💰 MAGIC EDEN LAUNCHES TOKEN & NFT BUYBACK PROGRAM

Leading NFT marketplace Magic Eden has announced a major buyback initiative, committing 30% of secondary market revenue to repurchases. The program will split evenly between buying back their $ME token (15%) and NFTs within the Solana ecosystem (15%).

Market Strategy
This creates direct buying pressure for Magic Eden's token ME and could provide support for Solana-based NFTs. Consider monitoring $ME for potential price appreciation from reduced circulating supply, while Solana $SOL may see secondary benefits from increased ecosystem activity.