$ME Magic Eden (ME) Rockets Over 60% Against USDT 🌕🔥
Magic Eden’s native token ME/USDT has surged dramatically, crossing more than 60% gains in the latest trading session — a powerful breakout in a choppy market. According to real-time data, ME is currently trading well above recent lows and showing exceptional upside momentum, reflecting renewed interest in NFT-centric crypto assets. 
This jump follows broader NFT and marketplace activity growth, with traders pouring capital into ME after weeks of consolidation. Magic Eden, known as one of the leading multi-chain NFT marketplace ecosystems, benefits from deeper liquidity and increased NFT trading volumes across Solana and other blockchains. 
On charts, the ME/USDT pair shows strong bullish candles, signaling short-term sentiment is firmly positive. Traders have noted heightened volume on centralized exchanges like Binance and Gate, reinforcing the validity of the price move. 
Emerging from a broader crypto market that’s seen volatile action recently, ME’s breakout stands out among altcoins that remain range-bound. While Bitcoin and major tokens have faced pressure, ME’s performance underscores the evolving interest in niche tokens with utility attached to real platforms. 
Market analysts caution that while the 60%-plus spike is impressive, volatility remains high, and quick retracements are possible if buyers fade. Cryptocurrencies like ME often react sharply to sentiment and NFT market trends. 
Despite the rally, ME remains well below its all-time highs — but traders see today’s move as a potential catalyst for a broader rebound if the NFT sector continues to gather steam. 
Investors tracking ME/USDT should watch key resistance levels and volume confirmed breakouts to gauge whether this 60% surge morphs into sustained upside or simply a short-lived spike. 
