Magic Eden, a leading cross-chain platform for digital collectibles, has launched its $ME token airdrop. The event has seen significant activity, with over 126,000 addresses claiming tokens. Notably, an airdrop hunter utilized over 1,350 wallets to claim 398,399 $ME tokens, valued at $2.14 million. Of these, 54,930 $ME tokens, worth $477,000, were sold at an average price of $8.68, while the remaining tokens were transferred to Binance. The largest single claim was 160,000 $ME tokens, which were subsequently transferred to a new wallet. The $ME token price has fluctuated significantly, reaching a peak of $11 before stabilizing at $5.10. Magic Eden also introduced a new Quest System and partnered with Airdrop Arcade, offering users a chance to claim a share of 17,250 $ME. Despite the excitement, some users reported difficulties in claiming their allocations.