Magic Eden Price Prediction: ME Plunges 50% On Debut After App Issues As This Crypto Wallet Token Races Past $3.3M In Presale
The Magic Eden price plunged 50% in the last 24 hours to trade at $96,117 as of 11:04 p.m. EST on trading volume that skyrocketed to $4.2 billion. This comes after its debut experienced unforeseen issues as the non-fungible token (NFT) platform’s users complained of a buggy mobile app and an overly complex claiming process. my app is stuck, can't claim, people dumping ME like hot cakes. Awesome — 🦸♂️ Papii 🦇🔥 (@OneAndOnlyPapii) December 10, 2024 Magic Eden Price Currently On A Bearish Trend After its launch, the Magic Eden price dropped to as low as $4.4, making this level a formidable support zone, according to data from GeckoTerminal . However, the bulls then took control of the price at this level, pushing the price of Magic Eden up, completing a rounding bottom pattern However, the Magic Eden price then invalidated the bullish sentiments of the rounding bottom pattern as it plunged back to the $5.4 level. Meanwhile, the ...