Tuesday the listing took place native token of the trading NFT -sites magic eden on several crypto exchanges at once: Binance , Upbit , Bithumb and Coinbase. Later, the asset was placed on its platform OK .
The addition of the token was accompanied by a distribution, for which the developers allocated 125 million magic eden (ME) or approximately 12,5% of the total volume. Immediately after the debut, the ME rate reached a record high of $17, but less than two hours after the airdrop, the asset's value fell by more than 67% to $4,42. Later, the token rate recovered slightly and is now trading at $5,71.
Token distribution magic eden has drawn criticism from users, with many reporting problems with the mobile app. magic eden , calling it buggy and difficult to navigate. They also harshly criticized the ineffective work of the project's developers.
My app is frozen, I can't get tokens. What's going on? - wrote one user.
Some members of the crypto community were outraged by the fact that they were unable to obtain magic eden it was only possible in the app.
A few hours after the complaints were received, the developers magic eden reported that they had resolved all technical issues. However, the negative impression from the distribution remained.