The post Magic Eden ME Token Airdrop: A $700 Million Event Ends in Price Plunge appeared first on Coinpedia Fintech News
The ME token airdrop from Magic Eden NFT marketplace, valued at approximately $700 million, created extreme excitement in the crypto industry yesterday. Minutes before the launch, ME saw its price spiking from $6.04 to a peak of $8.9. Some earned massive profits from the launch. But for many, it was simply disappointing. Why? Airdrop’s Massive …