Jack Lu, the co-founder and CEO of Magic Eden, announced that he and his company plan to lock their ME tokens for 18 months. Jack Lu stated on the X platform that Magic Eden is committed to long-term development and has no intention of prioritizing short-term price fluctuations. To double down on this commitment, he and his co-founders will lock the ME tokens for 18 months.

PANews reported on December 9 that Magic Eden co-founder and CEO Jack Lu posted on X that Magic Eden is committed to long-term development and has no intention of prioritizing short-term price changes. In order to redouble our efforts, my co-founder and I will lock our ME tokens for 18 months.

Magic Eden CEO announces locking ME tokens for 18 months to support long-term development