Why I was optimistic yesterday about me. Below are the key points regarding Magic Eden's strategic transformation through the acquisition of Slingshot during the adjustment period in the NFT market:
First. By acquiring Slingshot, it enters a broader on-chain trading field, achieving business diversification.
Second. Provides "centralized ease of use + decentralized flexibility," lowering the threshold for crypto trading and opening the doors to DeFi for the general public.
Third. Plans to combine Slingshot's chain abstraction capabilities with fiat entry points like Apple Pay to create a "one-click" cross-chain trading experience, challenging traditional CEXs like Coinbase and Binance.
The reason I planned to invest in this coin yesterday is because of this positive news; a 10% increase is very easy to achieve!