magiceden

ME/USDT: V-Shaped Recovery Ignited

Magic Eden is flashing intense buyer demand, staging an aggressive vertical reversal to reclaim key short-term structural moving averages. With momentum oscillators flipping strongly bullish, the bulls are clearing a direct path back toward local liquidity highs.

Entry: 0.07977 (Current Market Price)

TP: 0.08053 (Recent 24h High)

SL: 0.07684 (EMA 99 dynamic support line)

Ride the structural momentum cleanly and protect your risk capital along the way.

$ME #MagicEden
#CryptoTrading

⚖️ FEDERAL JUDGE DISMISSES MAJOR $ME CLASS ACTION LAWSUIT OVER TERMS WAIVER! 🚨

A US federal court just tossed the class action lawsuit against Magic Eden's parent entity and co-founder over the $ME token. The judge ruled user wallet terms contained a binding class action waiver, stripping federal jurisdiction after $ME took a brutal 98% plunge from its initial narrative pivot. 📉

While CEO Jack Lu remains named as other legal proceedings advance, this ruling sets a massive precedent for protocol Terms of Service acting as an early defense shield. 💡 Smart money tracks legal clarity just as closely as order flow before positioning for structural trend reversals. 🦈

💬 Does this court win give $ME room to establish a macro bottom, or are you waiting for full legal clearance? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ME #MagicEden #CryptoLegal #CryptoNews

🎯 ⚖️

Shock: Over $5.7M worth of NFTs almost vanished from Magic Eden! A “legacy approvals” vulnerability on an old Payment Processor V2 caused a slew of digital assets to be put at risk.

Fortunately, a group of white-hats managed to promptly rescue 23,155 NFTs and move them to safety. However, not everything made it out: 10 Meebits, 50 Otherdeeds, and 660 $WETH were stolen before they were recovered.

This risk stems from old approvals on the Magic Eden EVM marketplace from February to October 2024. This is not a bug from the direct listings themselves, but from those outdated authorizations.

A blunt reminder of the risks posed by old approvals.

Magic Eden advises everyone to IMMEDIATELY REVOKE any old Payment Processor V2 permissions on Ethereum, Polygon, and Base. Have you checked your approval permissions again?

#NFTs
#Security
#MagicEden
$WETH

Scouted the hot spot: Magic Eden’s old contract sparked a big stir—on-chain monitoring spotted an address drained with 0 ETH, and in a short time around 3,832 Ethereum blue-chip NFT tokens were moved from several hundred wallets. It includes Bored Apes and Azuki, estimated value roughly $1.4 million. The community’s first reaction was, “Here we go again.”

Soon, 0xQuit, Yuga Labs’ blockchain VP and security expert, came out to say this is a white-hat rescue: the assets are all in the address 0x71cF…fe33, and once the risk is cleared, they will be returned. CEO Michael Figge also confirmed that the vulnerability was discovered just a few hours ago, and everything is being handled by the 0xQuit team.

Earlier this year, Magic Eden already shut down its Ethereum and Bitcoin markets and shifted its focus to Solana, but the authorizations from the old Ethereum contract were still active, which became the entry point for this incident. As of the time of writing, there has been no official statement.

0xQuit recommends that anyone who previously placed orders on Magic Eden or granted approvals revoke those old permissions as soon as possible using tools like revoke.cash—especially Ethereum Payment Processor V2 and ApeChain Payment Processor V3. If your assets were moved, don’t panic for now; reports say everything is currently safe. Also, don’t click any unofficial links promising “compensation claims” or “security verification.”

Old marketplace contract approvals have always been left hanging, and the risk won’t just disappear on its own. #NFT #MagicEden #Safety

A $5.7M NFT “disappeared” — wait, a white-hat raced ahead of the hackers and salvaged it. The real theft, however, was recorded under another account.

It all starts with a contract permission that had been left unattended for two years. Payment Processor V2. Magic Eden disabled it back in October last year, and this year’s first quarter even shut down the entire EVM market. The official statement was crystal clear: “No live order listings were affected.”

