Let's analyze the facts and the data—no exaggeration, just the harsh truth. Unlike others who manipulate the market behind closed doors, the data speaks for itself, and time will reveal everything. Here’s why $ME is one to watch closely:
1. The Korean market is still not open
The Korean cryptocurrency exchange has announced that trading for $ME will start at 9:30 AM Beijing time, but it has still not opened. This means that the massive influx of buyers from Korea, known for their aggressive market behavior, have not even joined the game yet. Selling right now would be a rookie mistake—hold your ground for the next big wave.
2. Prices on Coinbase and On-Chain Exceed Binance
The current price on-chain and Coinbase (CB) for $ME is trading 8% higher than Binance. This indicates a fabricated price suppression on Binance. The greater the pressure, the stronger the explosive movement when that pressure is finally released. It’s only a matter of time before this discrepancy self-corrects - prepare for the upcoming surge.
3. Airdrop Distribution Clarified
About 70% of the airdrop has been distributed so far, with the highest number of individual requests limited to 150,000 orders. Claims of 600,000 circulating airdrop tokens are completely misleading. These exaggerated figures have been created to incite panic and force early sell-offs. Don't be fooled - hold your position and trust the verified data.
4. The Magic Eden Effect is Real
The ME token is backed by some of the most influential figures and communities in the cryptocurrency world. From the SOL chain to the BTC chain, prominent English-speaking communities are actively promoting $ME. Even on X (formerly Twitter), posts related to $ME are trending globally, supported by renowned KOLs in the cryptocurrency field. This is not an average token backed by VCs - $ME has attracted the attention of global cryptocurrency leaders, making it a top contender for long-term growth.
5. Market Potential Underestimated
Currently, the market capitalization of $ME stands at $7 billion, while similar test network projects with minimal activity, like $MOVE VE, have a valuation of $12 billion. Ask yourself: who is overvalued and who is undervalued? The distribution of $ME tokens is very fragmented, making it ideal for market makers to drive price movements. With the weak players from last night eliminated, the groundwork for a stronger rally has been laid.
Final Thoughts
$ME has witnessed an incredible increase of +1850%, and the journey is far from over. The real momentum has just begun. Hold your position and be patient - the biggest moves are often made by those who resist the temptation to sell early. The performance has just begun, and $ME is gearing up for its next act.
Be prepared and stay vigilant - this is where the market separates the winners from the rest.
