Sea
Sea|2月 27, 2026 02:04
According to Blockspace, Magic Eden plans to shut down the BTC and EVM multi chain NFT markets, as well as his wallet Magic Eden started with Solana and seems to be shrinking its business to focus on the Solana chain. His products have long been more than just trading NFTs, token trading is also an important part. When Runes was first released, the Runes token trading product designed by Magic Eden had a great experience, and I even wrote a tweet praising it. https://((x.com))/Sea_Bitcoin/status/1826926414639329741 When ME first started TGE, the wallet product he released had a very impressive design from a growth perspective. At that time, he thought its goal was to compete with OKX Wallet, but later the resource investment was clearly not as good as several CEX https://(x.com)/SeaBitcoin/status/1864453319676371371 Pure NFT trading has long been neglected, and ME has finally faced reality. The token ME has dropped by over 99% from its peak. Looking back now, when the BTC price was between $22k-40k, the "BTC ecosystem" we were playing in may have been one of the few periods when retail investors could earn Bitcoin. Does anyone miss that period?
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