Magic Eden, $ME, gave bitcoiners over a billion dollars today

Magic Eden, a popular NFT & Ordinals trading marketplace, went live with their airdrop this morning at 9 am EST. The token, $ME, was trading over a 4 billion dollar valuation pre-market listing, and post-Binance listing, reached upwards of a 6 billion dollar fully diluted market cap.

Airdrops are awesome for those who get lucky to be involved in one but can be frustrating to others who may have missed out. I know I had a very lucky morning!

What do you think about airdrops? Are they a negative or a positive to the crypto industry?