<p>Solana's top NFT marketplace Magic Eden updated its verification layers for NFT collections following a series of fake duped projects. </p> <p>Magic Eden thanked the community for alerting it of fake ABC, or Abracadabra, NFTs, in a <a href="https://twitter.com/MagicEden/status/1610659356693106696" target="_blank" rel="noopener">tweet</a> on Wednesday, <span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">adding that affected parties should contact its help desk.</span></p> <p>Earlier, Magic Eden <a href="https://www.theblock.co/post/199068/magic-eden-unsavory-nft" target="_blank" rel="noopener">blamed</a> third-party cachers for NFT projects displaying wrong images, even adult content, for its collections and claimed it wasn't hacked. </p> <p><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">As one Twitter user showed, supposedly fake ABC NFTs were being sold for 55 SOL, or $740. </span></p> <div id="attachment_199220"class="wp-caption alignnone" style="max-width: 1192px;"><img class="has-caption wp-image-199220 size-full" src="https://www.tbstat.com/wp/uploads/2023/01/Screen-Shot-2023-01-04-at-12.30.19-PM.png" alt="" width="1182" height="1596" /><p class="wp-caption-text">View on <a href="https://twitter.com/HGESOL/status/1610671099456458753" target="_blank" rel="noopener">Twitter</a>.</p></div> <p>The same user also flagged fake NFTs of the popular Solana-based NFT project y00ts. </p> <div id="attachment_199217"class="wp-caption alignnone" style="max-width: 1188px;"><img class="has-caption wp-image-199217 size-full" src="https://www.tbstat.com/wp/uploads/2023/01/Screen-Shot-2023-01-04-at-12.23.18-PM.png" alt="" width="1178" height="1568" /><p class="wp-caption-text">View on <a href="https://twitter.com/HGESOL/status/1610672172397207554" target="_blank" rel="noopener">Twitter</a>.</p></div> <p>y00ts has a 2.5 million SOL ($33.7 million) total trading volume and is Solana's second most popular NFT project, according to Magic Eden. ABC currently sits at fourth place 1.2 million SOL ($16.1 million) total trading volume and maintains a floor price of 165 SOL, or about $2,200. </p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>