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About ME and DAI
Magic Eden is falling, while Dai is climbing this week. The current ME to DAI conversion rate is 0.06148. Inversely, this means that if you convert 1 DAI you will get 16.26 ME. The conversion rate of ME/DAI has increased by 1.7% in the last hour (DAI/ME decreased by 1.7%). In the last 24 hours, ME/DAI shrunk by 2.19%, while DAI/ME grew by the same amount.
The exchange rate of Magic Eden is decreasing. The current value of 1 ME is 0.06148 DAI. In other words, to buy 5 Magic Eden, it would cost you 0.30742 DAI. Inversely, 1 DAI would allow you to trade for 16.26 ME while 50 DAI would convert to 813.21 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.4%. Meanwhile, in the last 24 hours, the rate has changed by 2.48%, and that the highest exchange rate of 1 ME to DAI was 0.06465 DAI and the lowest 24 hour value was 1 ME for 0.05954 DAI. Last month, 1 ME was worth 0.05997 DAI. Today, it's up 2.46%. Looking back a year, Magic Eden has changed by 0.6881 DAI. That means that in a single year, the value of Magic Eden has shrank by 1,019.15%.
Magic Eden Market Stats
ME is the governance token for Magic Eden, a multi-chain NFT and fungible marketplace built on on Bitcoin, Solana, and EVM networks. In addition to governance, ME can also be used to list or purchase NFTs on Magic Eden.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
ME to DAI values from Today at 2:58 am
0.5 ME = 0.03074 DAI |
1 ME = 0.06148 DAI |
5 ME = 0.3074 DAI |
10 ME = 0.6148 DAI |
50 ME = 3.07 DAI |
100 ME = 6.15 DAI |
500 ME = 30.74 DAI |
1,000 ME = 61.48 DAI |
DAI to ME values from Today at 3:01 am
0.5 DAI = 8.13 ME |
1 DAI = 16.26 ME |
5 DAI = 81.32 ME |
10 DAI = 162.64 ME |
50 DAI = 813.21 ME |
100 DAI = 1,626.42 ME |
500 DAI = 8,132.11 ME |
1,000 DAI = 16,264.22 ME |
ME to DAI over time
ME | Today | 24H -2.48% | 1M 2.46% | 1Y -1,019.15% |
|---|---|---|---|---|
0.5 ME | 0.03074 DAI | 0.0315 DAI | 0.02999 DAI | 0.3441 DAI |
1 ME | 0.06148 DAI | 0.06301 DAI | 0.05997 DAI | 0.6881 DAI |
5 ME | 0.3074 DAI | 0.315 DAI | 0.2999 DAI | 3.44 DAI |
10 ME | 0.6148 DAI | 0.6301 DAI | 0.5997 DAI | 6.88 DAI |
50 ME | 3.07 DAI | 3.15 DAI | 3.00 DAI | 34.41 DAI |
100 ME | 6.15 DAI | 6.30 DAI | 6.00 DAI | 68.81 DAI |
500 ME | 30.74 DAI | 31.50 DAI | 29.99 DAI | 344.05 DAI |
1,000 ME | 61.48 DAI | 63.01 DAI | 59.97 DAI | 688.10 DAI |
Frequently asked questions
Right now, 1 Magic Eden is worth about $0.0615.
Based on the current rate, you could get 16.26 ME for 1 USD.
Magic Eden price has been declining. Since yesterday, the exchange rate of Magic Eden has decreased. Since last month, the exchange rate of Magic Eden has increased. Since this time last year, the price of Magic Eden has decreased.
You can use our ME to USD calculator at the top of this page to convert any amount of ME to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 81.30 ME. Inversely, 5 ME will cost about $0.3075
Magic Eden is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Magic Eden.
There are a number of crypto assets that have the a similar or comparable market cap to Magic Eden, including Collect on Fanable, Celo Dollar, and 0G. For a more robust list of assets to explore, jump to the asset page dedicated to Magic Eden.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.