Magic Eden finally issued coins, and the first launch of Binance. On the first day, the market value stabilized at more than 5 billion US dollars. This FDV seems very high, but in fact it is not: Because the cumulative financing amount of Magic Eden is as high as 150 million US dollars, and the latest round of financing valuation is as high as 1.6 billion US dollars. The Magic Eden project is really unfateful. After completing the financing, FTX was thunderous, dragging down Magic Eden, which...

Magic Eden finally issued coins, and the first launch of Binance. On the first day, the market value stabilized at more than 5 billion US dollars. This FDV seems very high, but in fact it is not: Because the cumulative financing amount of Magic Eden is as high as 150 million US dollars, and the latest round of financing valuation is as high as 1.6 billion US dollars. The Magic Eden project is really unfateful. After completing the financing, FTX was thunderous, dragging down Magic Eden, which...