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by: xpoolPosted on: April 11, 2025

Magic Eden Soars 11%, But Will Its Momentum Last?

Magic Eden witnessed a significant surge of over 11% in price, reaching $0.96. This upward movement was driven by a spike in daily trading volume, surpassing 313%. Despite this positive momentum, market pressure continues to push prices down, even as the cryptocurrency market cap reaches $2.57 trillion. Magic Eden defied this trend, showing an increase in value.

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