ME Surges 32% as Magic Eden Partners With TRUMP Memecoin, Trading Volume Tops 13 Million

The asset currently trades at 1.135, up 32.75% from the 24h open of 0.855, with trading volume exceeding 13 million ME/USDT in the past 24 hours. The significant price increase is primarily attributed to Magic Eden's announcement of a collaboration with the TRUMP memecoin project to develop the official TRUMP Wallet, which has driven heightened trading activity and investor interest. Broader cryptocurrency market strength, supported by positive sentiment, institutional inflows, and ongoing developments across major assets, has also contributed to the overall favorable environment for price appreciation.