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

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Magic Eden launched its Ordinals repurchase program, as reported by Odaily. The platform will use 15% of fees to permanently collect Ordinals. The process is automatic and triggers when fees allow a purchase. Traders can check the live price of Ordinals to track value changes. What is the impact on the market? The move adds a new layer to Magic Eden’s token strategy.
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