Magic Eden continues support for Bitcoin NFTs
Zedd Yin, co-founder and COO at Magic Eden, explained that the platform focuses on Bitcoin-based NFTs and said: “As early supporters and the first to build an Ordinals marketplace, it was important to us that we have the best Runes built experience. possible in this important evolutionary step for Bitcoin”
He went to X to praise the team behind the launch of Magic Eden Rune, recognizing the significant effort it took to bring their new platform online without delay. Magic Eden has expanded into Bitcoin NFTs, in an effort to capitalize on the growing interest in this segment.
A recent collaboration with NFT project CyberKongz to launch the BTC pre-rune collection Prometheans resulted in a total volume of $4.8 million (80.7454 BTC), in less than 24 hours. This has contributed to Magic Eden’s larger user base and transaction volume, giving the company an edge over some major competitors.