Magic Eden is set to reward its users with one of the largest community airdrops of 2024, with a total of 312 million dollars in ME tokens distributed among users. At the token generation event, 12.5% of the total ME supply of 1 billion will be allocated to the community, equating to 125 million tokens. The pre-market price of ME tokens has notably surged to approximately $2.50, reflecting a significant increase of 233% within 24 hours. Users will soon be able to earn additional ME tokens through regular engagement with Magic Eden’s products. The exact conversion process of Magic Eden’s existing points-based reward system into ME tokens remains uncertain, leading to speculation among users. As of now, users of Magic Eden’s various blockchain products can check their ME token allocations on the day of the token generation. Magic Eden has developed from a simple Solana NFT marketplace to a multi-chain trading platform, currently holding a 33% market share among on-chain marketplaces.

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