$600 BONUS USING OUR REFERRAL CODE $600 BONUS USING OUR REFERRAL CODE $600 BONUS USING OUR REFERRAL CODE
Română | English | Español | Français
Market Cap: $ 3.39 T | 24h Vol.: $ 135.80 B | Dominance: 63.25%
crypto.ro
bitcoinBTC/USD
$ 106,084.64 2.37%
ethereumETH/USD
$ 2,657.05 4.24%
  • NEWS
    • Bitcoin
    • Ethereum
    • Solana
    • XRP
    • Cardano
    • Dogecoin
    • Binance
  • LEARN
    • Guides
    • Binance Referral Code
    • Best Crypto Exchanges
    • Best Crypto to Buy
    • Best Bitcoin Casinos
    • Reviews
    • PrimeXBT
    • Bybit
    • Bitget
    • YouHodler
    • Resources
    • About Bitcoin
    • Dictionary
    • ACADEMYCRYPTO COURSE
    • Bitcoin
    • Dictionary
  • MARKET
    • Prices
    • Bitcoin
    • Ethereum
    • BNB
    • Solana
    • Exchanges
    • Binance
    • Bybit
    • Bitget
    • PrimeXBT
    • Tools
    • Converter
    • Top Gainers Today
    • CryptocurrenciesLIVE
    • ExchangesTRADE
    • Converter
    • Top gainers today
GET $600 WELCOME BONUS
No Result
View All Result
crypto.ro
  • NEWS
    • Bitcoin
    • Ethereum
    • Solana
    • XRP
    • Cardano
    • Dogecoin
    • Binance
  • LEARN
    • Guides
    • Binance Referral Code
    • Best Crypto Exchanges
    • Best Crypto to Buy
    • Best Bitcoin Casinos
    • Reviews
    • PrimeXBT
    • Bybit
    • Bitget
    • YouHodler
    • Resources
    • About Bitcoin
    • Dictionary
    • ACADEMYCRYPTO COURSE
    • Bitcoin
    • Dictionary
  • MARKET
    • Prices
    • Bitcoin
    • Ethereum
    • BNB
    • Solana
    • Exchanges
    • Binance
    • Bybit
    • Bitget
    • PrimeXBT
    • Tools
    • Converter
    • Top Gainers Today
    • CryptocurrenciesLIVE
    • ExchangesTRADE
    • Converter
    • Top gainers today
crypto.ro
Home News

Magic Eden Token Launch – Community Update Released Following $ME Allocation Issues

Users have until February 1, 2025 to claim their tokens, according to the team at Magic Eden

Rada Mateescu Rada MateescuVerified Author
Mar 09, 2025
2 min. read
Share on TwitterShare on TelegramSend on WhatsappShare on Facebook

Key Points

  • Binance listed Magic Eden’s ME token a few minutes ago.
  • After users encountered token allocation issues, the team at Magic Eden released a Community Update.

Magic Eden, the multi-chain NFT marketplace, saw its ME token launch today. Earlier, Binance also announced the listing of ME token with the Seed Tag applied. OKX Futures also listed ME.

ME’s Market Cap Dropped Since Listing

Since its listing on exchanges about an hour ago, ME’s market cap dropped from a top of $1.6 billion to current levels of around $586 million.

ME’s price reached $12.22 and then dropped to current levels of $4.5, down by over 60% since launch.

The total supply of the token is 1 billion ME, and the circulating supply is 130.74 million ME tokens.

Earlier, Binance revealed that trading would open at 15:00 (UTC) for 4 pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY. The exchange also said that withdrawals would open tomorrow at 15:00 (UTC).

So far, ME had a descendant trajectory since its earlier launch.

On X, the team behind Magic Eden announced that today is the day that everyone’s been waiting for and ME token is here.

Magic Eden’s ME Token Launch

The team shared a video that teaches users how to claim tokens. Magic Eden also told users that they have until February 1st, 2025 to claim their tokens.

