All You Need to Know About Investing in Magic Eden (ME)

Magic Eden (ME) is a popular cross-chain NFT marketplace and dapp. Originally launched to service the Solana high-performance blockchain ecosystem, Magic Eden now operates across a selection of top-performing blockchains. Here’s how Magic Eden can help you to enhance your NFT trading strategies and more.

Today, Magic Eden is a core component of many NFT traders’ toolsets. The platform has handled more than 70 million transactions totaling more than $6 billion in volume to date. Additionally, it is home to more than 8k curated NFT collections that are traded and viewed by the network’s more than 500k active monthly users.

What Problems Does Magic Eden (ME) Attempt to Fix?

Magic Eden developers want to solve several issues. One is to bring high-performance NFT trading to Solana. When the project launched, it quickly achieved this goal, becoming responsible for more than 80% of all Solana NFT mining and trading volume.

To accomplish this goal, the developers were keen on making the system as easy to operate as possible. Removing the technical roadblocks to NFT minting and trading has paid off greatly for the project, which now spans Ethereum, Polygon, Bitcoin, and more.

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