Magic Eden Token Launches on Binance, Upbit, and Bithumb December 10
Magic Eden, a prominent cross-chain NFT marketplace, is set to launch its ME token airdrop on December 10th. The platform supports various chains, including Bitcoin Ordinals, Ethereum, and Solana, and aims to enhance its presence in the NFT sector.
Binance Lists Magic Eden
The anticipation for the ME token increased following Binance's announcement of its listing. Trading will commence on December 10, 2024, at 23:00 UTC+8, with spot trading pairs available against Bitcoin, USDT, FDUSD, and TRY. Withdrawals will open on December 11 at 15:00 UTC.
South Korean Exchanges Open the Asian Doors
In addition to Binance, South Korea’s largest exchange, Upbit, announced support for the ME token with KRW, BTC, and USDT trading pairs. Deposits and withdrawals will start at 23:00 local time on December 10, exclusively through the Solana network. Bithumb also confirmed the listing of the ME token, further solidifying its position in the Asian market.
Hype Around ME
Trading for the ME token is expected to begin between $3 and $4. The airdrop initiative aims to reward user activity and foster community engagement, enhancing loyalty and bullish sentiment around Magic Eden.
Magic Eden Price Targets Amid Potential Surge
Currently listed on Gate.io at $3.3656 since November 22, the ME token has experienced a sideways trend, reaching an all-time high of $5.25 and a low of $2.3340. The upcoming listings on Binance and major South Korean exchanges are anticipated to significantly increase trading volumes, potentially driving prices above previous highs despite overall market conditions.
Source: Tradingview