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Magic Eden added support for BRC-20 tokens

  • Users can also create them through the new toolkit
  • Magic Eden remains the leader among resources that support Ordinals and BRC-20
  • The organization’s market share exceeds 42%

The Magic Eden project administration said yesterday, June 27, that the Ordinals offering on the platform will be expanded with BRC-20 tokens.. And the innovation is already available on the website of the resource.

In addition to access to the secondary market, users of the portal will be able to create their own NFTs based on the standard. You can do this through the recently launched “lunchpad.”

Also, Magic Eden tracks the position of a particular token on the market. The ranking of the best of them can be found here. Note that PEPE, thanks to which some traders became millionaires, is only in 7th place.

The leader is the project OXBT. Since the start of trading, the volume of sales on this position exceeds $2.3 thousand (0.078 BTC). This is significantly more than any other asset on the list.</nbsp;

The Magic Eden administration noted that it is part of a comprehensive growth strategy:

“This is another step in our journey to becoming the best NFT platform for the entire Bitcoin ecosystem. 

For the trading portals that support Ordinals and BRC-20, Magic Eden ranks first. It’s being pulled by OKX, but so far the site has been unable to pull ahead. As of June 28, ME has a 42.7% share, compared to OKX’s 23.6%.. However, this does not mean that the leader can pursue a passive market strategy, which is the reason for the expansion of the supply.

This does not mean that the leader can pursue a passive market strategy.