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NewsBriefs - Magic Eden's ME token struggles at launch amid user complaints

By Editorial Team

NewsBriefs - Magic Eden's ME token struggles at launch amid user complaints

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.

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