Gate News Bot news, on October 27, according to CoinMarketCap data, ME (Magic Eden) is currently priced at 0.54 USD, with a rise of 22.87% in the last 24 hours, reaching a high of 0.54 USD and a low of 0.41 USD. The current market capitalization is approximately 89.9 million USD, an increase of 16.7 million USD from yesterday.
ME represents the most powerful cross-chain trading, minting, and wallet protocol suite. As the official token of Magic Eden, ME will represent the largest on-chain user community. The ME community has the most influential protocols, providing an end-to-end user experience for NFT and fungible token trading. Currently, the ME ecosystem has over 3.5 million wallets, total trading volume exceeding $6 billion, activated over 1,000 creators, covering 8 blockchains, and total trading times exceeding 7,000.