Cryptocurrency exchange Coinbase announced in its official statement that it has listed the Magic Eden (ME) altcoin with the experimental tag.
ME, a Solana-based altcoin, was recently listed on Binance. The token represents a departure from the recent frenzy of memecoin listings.
Magic Eden, an NFT marketplace in the Solana ecosystem, recently launched its own token, ME. The token, which has been stable since its launch peak, has a market cap of $654 million at the time of writing, and a fully diluted market cap (FDV) of $5 billion, according to CoinMarketCap.
*This is not investment advice.