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Coin Telegraph

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Image Credit: Coin Telegraph

Magic Eden acquires crypto trading app Slingshot to move beyond NFTs

  • Solana NFT marketplace Magic Eden has acquired crypto trading app Slingshot to expand beyond NFTs.
  • Magic Eden will now support over 8 million tokens across major blockchains.
  • The acquisition aligns with Magic Eden's vision to provide the best platform to trade all assets on all chains.
  • As other NFT marketplaces close amid a market downturn, Magic Eden aims to attract more users away from centralized exchanges.

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