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  3. Magic Eden Introduces Ecosystem for BeraChain and ApeChain, Revolutionizing Crypto Gaming

Magic Eden Introduces Ecosystem for BeraChain and ApeChain, Revolutionizing Crypto Gaming

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Magic Eden Adds Support for BeraChain and ApeChain Blockchains

Magic Eden Expands Support for New Blockchains

Magic Eden, a prominent non-fungible token (NFT) marketplace, has broadened its blockchain support by adding BeraChain and ApeChain to its list. This move brings the total number of blockchains supported by the platform to nine, with plans to increase to ten by the end of the year. Magic Eden is also gearing up to include support for the Monad layer-1 blockchain upon its upcoming testnet launch.

ApeChain’s Successful Mainnet Launch

ApeChain, developed by Yuga Labs and fueled by ApeCoin, recently launched its mainnet to positive reception. With over 360,000 transactions and 1,204 deployed contracts, ApeChain has made a significant impact in the blockchain space. Conversely, BeraChain boasts three main tokens in its ecosystem – BEX, BGT, and HONEY. In April, BeraChain secured $100 million in a Series B funding round, highlighting its potential for growth.

Platform Transaction Insights

The Dune Analytics dashboard by Sealaunch paints a clear picture of transaction volumes on the Magic Eden platform. Solana and Bitcoin lead the way with 42.8% and 42% transaction volume in October. Ethereum has dropped to third place with just over 15%, while Polygon trails with less than 1%. Solana continues to dominate in terms of sales and buyers, with over 72% and nearly 68%, respectively.

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To stay informed about the latest NFT news and developments, subscribe to the NFT Gators newsletter and follow them on Twitter and Telegram for regular updates.

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Magic Eden Introduces Ecosystem for BeraChain and ApeChain, Revolutionizing Crypto Gaming
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Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
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