CandleFocus Magic Eden Traders Set to Receive $312 Million Worth of ME Tokens in Airdrop
2024-11-19
Author: Content Editor
The ME Foundation has announced the tokenomics for its $ME token, which will be distributed to the community through a large airdrop. At launch, the community will receive 12.5% of the total token supply, equating to 125 million tokens worth an estimated $312 million. The pre-market price of $2.50 represents a 233% gain in the last 24 hours. Magic Eden, the multi-chain trading platform, has adopted the $ME token and its users will receive a significant airdrop. An additional 225 million tokens have been set aside for future airdrops to active users. The conversion rate for Magic Eden's existing rewards system, Diamonds, to the ME token has not yet been revealed.
Related News
XRP Price Holds Strong, Aiming for More Upside Moves Socios Launches Web3 Non-Custodial Wallet for Chiliz Chain Cardano price prediction: ADA is primed for a 77% surge Bitcoin Price Gears Up for New ATH: Will Bulls Push Through? The Case for Crypto-Specific Regulation: Why Traditional Authorities Can’t Keep Up Solana, TRON, and NEAR Ranked Top 3 Blockchains with Fastest TPS: Phoenix Group Dogecoin Large Transactions Surge 41% With 35% Uptick In Daily Addresses, Will Price Follow? Virtune XRP ETP Outperforms Bitcoin Ethereum Price Readies for a Fresh Climb: Will Momentum Build? Top Crypto Performers of the Week: Remarkable Gains in the Market Bitwise Bitcoin ETF(BITB) Options Trading Start on Wednesday Bakkt shares surge 162% after report suggests Trump Media is buying it Bitcoin Eyes $100K: BCA Research Predicts Record Surge SEC News : Brian Brooks Could Be the Next Chair Under Trump! Ripple News: Will XRP ETFs Debut After Gensler’s Resignation? Pro-XRP Lawyer Gives Timeline Why is Bitcoin Price Up Today? XRP ETF: Pro-XRP Lawyer Provides Timeline For US SEC Approval Bitcoin and Ethereum ETFs Add Billions, Breaking Record for Crypto Products Why $100,000 Bitcoin Is Right Around The Corner Bull Run 2024: Key Altcoins to Watch This Week – Cronos, Toncoin, and NEAR Protocol Casper Network ($CSPR) Leads Crypto Market with 86.3% Surge BIT Mining to pay $10M fine for bribing Japanese politicians in former life Genius Group kicks off Bitcoin treasury play with $10M in BTC Analyst Predicts Rallies to New All-Time Highs for Ethereum and Solana, Calls One Memecoin the ‘Outperformer’ Cryptocurrencies Poised for $5 Billion Market Cap by Year-End Reaching New Heights: XRP Mania On The Rise: ATH Predictions Backed By Solid Google Search Interest $ROSE, $MANTA, $ADA, and More Set to Make Waves: Top 9 Major Token Unlocks to Watch Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares Bitcoin could see another parabolic run following rising institutional interest XRP Journey to $2 Begins, Ethereum (ETH) Golden Cross Potential Arises, Cardano (ADA) 2x: Is It Still Undervalued? 5 Uniswap Alternatives That Could Outperform in the DeFi Space Trump's Pro-Crypto Picks, Here's Who's Holding Bitcoin Crypto Whales Invest $65 Million in Polygon (POL) Amid 12% Price Surge Bitcoin surpasses Silver's market cap, establishing itself as mainstream financial asset Cardano’s Chart Shows Bullish Patterns: Could a 30% Breakout Rally Be on the Horizon? Magic Eden Traders Set to Receive $312 Million Worth of ME Tokens in Airdrop DeFinity Markets Adds Chainalysis KYT for Compliance and Risk Management GOAT Price Momentum Slows After Reaching $1 Billion Market Cap Whales Jump on Dogecoin (DOGE), Bull Run Incoming? Bitcoin in Extreme Greed: Time to take Profits or Not? Vitalik Buterin Praises Starknet’s Efforts to Boost Ethereum Scaling Solutions Cryptocurrency Investment Products See Record $33.5 Billion Year-to-Date Inflows Cryptocurrencies Poised for Explosive Growth This Month XRP Price Is Ready Parabolic Rally, Veteran Trader Peter Brandt Says XRP Price Back above $1: Is it time for XRP to hit $10? Binance clarifies 'rewards-bearing' BFUSD asset is not a stablecoin, hasn't launched California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt Wall Street giants are loading up on MicroStrategy shares, as MSTR outperforms bitcoin year-to-date ai16z partners with Ryze Labs to launch AICombinator with $5M fund