**NFT News Roundup: Magic Eden's New Token, Bitcoin Runes' Success, and Market Trends**

**Magic Eden Launches ME Token**

- NFT marketplace Magic Eden is rolling out its own token, ME, to boost cross-chain trading and enhance decentralized applications (DApps).

- The token aims to drive the platform's growth and incentivize trading on major blockchain networks.

**Bitcoin Runes' Impressive Performance**

- The Runes protocol on Bitcoin has generated $162.4 million in fees with over 15.6 million transactions in just four months.

- On April 23, Runes transactions accounted for 81.3% of Bitcoin's network bandwidth.

**CryptoPunk Sale Sparks Debate**

- A recent $24 million sale of a CryptoPunk NFT has led to mixed reactions. Some Web3 experts suggest it indicates a market bottom, while others believe it signals the end of the NFT craze.

**NFT Market Shows Signs of Recovery**

- Despite some negative sentiments, weekly NFT sales volumes have turned positive, with Ethereum, Solana, Polygon, and Mythos Chain seeing gains.

- Bitcoin-based NFTs, however, saw a slight dip, with a 7.01% decrease in weekly sales volume.

Stay tuned for more updates on the ever-evolving NFT landscape!