Binance's announcement to list the token $ME from Magic Eden triggered a significant price rally. (don't forget to enter through my link to support)

The listing of the ME token includes zero trading fees, enhancing appeal and accessibility to the market for users.

Meanwhile, the listing announcement from the Binance exchange comes amid plans for the Magic Eden NFT marketplace to conduct an airdrop of ME tokens after raising nearly 160 million dollars.

As BeInCrypto reported, the ME token is central to the Magic Eden ecosystem, and its upcoming airdrop presents a potentially lucrative opportunity for participants.

The airdrop, which is also considered a token generation event (TGE) for the Magic Eden ecosystem, presents an opportunity for users to list their Solana NFTs (non-fungible tokens) for sale on ME. In turn, they would earn tokens from those sales.