Magic Eden to Support Runes Token Standard on Bitcoin After Ordinals NFT Success
• Magic Eden NFT marketplace plans to support new Runes token standard on Bitcoin after success of Ordinals NFTs • Runes is a fungible token protocol created by Ordinals developer, more efficient way to mint tokens on Bitcoin • Magic Eden sees big potential for native activity on Bitcoin, Runes will "supercharge" ecosystem further • Magic Eden marketplace volume recently jumped to #1 amid rising interest in Bitcoin NFTs like Ordinals • New Ink NFT project launch on Bitcoin Ordinals drove $18.8 million in volume to Magic Eden in last 24 hours