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Messages - Floratap

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Incentivised Posting / Shill / Magic Eden's $ME Token Reaches New Heights
« on: December 10, 2024, 11:08:12 PM »
I wanted to share some exciting news with everyone. Magic Eden's $ME token has just been listed on some exchanges like BingX. This is a significant milestone for the NFT space, and I believe it's worth a conversation.

For those who might not be familiar, Magic Eden is a well known NFT marketplace that enables creators to mint, buy, and sell unique digital assets. The platform has gained considerable popularity in recent months, and this listing is likely to elevate it even further.

So, what does this mean for $ME holders and the wider NFT market? Let's dive in

- Increased liquidity: With the listing, $ME holders can now trade their tokens on a major exchange, which should enhance liquidity and facilitate buying and selling.

- More exposure: The listing will also provide Magic Eden and the $ME token with greater visibility to a broader audience, potentially leading to increased adoption and growth.

- New use cases: With the listing , we might see new use cases for the $ME token emerge, such as staking, lending, or other DeFi applications.

What do you think about this development? Do you believe the listing  will be a game changer for Magic Eden and the NFT market? Let's talk about it




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I don't know about the token you are talking about.  But it can be said that no matter how strong a project is, it will never do well with an exchange like BingX. There would have been a chance to do something good if there were listings on exchanges like Binance, Kucoin.  But if you think it is potential then you can invest there but before investing you must analyze well because these are not popular coins. And new coins are mostly scams. The team does market making on its own by driving up and down coin prices to attract investors.  And later they sell the coins themselves and exit the market with the profit
I'm not sure I agree with that assessment. According to CoinMarketCap, the exchange that listed $ORA is a registered exchange with its own set of metrics and user reviews. They have a large user base and a wide range of trading options. It's always important to DYOR and consider multiple perspectives before forming an opinion

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