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#MajorAirdropWatch 5 Key Insights About $ME_
1. *Korean Market Yet to Open*: Trading for $ME on the Korean crypto exchange has not started yet, meaning a huge influx of buyers from South Korea is still to come.
2. *Prices on Coinbase and On-Chain Outpacing Binance*: Current on-chain and Coinbase prices for $ME are trading 8% higher than Binance, indicating artificial price suppression on Binance.
3. *Airdrop Distribution Clarified*: Around 70% of the airdrop has been distributed, with claims of 600,000 circulating airdrop tokens being dumped being outright misinformation.
4. *The Magic Eden Effect is Real*: The ME token is backed by influential figures and communities in the crypto world, with prominent English-speaking communities actively promoting $ME.
5. *Underestimated Market Potential*: $ME's market cap stands at $7 billion, while comparable test network projects with minimal activity boast valuations of $12 billion, indicating $ME may be undervalued.
_Final Thoughts_: $ME has already seen an astonishing rise of +1850%, and the journey is far from over
1. *Korean Market Yet to Open*: Trading for $ME on the Korean crypto exchange has not started yet, meaning a huge influx of buyers from South Korea is still to come.
2. *Prices on Coinbase and On-Chain Outpacing Binance*: Current on-chain and Coinbase prices for $ME are trading 8% higher than Binance, indicating artificial price suppression on Binance.
3. *Airdrop Distribution Clarified*: Around 70% of the airdrop has been distributed, with claims of 600,000 circulating airdrop tokens being dumped being outright misinformation.
4. *The Magic Eden Effect is Real*: The ME token is backed by influential figures and communities in the crypto world, with prominent English-speaking communities actively promoting $ME.
5. *Underestimated Market Potential*: $ME's market cap stands at $7 billion, while comparable test network projects with minimal activity boast valuations of $12 billion, indicating $ME may be undervalued.
_Final Thoughts_: $ME has already seen an astonishing rise of +1850%, and the journey is far from over
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