ME暴跌，空投砸的盘还是项目方出的货？VC币真的不如meme
ME token total supply is 1 billion, initial circulation is 125 million airdrop tokens, other token distributions will be gradually released over 4 years. Due to the good price performance of recent airdrop projects like Hyperliquid and Movement after TGE, plus Magic Eden is currently the leader in the multi-chain NFT trading market, the community has high expectations before the token goes live:
“ME opening price looks at 10 dollars, long-term is expected to reach 30 dollars”“ME airdrop distribution is relatively reasonable, taking care of most real users, platform big players, and yield farmers”“ME price benchmarks HYPE, but it shouldn't be worse than MOVE's opening”
Of course, there are community members who remain rational, believing that ME's pre-opening price is already too high:
“I have already shorted ME in pre-market trading on OKX, current FDV is already higher than its own value”
“Sell ME right after opening, 100 billion FDV at the start is just going to crush VC”
After the opening, the trend indeed matched expectations, after a spike it started to sell off, whether it was the airdrop portion that sold down or the project party itself, remains unknown. Looking back at the previously mentioned meme sector,
0.5's GOAT has been affected by the news of going live on OKX, and has quickly doubled to 0.915.
1's squirrel PNUT has risen 40% in a short time due to news from the Coinbase roadmap, currently at 1.2 with a 20% profit.
ACT and MOODENG both have over 20% gains. These are also public secrets, always shouting to bottom fish during big drops. This year's MEME sector is the most eye-catching, and the rebound after the stop-loss will definitely be their first to run.
Since the airdrop, Magic Eden (ME) has been struggling with its price, with 75% of the 125 million tokens already claimed. Most transactions occurred within the first hour, when over 60 million tokens were claimed, while the remaining 25% is expected to be gradually claimed, which will not cause significant price fluctuations.
