According to @KookCapitalLLC, Magic Eden played a critical role in both the rise and fall of Runes. The platform's usability issues are cited as a primary reason for Runes' decline, emphasizing the importance of simplicity in successful trading applications, akin to popular iPhone apps like Moonshot.

According to KookCapitalLLC, the Magic Eden platform is criticized for its cluttered interface, which lacks clear and concise trading infographics, such as profit and loss cards. This is seen as a barrier for users who rely on streamlined data presentation for trading decisions.

According to @bolsaverse, Opensea's fully diluted valuation (FDV) of $1.5 billion appears undervalued compared to its competitors, Magic Eden and Blur, which launched at $6 billion and $3 billion FDV respectively. Traders may consider this discrepancy as a potential opportunity, given Opensea's established market presence and the competitive landscape of NFT platforms.

According to Ai 姨, there is speculation that Binance might list Magic Eden's token ($ME) soon. This stems from an on-chain observation where an address, AG8Xp...xW4PM, linked to the token deployment, transferred 1 ME token to Binance three days ago. The token generation event (TGE) for $ME is scheduled for tomorrow, and currently, airdrops are not claimable, suggesting only project insiders or associates possess the tokens. This activity raises the possibility of an impending Binance listing for $ME.

According to Coinbase International Exchange, they will add support for Magic Eden's $ME pre-launch market on both Coinbase International Exchange and Coinbase Advanced. The ME-PERP pre-launch market is scheduled to open on or after 1pm UTC on November 20, 2024. This development provides traders with an opportunity to engage with $ME futures on a reputable exchange platform.

According to Coinbase International Exchange, they will add support for Magic Eden's $ME pre-launch market on both Coinbase International Exchange and Coinbase Advanced. The ME-PERP pre-launch market is scheduled to open on or after 1pm UTC on November 20, 2024. This announcement indicates a new trading opportunity for investors interested in Magic Eden's token.

According to CCData_io, the latest Crypto Roundup features three major stories: Grayscale has launched an Avalanche Trust, providing investors direct exposure to AVAX; Former President Trump has publicly endorsed a new crypto platform aimed at challenging big banks; Magic Eden is expanding its services beyond NFTs with a new mobile app.