📣 Magic Eden Token ME to Launch December 10, 2024
posted 3 hr ago
Magic Eden, operating across Ethereum, Solana, Bitcoin, Base, and other EVM networks, has revealed plans to list its native token, ME, on December 10, 2024. The team shared this update via their official Twitter (X) profile.
Magic Eden has set the maximum supply of its ME token at 1 billion. Of this, 12.5% (or 125 million tokens) will be allocated for a retroactive airdrop during the TGE on December 10.
The airdrop will reward users who earned crystals by completing tasks such as:
- Trading NFTs across multiple networks,
- Listing personal NFTs on the platform,
- Building collections of NFTs,
- Engaging with Magic Eden across blockchain networks,
- Utilizing the Magic Eden wallet.
Unlock Crystals on Magic Eden. Source: magiceden.io
The Magic Eden team has published a comprehensive guide to their rewards system in a recent post. ME tokens are currently trading on pre-market platforms like KuCoin, Bybit, Gate, and Bitget, with full trading set to begin on December 10.
Pre-Market Trading of ME on Bybit. Source: Bybit.com
At the time of writing, ME is priced at $2.85 on the pre-market, putting the total retroactive drop value at an impressive $350 million.
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