Magic Eden has unveiled a new quest enabling participants to qualify for the upcoming $PAWS airdrop.
Magic Eden saw an explosive but short-lived surge in Ordinals trading, with daily volume averaging nearly $50 million driven by the Idiots NFT mint.
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Magic Eden's native token, ME, is coming out of a massive slump, as the ME price plummeted heavily after the token launch. Although the drop was understandable under the influence of volatility, it was unexpected for many.
H3at Studios has helped the Magic Eden NFT marketplace to garner more than 100 million views across the digital realm. The Dubai-based content-creator firm has partnered with dozens of web3 startups to amplify their digital presence with quality 3D videos.
Curious about Magic Eden staking? It's not just about locking your tokens and waiting for rewards.
In this article, we do a recap of all the latest news in the crypto airdrop sector.
Magic Eden (ME) price has struggled following its airdrop, with 75% of the 125 millions tokens already claimed. Most of the activity occurred in the first hour, with over 60 million tokens claimed, while the remaining 25% is expected to be claimed gradually without major price disruptions.
This means that users can now use BSC to buy and sell NFTs. They can do so on Magic Eden's Launchpad, Mint Terminal, and Marketplace.
Magic Eden has earned its name in the Non-Fungible Token industry, where it allows users to create, buy, and sell NFTs on the platform itself. It is mainly regarded as ME and has launched its native token with the same name, creating significant hype among investors.
Magic Eden, a leading NFT marketplace, launched its highly anticipated ME token on Dec. 10, 2024, with an airdrop value exceeding $700 million.
ME, the token launched by Magic Eden, a leading NFT marketplace, has seen its volume plunge significantly. This crash could be linked to declining interaction with the token since its airdrop some days back.
The popular non-fungible token (NFT) marketplace Magic Eden has seen the ME Foundation recently launch its ME token via an airdrop to the platform's users. One airdrop farmer, according to blockchain data, managed to make over $2 million through it via 1,350 wallets.
The price of ME, the token that powers the Magic Eden NFT marketplace, has declined 54% over the past 24 hours. This drop comes after the completion of its highly criticized 125 million token airdrop conducted on December 10.
Magic Eden's ME token launches on major exchanges, but security concerns arise over AirDrop methods.
Today, December 11, BeInCrypto observed that the crypto continues to be in a choppy state, with several tokens trading sideways. While some have registered notable upticks, only a few out of the top trending altcoins are in this category.
TL;DR Magic Eden's native token, ME, launched through an airdrop, initially surged to $17 but faced a 67% drop due to technical glitches and user frustrations. Users encountered numerous issues with the Magic Eden app, leading to a rapid decline in the token's value, with its market capitalization falling from $1.
Following its airdrop, Magic Eden's native ME token experienced a volatile debut facing a pump and dump from the highs of $13.10 to the lows of $4.30.
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.
Magic Eden's much-anticipated token launch was met with significant challenges. Users reported a series of issues, including a buggy mobile app and a convoluted claiming process.
Magic Eden, one of the largest non-fungible token marketplaces, saw its newborn airdropped coin become a flop right after its launch on Tuesday, Dec. 10. According to a blog post, the NFT marketplace, launched in September 2021, allocated 12.
The highly anticipated ME token airdrop from Magic Eden NFT marketplace made waves in the cryptocurrency community on December 10, 2024.
The price of Magic Eden's freshly airdropped ME token dipped as low as 67% from its post-launch high amid a flurry of complaints from users.
To claim aidrops, users had to download Magic Eden's wallet, a highly atypical process that industry insiders said threatened to breach security best practices.
Some ME claimants faced issues early on due to demand, but the token launch still substantially rewarded Magic Eden NFT marketplace users.
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Users can claim ME tokens by linking their cross-chain wallet to the ME Foundation website and completing the claim process on the Magic Eden mobile app.
The world's largest cryptocurrency exchange is adding Magic Eden (ME) to its platform. Starting on December 10th, 2024, at 3:00 PM UTC, users can trade ME with four different pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
Following the airdrop, Magic Eden's ME token is set to make waves in the market, listing on leading exchanges like Binance, Upbit, and Bithumb.
Magic Eden lists $ME tokens in its ongoing presale. Magic Eden NFT platform allows users to buy Solana NFT with ME tokens.
Major crypto exchanges Binance, Upbit and Bithumb will launch trading support for Magic Eden, the Solana-based native token for the NFT market place of the same name. The token is set to be listed on Dec. 10.
Binance, alongside top exchanges like Upbit, OKX, Bybit, and Kucoin, has revealed support for Magic Eden (ME), a leading multi-chain NFT marketplace. This collaborative listing by major exchanges signals significant confidence in ME, providing users across the globe with enhanced access to one of the most innovative platforms in the NFT space.
Binance, the largest crypto exchange platform by trading volume, announced plans to list Magic Eden (ME).
Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.
Magic Eden is one of the long-awaited airdrops coming on December 10. ME tokens are not yet officially launched, through pre-market trading points to a price of $4.65.
They've partnered with MoonPay, a company known for making crypto transactions simple. Together, they've rolled out a new feature called Top Up that lets you quickly load your crypto wallet using regular money, also known as fiat.
TL;DR Magic Eden expands by integrating Sei Network, offering faster, more cost-effective transactions and advanced tools for NFT creators and traders. The integration includes Launchpad, Mint Terminal, and Marketplace, simplifying the creation, launch, and trading of NFTs.
Altcoins recorded notable upswings this week as Bitcoin's neutral trend –range-bound around $96K – cemented bets of an altcoin season. SEI joined the uptrend wave, gaining nearly 10% on its seven-day chart. Sei trades at $0.7075, with a daily low and high of $0.6347 and $0.7153.
This means that Magic Eden is ready to bring new features to NFT collectors, creators, and traders on the Sei blockchain. Now that Magic Eden is connected with Sei Network, people can use their Launchpad.
Magic Eden has teased an airdrop since 2023, finally announcing a TGE for December 10. All traders on multiple chains, as well as Diamond holders may be eligible for a $500M estimated total airdrop value.
Magic Eden, a leading community-centric NFT marketplace, is set to launch its much-anticipated Solana-baseed ME token on December 10. The airdrop will reward loyal users of the platform's Bitcoin exchange and cross-chain NFT marketplace. Here is what you should know.