Magic Eden, one of the leading multi-chain NFT marketplaces, officially launched its native token, $ME, on December 10, 2024. This token is a significant step in strengthening the Magic Eden ecosystem that has been established since 2021 on the Solana blockchain. Over time, Magic Eden has evolved into a cross-blockchain platform, covering Ethereum, Polygon, and Bitcoin. This article will discuss the Magic Eden ecosystem, $ME tokenomics, governance structure, and a guide to participating in the airdrop.
About Magic Eden (ME) TOKEN
Data and Information
Magic Eden (ME) is a leading platform that powers the on-chain economy through its comprehensive suite of cross-chain trading, minting, and wallet protocols. As the largest builder of these protocols, Magic Eden facilitates seamless trading of NFTs and tokens across all major blockchain ecosystems. Its official token, $ME, serves as the backbone of this ecosystem, enabling the largest community of on-chain users to earn rewards by trading assets on any chain. With a retail-friendly mobile app, Magic Eden acts as an accessible entry point for new users to explore crypto. Community members are encouraged to contribute to protocol improvements and adoption efforts, while $ME holders can stake their tokens for periods ranging from 1 day to 4 years, earning additional rewards through staking and completing platform quests. This unique model positions Magic Eden as a central player in advancing decentralized applications and fostering a vibrant on-chain economy.
For more information, visit the official Magic Eden (ME) website at https://mefoundation.com/.
Crypto Asset Ranking Information
As of 21 Januari, 2025 the CoinMarketCap ranking of is #236, with a market cap of USD 258,075,177.38 It has a circulating supply of 129,798,354.39 ME and a maximum supply of 999,999,734.53 ME.
How to Buy Magic Eden (ME) on INDODAX
Now that you’ve discovered more about Magic Eden (ME), you can start investing in (ME) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy Magic Eden (ME) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for Magic Eden (ME) in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired Magic Eden (ME) purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in Magic Eden (ME) on INDODAX now!
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