Magic Eden (ME)

$0.05770  -2.04%  24H

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  • OCT News Media Influencer C
     1.94K  @news_oct

    A new Magic Eden lawsuit accuses the marketplace and its founders of misleading $ME token buyers. Plaintiffs say promised features never fully arrived. Read More 👇 https://t.co/jEVUQTzROg https://t.co/PPPkXsGWtb

    OCT News Media Influencer C
     1.94K  @news_oct

    With reactions from the $ME and crypto community 🔽 https://t.co/CVf1PmwnPZ

     3  1  144
    Original >
    Trend of ME after release
     Extremely Bearish
    Magic Eden faces a lawsuit for misleading $ME buyers, and the token has dropped 99%.
  • BeInCrypto Media Educator D
     86.90K  @beincrypto

    Magic Eden's problems are piling up. A class action alleges investors were promised governance, rewards, buybacks, and real utility for $ME that never arrived. Meanwhile, Ordinals OG and solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u creator @LeonidasNFT claims Magic Eden shut down its Ordinals marketplace and paid mid-tier $ETH influencers to FUD Ordinals. Bullish, bearish, or done with Magic Eden? Let us know. 👇

     3  0  1.06K
    Original >
    Trend of ME after release
     Extremely Bearish
    Magic Eden faces lawsuit, $ME token crashes, accused of FUD Ordinals.
  • zubic Founder NFT_Expert C
     32.28K  @zubic_eth
    zubic Founder NFT_Expert C
     32.28K  @zubic_eth

    Magic Eden is being sued over allegations that it misled buyers of its $ME token. Plaintiffs claim the marketplace promised features like multi-chain support, governance, staking rewards, revenue sharing, and token buybacks to drive demand, but many of those features were either delayed, changed, or never delivered. The lawsuit seeks damages on behalf of anyone who purchased $ME, alleging buyers overpaid based on promises that weren’t fulfilled.

     152  40  12.62K
    Original >
    Trend of ME after release
     Bearish
    Magic Eden faces a lawsuit over allegations that its $ME token misled buyers and failed to deliver promised features.
  • 吴说区块链 Media Educator D
     177.62K  @wublockchain12

    The U.S. District Court for the Eastern District of New York has accepted a class action lawsuit against Magic Eden. Plaintiffs Jaime Pagan, Ariel Ruano, and Chris Sadowski allege that Magic Eden and its executives made misleading statements when promoting the ME token, portraying it as a core token supporting the rapidly growing online asset market, but numerous promised features were not delivered or were significantly delayed, causing investors to suffer losses. Defendants include Magic Eden co-founders Jack Lu, Zhuoxun Yin, Sidney Zhang, Zhuojie Zhou, as well as operating entities Euclid Labs Inc., ME Foundation, among others. The lawsuit does not claim securities law violations but is filed under New York consumer protection statutes, negligent misrepresentation, and unjust enrichment claims. https://t.co/TMnZaPamdP

     0  0  2.17K
    Original >
    Trend of ME after release
     Bearish
    ME token faces New York lawsuit, risk increases
  • Our Crypto Talk Media OnChain_Analyst C
     79.68K  @ourcryptotalk

    Do we now know why $ME is 99% down? There are bad charts and then there's Magic Eden's chart. > The MC has fallen from $500M at launch to $34M > On a monthly timeframe, $ME has only given a positive return twice since launch (those too being less than 5%). Very difficult for Magic Eden to come back from this now.

    Ben D
     7.39K  @BenGruenbaum

    BREAKING: A class action lawsuit against @MagicEden has been filed. This is not a joke.

     14  5  3.97K
    Original >
    Trend of ME after release
     Extremely Bearish
    Magic Eden代币ME暴跌99%，市值从5亿美元跌至3400万美元，并面临集体诉讼。
  • zubic Founder NFT_Expert C
     32.28K  @zubic_eth

    Magic Eden is being sued over allegations that it misled buyers of its $ME token. Plaintiffs claim the marketplace promised features like multi-chain support, governance, staking rewards, revenue sharing, and token buybacks to drive demand, but many of those features were either delayed, changed, or never delivered. The lawsuit seeks damages on behalf of anyone who purchased $ME, alleging buyers overpaid based on promises that weren’t fulfilled.

     152  40  12.62K
    Original >
    Trend of ME after release
     Extremely Bearish
    Magic Eden faces a lawsuit over allegations that its $ME token misled buyers and failed to deliver promised features.
  • pawellwitt Influencer Educator A
     10.54K  @pawellwitt

    GM 🟧 It’s that time of the month again - get ready to claim your 10 cents for staking $ME 💀😂 FYI looks like a class action lawsuit has been filed against @MagicEden recently in New York. It’s happened almost exactly 1 year after Magic Eden was hit with cease-and-desist by Trump family for their plans to launch TRUMP WALLET 😁 smh Will be interesting to see how this goes since, if I’m not mistaken, US citizens are not allowed to use Magic Eden and technically weren’t supposed to be able to claim airdrop. Guess they’ll focus on users who bought on CEXs. 👀 Check out quoted post below for more details ⬇️ 🔸 If you’re looking for info on Oridnals / Runes / Rare Sats visit @Tragic_Eden

    Ben D
     7.39K  @BenGruenbaum

    BREAKING: A class action lawsuit against @MagicEden has been filed. This is not a joke.

     7  4  935
    Original >
    Trend of ME after release
     Extremely Bearish
    Magic Eden faces a class-action lawsuit over misleading $ME token, market sentiment is extremely bearish.
  • 🇲🇦 CRYPTO🇲🇦BLACK🇲🇦TIGER🇲🇦 TA_Analyst Trader C
     22.20K  @CHARTBTC1

    #ME $ME The coin gave a 9% profit. Then a stop loss, and after that it shot up. Congratulations to those who stayed in, 17% profit. And to those who exited, may you find better elsewhere, God willing. https://t.co/1ukqZPtARX

    🇲🇦 CRYPTO🇲🇦BLACK🇲🇦TIGER🇲🇦 TA_Analyst Trader C
     22.20K  @CHARTBTC1

    #ME $ME The stop loss is marked in red, exiting on a two-hour candle close https://t.co/CCKVLgZOBh https://t.co/vU06xVfGSt

     4  1  2.34K
    Original >
    Trend of ME after release
     Extremely Bullish
    ME coin surged sharply after hitting the stop loss, delivering a 17% profit to holders.
  • 🇲🇦 CRYPTO🇲🇦BLACK🇲🇦TIGER🇲🇦 TA_Analyst Trader C
     22.20K  @CHARTBTC1

    #ME $ME The stop loss is marked in red, exiting on a two-hour candle close https://t.co/CCKVLgZOBh https://t.co/vU06xVfGSt

     6  2  1.60K
    Original >
    Trend of ME after release
     Bullish
    ME coin surged sharply after hitting the stop loss, delivering a 17% profit to holders.
  • Shadoss Trader Influencer C
     5.64K  @shadossxd

    Magic Eden bad. @MEonBTC extracted. $ME airdrop was worth a car. But yes let’s get co opted by another centralized marketplace ($ETH) There’s five different marketplaces on Ordinals. Just push one of those. @ARKAiDio is best

    Leonidas 🧡 $DOG D
     240.95K  @LeonidasNFT

    @AdamWeitsman @opensea Petition for @opensea to add support for Ordinals ✏️ Repost to sign https://t.co/6r66iKRPTH

     4  1  700
    Original >
    Trend of ME after release
     Bearish
    The author criticizes Magic Eden and centralized markets, calling for OpenSea to support Ordinals.