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Magic Eden Launches Ordinals Buyback Program, Allocates 15% Fees to Permanent Collection

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Magic Eden launched its Ordinals buyback program, as reported by Bijié Wǎng. The platform will use 15% of fees to permanently collect Ordinals. The process is automatic and triggers when fees are enough to buy an Ordinal. Traders can check the live price of Ordinals to track market movements. What is the impact of this move? More data will follow as the program progresses.
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