on binance 13 and on other exchanges 17

Before the airdrop, the crypto community was actively discussing the price at which the $ME token would be traded after the launch. Many analysts predicted that the Magic Eden asset would debut at $4.50. Ahead of the launch, the coin's price on the Whales Market rose from $6.40 to $7.00. In the premarket, the ME rate was $4. $SOL $PEPE
As a result, the launch of the Magic Eden cryptocurrency exceeded all expectations. Within a few minutes, the price of ME reached $17, and the capitalization soared to $1.6 billion. However, after 20 minutes, the figure fell, stabilizing at $700 million by the end of the day.
The reason for the sharp correction was the selling pressure from users who received ME during the distribution and rushed to cash out the airdrop. Some were able to earn significant amounts on the airdrop. For example, one trader received $586 thousand.#2024withBinance