Will the Magic Eden Wallet issue the ME token, can Diamonds be cashed out in the end?

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Will the Magic Eden Wallet issue the ME token, can Diamonds be cashed out in the end?

Solana's popular NFT trading platform, Magic Eden, announced today (8/23) that it will issue the ME token after launching the Magic Eden Wallet, integrating it into the wallet application.

Can Magic Eden Points be Cashed Out?

Alvin, founder of Daily Coin Research, speculated that this might be the moment when the accumulated diamonds points on Magic Eden can finally be redeemed.

He further discovered the connection between Magic Eden Wallet and the BTC ecosystem, with Magic Eden users accounting for over 80% in the Bitcoin ecosystem, which is why Magic Eden proudly claims its first place in the Bitcoin ecosystem. Additionally, Magic Eden has had a trading volume of 84 million USD in the past 30 days, showing that despite the NFT market's winter, there is still a certain amount of liquidity, second only to Blur.

Alvin stated that the users and transactions brought by ME to Magic Eden Wallet are something to look forward to.