Unclaimed tokens will be distributed to stakers, according to the announcement.

Following the announcement, some users encountered issues.

ME User Token Allocation Issues

Someone said that there had been a problem with their request and the claim hadn’t started yet.

user claim issue
user claim issue

Another user, rikky, said that he didn’t claim anything, and there are no tokens in his wallet, but he got a message saying “Tokens claimed.” The message also told him to stake tokens for a longer period to enjoy bigger multipliers on ongoing rewards.

ME tokens claim message
ME tokens claim message

Someone got another error message telling them to update their iOS:

error message
error message

Another user said that he received a host error, to which the team at Magic Eden replied with a Community Update, saying that the ME Allocation Appeals are now live.

Magic Eden Allows Appealing and Correcting ME Allocations

The message said that after the community feedback, the Magic Eden team decided to allow users to appeal and correct their ME Allocations.

Magic Eden message via X
Magic Eden message via X

What is Magic Eden (ME)?

Magic Eden is a multi-chain NFT marketplace, and the ME token is powering the on-chain platform economy. ME is the platform’s official token, representing the largest community of on-chain users who can earn ME for trading all assets on all chains.

Magic Eden announced their TGE claim via X yesterday.

Tags: Magic Eden (ME)

Related articles

$3.4B in Bitcoin Options and $687M in Ethereum Options Will Expire on June 13

$3.4B in Bitcoin Options and $687M in Ethereum Options Will Expire on June 13

Jun 12, 2025
Binance Introduces DeFi App (HOME) - Its 22nd Project on HODLer Airdrops

Binance Introduces DeFi App (HOME) – Its 22nd Project on HODLer Airdrops

Jun 12, 2025
Binance Introduces Resolv (RESOLV) - Its 21st HODLer Airdrops Project

Binance Introduces Resolv (RESOLV) – Its 21st HODLer Airdrops Project

Jun 11, 2025
South Korea's Upbit Will List EPT and AXL on June 10

South Korea’s Upbit Will List EPT and AXL on June 10

Jun 10, 2025
Please login to join discussion
Binance Binance Binance
COMMUNITY
Facebook Instagram Youtube Tiktok Telegram Pinterest Linkedin

NEWS

  • Crypto
  • Bitcoin
  • Ethereum
  • Solana

MARKET

  • Crypto Prices
  • Exchanges
  • Top gainers today
  • Price predictions

LEARN

  • Dictionary
  • Best Exchanges
  • Crypto to Buy

REVIEWS

  • Bybit
  • Bitget
  • Youhodler
  • PrimeXBT

OPPORTUNITIES

  • NUMERIS Club
  • Careers
  • Binance Bonus

COMPANY

  • About us
  • Media Kit
  • Advertise
  • Contact

© 2020 – 2025 crypto.ro® – All rights reserved.

  • Terms & conditions
  • Cookie policy
  • Privacy policy

Disclaimer: By using this website, you agree to the Terms and Conditions. crypto.ro has no affiliation or relationship with any coin, business, project, or event, unless otherwise specified. None of the information you’ve read on crypto.ro should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before making any investment decision. crypto.ro is not responsible, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection with the use or reliance on any content you have read on the site.

No Result
View All Result
  • News
    • Crypto
    • Bitcoin
    • Ethereum
    • NFT
  • Analysis
  • Education
    • Crypto academy
    • Dictionary
    • Bitcoin
  • Market
    • Cryptocurrencies
    • Exchanges
    • Converter
    • Top gainers today
  • Company
    • About us
    • Ambassadors
    • Affiliate program
    • Events
    • Advertise
    • Contact
Română | English | Español | Français
crypto.ro logo

© 2020 - 2025 crypto.ro®

We use cookies to offer you a better browsing experience.Continuing to use our site consents to use of cookies.Cookie Policy
Hours
Minutes
Seconds