$ME
The **$ME** token is the native token of the Magic Eden platform, a well-known decentralized NFT marketplace primarily trading on blockchain networks such as Solana, Bitcoin, and Ethereum. Magic Eden has established itself as one of the leading multi-chain trading platforms.
The **$ME** token plays a vital role in the Magic Eden ecosystem, used for paying transaction fees, participating in staking, and governing the platform. The total supply of this token is 1 billion tokens, with approximately 12.5% (125 million) to be released through airdrop. The release of this token focuses on encouraging community participation, rewarding those who engage in staking, and allowing them to participate in the governance decisions of the platform.
The launch of **$ME** is an important step for Magic Eden to further strengthen its decentralized ecosystem. Airdrop and staking features are designed to reward users who have participated in the platform beforehand. The initial listing price of **$ME** is **3 USD**, with price predictions fluctuating between **2 USD** and **5 USD**.
