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.
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