{"id":61856,"date":"2025-10-27T14:47:30","date_gmt":"2025-10-27T14:47:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/magic-edens-me-token-soars-35-reclaims-0-60-amid-big-week-ahead-hype\/"},"modified":"2025-10-27T14:47:30","modified_gmt":"2025-10-27T14:47:30","slug":"magic-edens-me-token-soars-35-reclaims-0-60-amid-big-week-ahead-hype","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/magic-edens-me-token-soars-35-reclaims-0-60-amid-big-week-ahead-hype\/","title":{"rendered":"Magic Eden\u2019s ME token soars 35%, reclaims $0.60 amid &#8216;big week ahead&#8217; hype"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/magic-eden-me-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/magic-eden-me-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/magic-eden-me-token-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/magic-eden-me-token-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50.<\/li>\n<li>Trading volume jumped 1,280% to over $129 million to signal buying pressure.<\/li>\n<li>\u201cA big week\u201d ahead and other potential catalysts could boost ME bulls.<\/li>\n<\/ul>\n<p>Magic Eden\u2019s native token, ME, has experienced a significant price surge in the past 24 hours.<\/p>\n<p>Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls\u2019 gains coming amid a retest of a key technical barrier.<\/p>\n<p>As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.<\/p>\n<p>But what could help ME price in the short term?<\/p>\n<h2>Magic Eden among top gainers as price pumps 35%<\/h2>\n<p>Per CoinMarketCap data, Magic Eden\u2019s ME token is one of the standout performers in the cryptocurrency arena today.<\/p>\n<p>The token\u2019s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million \u2013 the metric is up 1,280% in the past 24 hours.<\/p>\n<p>This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.<\/p>\n<p>ZEC <a href=\"https:\/\/coinjournal.net\/news\/zcash-price-outlook-as-zec-retests-270-level-whats-next\/\">hovered around $270<\/a> on October 24, but was near $350 at the time of writing.<\/p>\n<p>On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.<\/p>\n<p>While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.<\/p>\n<p>ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.<\/p>\n<p>RSI at 60 suggests bulls have more room to aim for gains.<\/p>\n<figure id=\"attachment_343380\" aria-describedby=\"caption-attachment-343380\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-343380\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/10\/magic-eden-me-chart.png\" alt=\"\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-343380\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/MEUSD\/\" target=\"_blank\" rel=\"noopener\">Magic Eden price chart<\/a> by TradingView<\/figcaption><\/figure>\n<h2>What could help Magic Eden price higher?<\/h2>\n<p>Several factors appear to have converged to ignite this pump.<\/p>\n<p>Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: \u201cBig week ahead.\u201d<\/p>\n<p>This <a href=\"https:\/\/x.com\/MagicEden\/status\/1982644881706430717\" target=\"_blank\" rel=\"noopener\">post<\/a>, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform\u2019s growth.<\/p>\n<p>Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.<\/p>\n<p>ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms <a href=\"https:\/\/www.dynamic.xyz\/blog\/dynamic-is-joining-fireblocks\" target=\"_blank\" rel=\"noopener\">announced<\/a> on October 23.<\/p>\n<p>As a key user of Dynamic\u2019s developer platform, Magic Eden could benefit significantly from this integration.<\/p>\n<p>Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.<\/p>\n<p>Magic Eden\u2019s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.<\/p>\n<p>The deal merges Fireblocks\u2019 institutional-grade custody with Dynamic\u2019s agile tools, creating what executives describe as the \u201cfirst complete custody-to-consumer stack\u201d for on-chain finance.<\/p>\n<p>Overlaying these platform-specific tailwinds is a broader crypto market rebound.<\/p>\n<p>While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin\u2019s climb to $116,000 and Ethereum\u2019s break to $4,200 has bulls excited.<\/p>\n<p>The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.<\/p>\n<p>The macroeconomic lift could spill over to altcoins like Magic Eden.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/magic-edens-me-token-soars-35-reclaims-0-60-amid-big-week-ahead-hype\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50. Trading volume jumped 1,280% to over $129 million to signal buying pressure. \u201cA big week\u201d ahead and other potential catalysts could boost ME bulls. Magic [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":61857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61856"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61856"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/61857"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}