Magic Eden, currently the most popular NFT marketplace, has launched support for minting and trading on base Today.
Why is this important: According to NFT Pulse, Magic Eden recorded the most users, revenue, volume and royalties paid among all NFT marketplaces over the past week. The core integration allows the platform, which already supports Bitcoin, Ethereum, Polygon and Solana, to tap into the hottest L2 NFT scene, potentially further cementing its dominance.
![](https://bankless.ghost.io/content/images/2024/04/image---2024-04-25T130809.585.png)
What's new: Magic Eden users can now buy and sell existing popular core collections, like Onchain Gaias and Tiny Based Frogs. THE Magic Eden launch bar also celebrates the integration with three new drops on Base:
- 👤 Offline Oracles — The flagship product utility assets from the Offline Protocol ecosystem, these tokens provide access to Offline Arcade and other offline experiences and products; 5,500 NFTs dropping today, April 25, from 0.05 ETH each
- 😎 Friends — 2,222 pretty PFPs from the artist slydropping tomorrow, April 26, for 0.004 ETH each at public currency
- 🎨 JOURNEY – A open edition mint by Japanese illustrator Tsurshima Tatsumi, this drop serves as a pre-sale for the next $TSURU token; 0.0012 ETH per mint, open for 48 hours starting April 26
If you're diving in, you'll also want to follow the Magic Eden activation of Diamond Awards to purchase, reference and make collection offers on basic NFTs. Collections with enhanced rewards currently include Bomefers, Chain Gaias, SamplesAnd Primitives.
It's safe to assume that these points will factor into a future Magic Eden drop, so it makes sense to stack what you can now. In addition, Magic Eden Wallet I just added support for base assets, so that's another potential avenue to consider. track points to consider.
The basic opportunity: The Base NFT scene is up there with Bitcoin Ordinals and Solana memecoins among the hottest areas in crypto right now, with a large portion of all L2 NFT activity now happening on the network.
![](https://bankless.ghost.io/content/images/2024/04/image---2024-04-25T131711.070.png)
However, the primary platform available for primary dropouts and secondary NFT trading on Base is currently OpenSea, which is ripe for disruption. As such, Magic Eden has the opportunity to take over and become THE first NFT hub on Base, and its rise to prominence on L2 can provide new tailwinds for Base’s small and large collections.
Also see: If you followed my recent rune coverageconsider exploring Magic Eden's Rune Dashboard.
Runes' early trading experiences are certainly primitive, but this new platform makes the process as streamlined as possible, and more features are coming. Rune trading isn't for the faint of heart at the moment, but if you're determined to get started, it's certainly a great place to start.