The issue is that even if the system is shut down completely, the “Agree” button you clicked two years ago still keeps the permissions alive. Someone dug up this old key — the white-hats worked through the night to rescue 23,155 NFTs worth $5.7M and stop the hackers. But 660 WETH weren’t rescued in time. Combined with other losses, Revoke.cash estimates that at least $2.8M was actually stolen, including 580 WETH.

The first version that spread was “Magic Eden was hacked,” scaring people into sharing screenshots everywhere. But as it kept circulating, the direction shifted — technical accounts like 0xQuit explained clearly how the V2/V3 vulnerability mechanisms work, and Revoke.cash directly posted links showing how to revoke authorizations. With 74,093 views and 147 shares, it wasn’t pushing panic — it was pushing a responsible task: go check what old permissions you still have in your wallet that haven’t been touched in three years.

The truly valuable lesson is this: shutting down a product doesn’t mean risk is zero. Old authorizations are still live time bombs. V3 is still running — this time, official intervention by hand prevented a bigger disaster.

On this $ME move, I’m leaning toward volatility rather than bearishness — the problem is an old backdoor left in the contract from two years ago, unrelated to today’s platform business. There’s no reason to use that to justify a sell-off. What you should actually watch isn’t the ME price, but the V3 system that’s still running: this time, manual intervention caught it — if it isn’t caught next time, that’s the real signal to panic.

$ME #NFT #Web3Security #MagicEden

The Magic Eden platform is on alert, placing 3,832 NFTs under custody of whitehat. Yuga Labs, via 0xQuit, guarantees that the tokens are safe and will be returned after the risk passes, while holders are advised to revoke NFT permissions.

#MagicEden #NFT #Solana #BinanceSquare

Read more: https://cointelegraph.com/news/magic-eden-nft-whitehat-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A white-hat reportedly grabbed 3,832 NFTs in one go from a few hundred wallets—suspected that Magic Eden has been caught in the act.

Yuga Labs’ 0xQuit said: NFT security—return it once the risk is over.

Strike first; the logic isn’t wrong. But if the white-hat is holding other people’s assets, can they truly be returned along the original route later? Trust is something far harder to “patch” than a vulnerability.

#NFT #MagicEden #YugaLabs

🚨 Security Alert

Magic Eden appears to have a security vulnerability. White-hat hackers transferred 3,832 NFTs from hundreds of wallets.

Reminder for users: Please check wallet authorizations as soon as possible, revoke permission for unfamiliar contracts, and pay attention to asset security.

#MagicEden #NFT #Security

Pick Your Winner for the Weekend! 🏆

✅ $ME (Magic Eden) is the star of the show at $0.1138.
✅ $NEAR Protocol continues its steady climb.
✅ $BANANAS31 proves memes still have juice.

#dyor #LoveBinance💛💛💛
#MagicEden #Near #bananas31

The "Double Storm" of $ME is Approaching—Unlocking the Flood and Leverage Exit Resonance

On June 10th, Magic Eden will unlock 172 million ME tokens (33.99% of circulating supply, roughly $10.36 million). On the same day, Binance will delist the ME/USDC leverage trading pair, further tightening liquidity.

Current price is $0.0595 with a market cap of only $31.7 million. These two major bearish signals combined mean short-term selling pressure should not be overlooked.

The reshaping of the chip structure post-unlock is worth monitoring—after the floating chips are cleared, who will be stepping in to buy?

#MagicEden #Token Unlock

Massive liquidity is on the move now in coin $ME , leading to a rapid price explosion! 🔥
​📉 Trade Details
​📈 Entry Point: 0.06100 - 0.0620
​🎯 Targets:
​Target 1: 0.06371
​Target 2: 0.06650
​Target 3: 0.06900
​Target 4: 0.07200
​🛑 Stop Loss: 0.0590
The chart shows a sharp and sudden bullish push across two green candlesticks supported by high trading volumes, successfully breaking through all exponential moving averages. This explosion coincides with a strong spike in the OBV indicator, reflecting massive aggregate buying liquidity, along with a clear positive crossover of the MACD above the zero line, reinforcing the momentum to test higher price levels.
​Trade here $ME
​#ME #MagicEden #Crypto #Binance

$ME Magic Eden — a lesson we’ll remember for a long time! 🔥

The token has crashed by 99% from its peak, investors are filing a lawsuit, and the multichain idea is falling apart right before our eyes. Court battles and the upcoming unlock are creating hellish pressure on the price. The project is losing trust, and the hate toward Square is through the roof. Right now, this is a playground for bold speculators.

