Will Magic Eden Diamonds Worth Anything?

Will Magic Eden Diamonds Worth Anything?

By Torero99 | Solana Airdrop Season | 15 Apr 2024


 

After the airdrop of Tensor, a lot of people feel that Magic Eden has to do an airdrop as good as them.

The Tensor token was a half success cause they launched their token and it was available on some major CEX (Binance, Kucoin, HTX etc.) immediately.

The token tanked, but that it's not a surprise cause most airdropped tokens first they dump and than they pump.

On Whales Market diamonds are going for 0.10 per diamond. The price surged after the Tensor airdrop from 0.05 to 0.10. To be honest is quite high at the moment and I would not suggest anyone to buy in this pre market conditions.

Soooooo...

Will Magic Eden Diamonds Worth Anything?

I honestly don't think so. They have been farming this stuff for a while, and they let people that didn't use the platform to get a retro diamonds drop (like ETH NFTs users since 2017!).

I think they started farming the farmers at this point.

And one huge problem exists: a lot of wash trading.

 

I used the platform since 2021 and I don't like many things I saw in the past (launching some NFTs that eventually rugged etc.), but these diamonds farming has gone for too long. I'm tired of it. And it really killed the good vibes on the platform cause a lot of users are trying to farm them.

 

I hope they will launch the token before the summer and without shady tokenomics. 

But I have no hope.

 

How do you feel about these diamonds? 

 

Let me know in the comments!

How do you rate this article?

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Torero99
Torero99

Trying to explore the crypto world


Solana Airdrop Season
Solana Airdrop Season

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