Affected by the expectations of the ME airdrop, Magic Eden's trading volume has rebounded, accounting for 80% of the trading volume of Bitcoin inscriptions and runes

2024-09-08 00:13:13

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ChainCatcher news, according to TheBlock, may be influenced by Magic Eden's announcement of an upcoming airdrop of ME tokens. The NFT trading volume on Magic Eden has started to recover, with daily trading volume soaring from around $1 million to a recent average of $30 million, recently peaking at a daily trading volume of $60 million.

Matt Szenics, the director of the ME Foundation, stated, "The era of single-chain maximalism is over." Currently, Magic Eden's total trading volume across all networks is $6 billion, accounting for 60% of all NFT revenue and 80% of all Bitcoin Ordinals and Runes trading volume.

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