Magic Eden token launch following $56.2 billion pre-market valuation.

-ME Foundation is launching its Solana-ME-based ec

o token tied to the leaderFT-Magic Eden Market - 10 days, a company spokesman said. traders predict that ether, which is worth more than $5500 million at pre-market prices, will reward users of the Magic Eden #bitcoin exchange and cross-chain Market. This #token is only available through the Magic Eden Wallet app. No specific details were disclosed regarding the conversion of Magic Eden Diamonds, the platform’s existing rewards program, into ME tokens. However, the spokesperson said the allocation was based on factors such as “organic” trading activity, inter-network trading, and “loyalty” or historical usage of the respective platforms. On Monday, the ME Foundation announced details of the upcoming Magic Eden bitcoin exchange and ME tokens that will reward users of the cross-chain platform Initially, the community will receive 12.5% of the total 125 million Solana-based tokens, or 125 million tokens. My preliminary market price of $2.50 represents a 233% increase, which is about $1,193,000 in the last 24 hours… Users won’t be able to find out their assignments until 12/10, but they will be able to confirm their eligibility a few days in advance using a tool released by the ME Foundation. Upon the official launch of the promotion on 12/10, 10% of the total 1 billion ME shares (2,500 million tokens) will be immediately unlocked and offered to eligible Magic Eden users. 12.5 22.5% of the total, or 22,500 million ME tokens, will be reserved to incentivize future use of Magic Eden. the ME Foundation protocol and related platforms. The bitcoin-based meme coin has renewed interest amid record asset growth, and the price of various rune tokens issued alongside the protocol’s debut this year has surged. Last week, the price of DOG-GO-TO-THE-MOON (DOG) rose 98% to 0. 0078 on Thursday, according to Magic Eden.

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