The ME Foundation has revealed plans for an upcoming ME token airdrop, where users of Magic Eden's Bitcoin exchange and cross-chain NFT platform will collectively receive 125 million tokens, valued at $312 million based on current estimates. The pre-market price of $2.50 has surged by 233% in the last 24 hours. Despite uncertainties surrounding the conversion of Diamonds rewards to ME tokens, Magic Eden users are anticipating one of the largest community airdrops of 2024. The community allocation matches that of rival platforms and additional tokens are reserved for future airdrops. Magic Eden's expansion to multiple blockchains has solidified its position as a leading on-chain marketplace. The token generation event is expected in the coming weeks, with an eligibility checker to be launched prior to distribution. Read more AI-generated news on: https://app.chaingpt.org/news
Magic Eden Traders to Receive $312 Million Worth of ME Tokens in Airdrop
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