ME Surges 24% as Magic Eden and Trump Memecoin Collaboration Sparks Major Market Momentum

The cryptocurrency "ME" is currently trading at 1.056, up 24.38% over the last 24 hours from an open of 0.849, according to Binance data. This significant price increase appears to be driven by the recent announcement of Magic Eden’s collaboration with the Trump memecoin project to launch the official TRUMP crypto wallet, which has generated heightened interest and activity around related assets. Broader market momentum, including a strong rally in major cryptocurrencies such as Bitcoin and Ethereum following a weekend of large-scale liquidations and renewed institutional inflows, has also contributed to overall positive sentiment and increased trading volumes across the sector, further supporting the upward movement in "ME."