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About ME and RED
Magic Eden is falling, while Redstone is climbing this week. The current ME to RED conversion rate is 0.6564. Inversely, this means that if you convert 1 RED you will get 1.52 ME. The conversion rate of ME/RED has decreased by 1.97% in the last hour (RED/ME increased by 1.97%). In the last 24 hours, ME/RED shrunk by 3.2%, while RED/ME grew by the same amount.
The exchange rate of Magic Eden is decreasing. The current value of 1 ME is 0.6564 RED. In other words, to buy 5 Magic Eden, it would cost you 3.282 RED. Inversely, 1 RED would allow you to trade for 1.52 ME while 50 RED would convert to 76.17 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.32%. Meanwhile, in the last 24 hours, the rate has changed by 3.11%, and that the highest exchange rate of 1 ME to RED was 0.6935 RED and the lowest 24 hour value was 1 ME for 0.644 RED. Last month, 1 ME was worth 0.7425 RED. Today, it's down 13.11%. Looking back a year, Magic Eden has changed by 2.56 RED. That means that in a single year, the value of Magic Eden has shrank by 289.62%.
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.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
ME to RED values from Today at 3:47 pm
0.5 ME = 0.3282 RED |
1 ME = 0.6564 RED |
5 ME = 3.28 RED |
10 ME = 6.56 RED |
50 ME = 32.82 RED |
100 ME = 65.64 RED |
500 ME = 328.20 RED |
1,000 ME = 656.39 RED |
RED to ME values from Today at 3:47 pm
0.5 RED = 0.7617 ME |
1 RED = 1.52 ME |
5 RED = 7.62 ME |
10 RED = 15.23 ME |
50 RED = 76.17 ME |
100 RED = 152.35 ME |
500 RED = 761.74 ME |
1,000 RED = 1,523.48 ME |
ME to RED over time
ME | Today | 24H -3.11% | 1M -13.11% | 1Y -289.62% |
|---|---|---|---|---|
0.5 ME | 0.3282 RED | 0.3384 RED | 0.3712 RED | 1.28 RED |
1 ME | 0.6564 RED | 0.6768 RED | 0.7425 RED | 2.56 RED |
5 ME | 3.28 RED | 3.38 RED | 3.71 RED | 12.79 RED |
10 ME | 6.56 RED | 6.77 RED | 7.42 RED | 25.57 RED |
50 ME | 32.82 RED | 33.84 RED | 37.12 RED | 127.87 RED |
100 ME | 65.64 RED | 67.68 RED | 74.25 RED | 255.74 RED |
500 ME | 328.20 RED | 338.40 RED | 371.24 RED | 1,278.71 RED |
1,000 ME | 656.39 RED | 676.80 RED | 742.48 RED | 2,557.42 RED |
Frequently asked questions
Right now, 1 Magic Eden is worth about $0.07135.
Based on the current rate, you could get 14.02 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 decreased. 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 70.08 ME. Inversely, 5 ME will cost about $0.3568
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 Waves, Binance USD, and Memecoin. 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.