Magic Eden's newly introduced ME token experienced a significant price dip following its launch due to complaints from users about a complex claiming process and issues with the platform's mobile app. Initially priced at $6.70, the token surged to $13.10 before plummeting about 67% to $4.30, though it later recovered to around $8.60. The rollout was marred by technical issues and user frustration over the ability to claim the token using different devices.
NewsBriefs - Magic Eden's ME token struggles at launch amid user complaints
By Editorial Team