Magic Eden’s new token ME has made a rapid debut, but has been plagued by airdrop access issues. The token, which saw a valuation of $15 billion in its first trading moments, has fallen to $5 billion as more users process their airdrops.

- Users complain about Magic Eden’s complicated airdrop process.

- Security concerns could threaten user privacy.

- The Magic Eden wallet backs up users’ recovery phrases and private keys.

How do you think these types of vulnerabilities will affect the crypto world? Let’s discuss in the comments! 🚀🔍