Watch the levels, lock in your profit, and don’t blindly believe the hype! Right here on Binance Square, we discuss the truth while others stay silent.

Subscribe so you don’t miss the breakdowns and signals! 👇

#MEUSDT #MagicEden #КриптоНовости

⚠️ $ME /USDT — Bouncing Off All-Time Lows | MK - $45.76m BUT 24 hour volume $193.16M 🤯
Backdrop: unresolved controversy over allegedly shutting the Ordinals marketplace while paying influencers — "rug" claims circulating. Next token unlock: July 10.

Magic Eden ($ME ) trading at $0.06524, still down 99.7% from its Dec 2024 ATH. Recently hit ATL of $0.0563 before this small bounce.

Key level: $0.056 support. Binance flags this as a Seed-tagged (high volatility) token.

#MagicEden #ME #nft #Binance

What we really need to keep an eye on with Magic Eden isn't just the narrative, but the supply shock: On June 10, 172 million ME tokens will be unlocked, making up about 33.99% of the circulating supply, which is roughly $10.36 million at the current price. That's no small change for a project with a market cap of about $31.69 million.

At the same time, Binance is delisting the ME/USDC leverage trading pair, which could weaken some liquidity and short-term sentiment. If buying pressure is lacking post-unlock, the price could face further downward pressure; if there’s volume but the price doesn’t move up, that would indicate the market has already priced in expectations.

In the short term, $ME is better suited for waiting to confirm volume and support after the unlock, rather than just jumping in at a low price. #MagicEden #BinanceSquare

$ME has seen a massive surge after hitting a 24h low of 0.0907, aggressively pushing up to test a 24h high of 0.1048. After a sharp, volatile retest of the lower support, the price has rapidly recovered and is currently holding strong around 0.1022. This double-bottom style recovery on the lower timeframes shows strong buying interest, pointing toward a continuation of the bullish momentum.
Target 1: 0.1048
Target 2: 0.1064
Target 3: 0.1100
#ME #MagicEden #CryptoAnalysis #Altcoins

$ME - LONG idea👇


📍 Trade Idea
Entry: 0.067150–0.067300 USDT

🎯 Targets:
• TP1: 0.068150
• TP2: 0.068650
• TP3: 0.069150

🛑 Stop Loss: Below 0.066250

DYOR.
#MagicEden #MEUSDT

Is ME ready for a strong bounce? 📈
Guys, ME is looking quite interesting at the current levels. After some steady consolidation, the downside momentum seems to be slowing down, and it is holding a solid support zone.
If buyers start stepping in here, we could easily see a quick recovery wave. I'm adding this one to my immediate watchlist to catch the next impulse move.
Are you guys tracking ME today, or do you have your eyes on other tokens? Let me know below! 👇

#ME #MagicEden #CryptoTrading

$ME Current quote 0.06504 US dollars, 24-hour trading volume 153.35 million US dollars, and market cap of approximately 38.16 million US dollars.

At the moment, the market does not have much recent discussion about Magic Eden. As a well-known platform in the NFT marketplace sector, we can continue to monitor its subsequent ecosystem development.

#NFT #MagicEden

$ME /USDT is holding the 0.0620 support zone with buyers defending the range 🔥📈

A breakout above the 0.0645 resistance could trigger the next upside move.

Entry: 0.06200–0.06300
TP1: 0.06450
TP2: 0.06600
TP3: 0.06800
SL: 0.06050

#ME #MagicEden #Binance
$BANK
$DEXE