It looks alright, but it really isn't much of a logo, it's a ribbon with text. Logos generally seem to be a symbol, manipulated text, or a symbol with sub text.
But if that's how you like your logos, it does look good.
I'd tighten up the text's dropshadow, and remove the '.ME' and try a different font.
Like Darthmaul says....
Try it with a drop shadow. Here is a look with it. I think it does give it more depth..I can't change the gradient of the star though.
Thanks for the suggestions. I think the shadow on the spiked circle looks like effects have been piled on. I tried to go for a simple but memorable logo. I'll see what the circle looks like with a gradient but I tried to steer away from too many gradients on this as well. But thanks for the comments 🙂