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NFT marketplace Magic Eden airdrops ME

NFT marketplace Magic Eden airdrops ME

BlockworksBlockworks2024/12/11 21:22
By:Blockworks

Airdrop claimants are reporting difficulties claiming the airdrop on Magic Eden’s wallet


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After announcing its ME token back in August, Magic Eden finally launched the token today, alongside an impressive number of listings across several tier one and two centralized exchanges.

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About 10 minutes before launch, ME saw a 47% spike from $6.04 to a high of $8.9 on its pre-launch perps on Aevo . Two hours after launch, however, ME has cratered to a $581 million market cap, down 60% from $1.48 billion.

NFT marketplace Magic Eden airdrops ME image 0 Source: OKX

Users are reporting technical difficulties trying to claim the airdrop on the Magic Eden wallet. As part of Magic Eden’s criteria, users had to install its mobile walle t and link their other wallets to prove eligibility for claiming.

Magic Eden originally launched as a NFT trading platform on Solana in 2021, and later also deployed on Polygon and Base.

Magic Eden successfully capitalized on the Bitcoin NFT craze in early 2024, processing about 83% ($1.7 billion) of all Ordinals and Runes NFTs trading volumes in the past year.

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  • 0xResearch Newsletter
  • airdrop
  • Magic Eden
  • NFTs
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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