2026-01-10 19:24:22

Magic Eden's ongoing buyback of the Quack Heads series NFTs has attracted attention. In a recent transaction, the exchange successfully auctioned off Quack Heads #273, marking its 4th time removing this series from the market permanently. This acquisition strategy is effectively gradually reducing the circulating supply of the NFT series. Through continuous market intervention and buyback activities, Magic Eden's support for the Quack Heads series is evident, and such measures are often seen as market participants' vote of confidence in the project's prospects.

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NotFinancialAdviser

· 13h ago

Hmm... Magic Eden's move this time is really throwing money around. Is this the 4th time? It feels like they're injecting blood into the project.

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ZkProofPudding

· 20h ago

Is this move a bit aggressive, just relying on buying to pump the price? --- Magic Eden is playing the supply game, kind of interesting. --- Wait, permanently removing? Isn't this just raising expectations before cutting the grass? --- This is the 4th time, how much money does it take to throw in... Truly optimistic or has other motives? --- Feels like they're just endorsing the project team, can you trust it? --- Damn, this tactic is old school, compressing supply just to push up the price. --- Gotta say, Magic Eden's move is definitely siding with Quack Heads, full marks for confidence.

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WhaleInTraining

· 20h ago

Damn, Magic Eden's move feels like they're just playing the supply trick.

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AirdropBuffet

· 20h ago

Magic Paradise is serious about this move, retracting four times in a row. You must really believe in this series to do that. This is voting with money. What does it mean when they’re willing to spend big on buybacks? Both the project team and the platform are confident. The supply is decreasing more and more. I understand this tactic, but it all depends on whether they can turn around their reputation later. Partners are pouring real money in, so the retail investors should wake up now. Four buybacks and still going? This pace is a bit intense. Honestly, it’s about whether they’re optimistic or not. Buybacks don’t lie.

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