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SHILL Issue 65

Solana ecosystem magazine

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@guild512<br />

MagicEden adds Ethereum integration<br />

An image was leaked that seemingly seemed to show an Ethereum column in MagicEden.<br />

Till this point, MagicEden is purely a Solana NFT marketplace. With all the positive<br />

news surrounding MagicEden, like their unicron valuation and venture announcement,<br />

the integration of Ethereum NFTs seems like another piece of NFT news for the<br />

Web3 company.<br />

On the leak, MagicEden replied to it on twitter, saying “(l)et’s just pretend there<br />

wasn’t a screenshot of the ‘New Collections’ carousel floating around Twitter, and<br />

there’s definitely no big announcement coming up soon”.<br />

Fans of the platform are likely excited with all the positive news and seems another<br />

one is just around the corner.<br />

NFT prices tumble further<br />

The floor prices of some of the top NFT<br />

collections have been crashing in recent<br />

weeks, both in US dollar and Ethereum<br />

terms. The shrinking of NFT floor prices<br />

of NFT projects have accelerated over<br />

the past week, particularly those projects<br />

with the highest volumes; Bored Ape<br />

Yacht Club (BAYC), Mutant Ape Yacht Club<br />

(MAYC), and CryptoPunks, data from DappRadar<br />

showed on Monday.<br />

In the past day alone, floor prices in US<br />

dollar terms of the three popular collections<br />

are down 31%, 27%, and 16%,<br />

respectively.<br />

Floor price refers to the lowest price<br />

that an NFT from a collection can be<br />

purchased for. It is often used to measure<br />

how popular different NFT collections<br />

are.<br />

12<br />

<strong>SHILL</strong> <strong>Issue</strong> #<strong>65</strong>

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