Magic Eden trades at $5.14 after losing 53%.
ME recorded an all-time high of $13.24.
Ahead of the anticipated altcoin rally, notable altcoins are fluctuating with both dumps and pumps. In addition, one of the expected airdrops is Magic Eden (ME), a leading cross-chain NFT marketplace. The ME token’s airdrop worth around $700 million, officially went live on December 10. Post-launch, the token’s price has dropped by over 53%.
Magic Eden faced a steep pullback less than two hours after its launch, despite the exchange listings. Over the last 24 hours, ME plunged to an all-time low of $4.27, after visiting the peak price of $13.24.
ME price chart (Source: CMC)
At the time of writing, Magic Eden trades at $5.14. Besides, the market cap of ME has reached $668 million with a remarkable daily trading volume of $4.97 billion. The ME token has a maximum supply of 1 billion, with 125 million tokens being available to the users of the NFT platform until February 1, 2025.
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We współpracy z: https://thenewscrypto.com/magic-eden-me-airdrop-sees-a-dramatic-decline/
