As a leading platform in the NFT market, Magic Eden has millions of active users on Solana, Ethereum, and Polygon. ME serves as an important bridge connecting users, creators, and the platform.
The uses of tokens include: trading rebates, staking incentives, participating in airdrops, DAO governance, etc., providing a vibrant closed loop for the ecosystem.
In the first half of 2025, Magic Eden will successively launch the Launchpad, cross-chain NFT aggregator, and NFT ranking features, bringing continuous use cases for ME.
The current price of ME/USDT is 0.7517 USDT, having fallen back to the support range, with a trading volume of approximately 343,580 USDT in the last 24 hours.
From a medium-term perspective, ME is still in a volatile range after rebounding from the bottom. The price adjustment is in line with the stage turnover characteristics of the coin, creating opportunities for medium-term positioning.
The Season 1 airdrop will be completed in April 2025, and users can earn Token rewards by holding ME, participating in NFT trading, and staking.
The second season airdrop has now begun, expected to last until the end of September, with a total reward pool of up to 100 million ME, sparking enthusiastic participation from the community.
Data shows that after the airdrop was launched, the average number of holding addresses for ME increased by nearly 22%, significantly enhancing community stickiness, reflecting that this mechanism has a positive impact on price.