$ME is trading around $0.53 USD, with a 24-hour trading volume of approximately $16.37 million USD, a market cap of about $175 million USD, and a circulating supply of roughly 330 million ME. The token is the governance/utility token of the Magic Eden NFT marketplace (multi-chain: Solana + Bitcoin Runes + EVM chains) and the recent move appears driven by renewed NFT ecosystem interest and elevated listing/volume activity. usage metrics for the marketplace show upticks in cross-chain listing volume. immediate support lies near $0.40 USD, while resistance is around $0.65 USD — a breakout above resistance with sustained volume could signal momentum。