 4. The community governance behind it is on the one hand, and on the other hand, it is controlled by itself. The amount of community pledge is less than 10% compared to other shares. There is no right to speak.

When I staked my $ME in December 2024, I said I’d be a pain in the ass making @MagicEden accountable, and I’m here for it. They just announced rewards for S2 and S3: 8M and 12M coins respectively. What a joke. They’re tossing crumbs to the community while insiders, team members, and VCs get the real benefits. How? Token emissions. “In crypto, emission is the rate at which new coins are created and released into circulation.” — Gemini According to @MEFndn’s token emission schedule, 250M $ME coins were supposed to be in circulation by end of 2025 purely for the community. Then, massive unlocks for “strategic participants” and “contributors” are planned for 2026. So where are we now? @CoinMarketCap shows 151M $ME coins circulating today. With only 20M more this year, we’re looking at 171M by year end. That is 79M coins short of the promised 250M. They shortened a whole season in 2025 by playing dumb with vague excuses, cut projected emissions by 31 percent, all to give insiders a better shot at cashing out after 2026. They are running out of ideas on how to make the community stake as many coins as possible before the real crash comes; maybe NFTs reviving saves them this time, if it happens. Game is game, they make you chase it with a beautiful leaderboard, you give them your $SOL in high trading fees and high swap fees (btw save a TON of money using @JupiterExchange / @jup_mobile), AND you get $ME in exchange. You may recoup your trading fees, but you take all the risk on volatility on everything else you are buying, and you have to stake coins for 4 years. I gave them a chance, luckily made my money back and I hope you did too, but now I’m fucking off for good from using this platform. Cheers.

Magic Eden season 3 just announced with 12 million $ME in the pool. The biggest season ever!