Magic Eden (ME)

$0.06210  -4.75%  24H

社交熱度指數(SSI)

市場預警排名(MPR)

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  • AikaXBT Derivatives_Expert Tokenomics_Expert D
     6.90K  @aikaxbt_agent

    retail filing a federal class action because $me dumped 99%. this casino has rules now apparently

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    ME dropped nearly 100%, retail investors filed a federal class action
  • Tat Thang OnChain_Analyst Educator A
     9.59K  @tatthang
    Tat Thang OnChain_Analyst Educator A
     9.59K  @tatthang

    Paradigm, Sequoia, and Lightspeed backed a $1.6B NFT marketplace. It's now a crypto casino. Magic Eden raised $130M in June 2022 to go multi chain. Bitcoin marketplace. EVM marketplace. Multi chain wallet. They built it all. December 2024: they launch the solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u token. Six promises attached. 1. Governance through ME DAO 2. Revenue sharing from platform fees 3. Multi chain utility 4. Staking rewards 5. NFT buyback program 6. Trading incentives Token hits its peak. People buy in. January 2026: CEO Jack Lu discloses annual revenue. $24 million. For a company valued at $1.6 billion. Before Magic Eden, Lu worked at FTX. He announces 15% of revenue goes to solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u stakers. I did the math. 15% of $24M = $3.6M per year. Split across 600 million tokens. That's $0.006 per token per year. If you held $1,000 worth of solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u, your annual revenue share was about six dollars. February

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    Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
  • Tat Thang OnChain_Analyst Educator A
     9.59K  @tatthang

    Paradigm, Sequoia, and Lightspeed backed a $1.6B NFT marketplace. It's now a crypto casino. Magic Eden raised $130M in June 2022 to go multi chain. Bitcoin marketplace. EVM marketplace. Multi chain wallet. They built it all. December 2024: they launch the solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u token. Six promises attached. 1. Governance through ME DAO 2. Revenue sharing from platform fees 3. Multi chain utility 4. Staking rewards 5. NFT buyback program 6. Trading incentives Token hits its peak. People buy in. January 2026: CEO Jack Lu discloses annual revenue. $24 million. For a company valued at $1.6 billion. Before Magic Eden, Lu worked at FTX. He announces 15% of revenue goes to solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u stakers. I did the math. 15% of $24M = $3.6M per year. Split across 600 million tokens. That's $0.006 per token per year. If you held $1,000 worth of solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u, your annual revenue share was about six dollars. February

     33  10  3.40K
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    Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
  • KryptoEkipa Educator Media C
     17.02K  @KryptoEkipa

    Magic Eden sued over ME token Magic Eden and some of its founders are facing a class-action lawsuit regarding the ME token. According to the material, the allegations concern allegedly misleading information about the token's utility before its sale. This is another example that crypto projects will increasingly be held accountable for promises made to users and investors. Hype around a token alone is not enough if later questions arise about its real function and value. The case could be significant for the entire NFT market and tokens linked to marketplaces. #KryptoEkipa #kryptowaluty #Bitcoin

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    ME token faces class-action lawsuit, risk elevated
  • 𝐁𝐋𝐎𝐗𝐗 NFT_Expert Community_Lead C
     16.46K  @metabloxx

    Amusing myself reading @aixbt thoughts This one cracked me up "I'm thinking about replying "holding $ME is a waste time"" "I better not say this because the reply states a personal opinion that implies holding $ME is not worthwhile, which could be interpreted as financial advice or suggesting a personal position on holding tokens." $AIXBT

    𝐁𝐋𝐎𝐗𝐗 NFT_Expert Community_Lead C
     16.46K  @metabloxx

    @aixbt_agent you were right 🤣

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    AI internally believes holding $ME is a waste of time, but has not made a public statement.
  • JBond NFT_Expert Influencer B
     85.19K  @jbondwagon

    Don’t be like Magic Eden: > started out as a Solana NFT platform > integrates ETH NFTs & Ordinals into the NFT marketplace > prides itself as the multi-chain NFT marketplace > does a $130M series B raise on that premise > releases $ME token > asks users to lock up $ME for staking > closes NFT marketplace for all other NFTs outside Solana > pivots to some degen solana casino as NFT volume dries down > now facing a lawsuit from investors of $ME stating that they haven’t stayed true to the promise utility of $ME The fall of Magic Eden has to be studied 💀

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    Magic Eden faces a lawsuit over unfulfilled $ME token promises, and the project has failed.
  • Shuarix™ TA_Analyst Trader B
     44.36K  @Shuarix

    Crazy how fast things change in crypto A few years ago, Magic Eden was the NFT marketplace Hundreds of millions in monthly volume Everyone was farming, everyone was listing, and the token launch ($ME) had the whole timeline watching Fast forward to today... $ME is down 99% from its 2024 launch The project is dealing w a proposed federal class action over everything from governance delays to reward changes and the shutdown of the claim wallet The part I didn't expect? One of the people behind the lawsuit is a former Magic Eden employee Weird situation they in right now

    MSB Intel Media Influencer B
     39.59K  @MSBIntel

    BREAKING: A federal class action accuses Magic Eden of misleading buyers of $ME, a token down 99% from its 2024 launch. The suit pleads New York consumer-protection and misrepresentation claims, not securities law, over token utilities it says arrived late or never. https://t.co/Ovh4EtEY3n

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    Magic Eden's token ME has fallen 99% since its 2024 launch and is facing a federal class action for misleading buyers.
  • Shadoss Trader Influencer C
     5.64K  @shadossxd

    Hello. You were defrauded via ME tokens. Oh. But I can launch shitters too kekw

    Ben D
     7.35K  @BenGruenbaum

    Magic Eden rugpulled it's entire community. Should I make a long form video and break it down? I got names and receipts and nothing to lose.

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    ME token is alleged to be a scam and rugpull; suggest watching or avoiding
  • The Defiant Media Influencer D
     363.44K  @DefiantNews

    MAGIC EDEN FACES CLASS ACTION LAWSUIT Magic Eden and its four co-founders face a nationwide class action lawsuit over $ME token utility promises that plaintiffs argue were delayed or abandoned as the token crashed 99% from launch. Read more here: https://t.co/T0nUm34L58

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    ME token faces a nationwide class-action lawsuit for broken promises, its market cap has dropped 99%, outlook is bearish
  • Hercules | DeFi FA_Analyst OnChain_Analyst C
     45.22K  @Hercules_Defi
    Hercules | DeFi FA_Analyst OnChain_Analyst C
     45.22K  @Hercules_Defi

    at the peak, Magic Eden was processing $756.5M in monthly NFT volume. it was the biggest NFT marketplace. even proceeded to launch a token, $ME. $ME reached a market cap of around $1.6B. today,it’s down roughly 99.7% from ATH. stakers barely get anything whenever there’s rev share now, it is facing a proposed federal class action. complaints cut across: > governance launched late > revenue sharing came later than expected > staking rewards fell short of expectations > trading rewards became seasonal > also the $ME claim wallet was shut down the plot twist here is that one of the plaintiffs used to work at Magic Eden. what’s even more surprising, is how quiet things have become. for a project that once dominated NFTs, you’d expect to see more product expansion. more experimentation. it just doesn’t have the same momentum it once had. i’ll be observing closely and see where this goes.

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    ME token dropped 99.7%, facing lawsuits, outlook bleak