About Magic Eden

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.

Happening now

AI generated 22h ago

Despite a federal lawsuit alleging misleading token claims

, ME outpaced its Solana Ecosystem peers over the past week, though trading activity is quietly fading.

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ARS 101.39

Trading Insights

Buyer Ratio

69%0%

Traders

32

33.33%

Buyers

22

29.41%

Sellers

16

23.08%

Searched

17

Market Stats

Market Cap

ARS 58.98B

1.31%

FDV

ARS 101.29B

Circ. Supply

582M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

ARS 101.25B

Performance

Popularity

#475

Dominance

0%

Volume (24H)

ARS 199.59B

18.53%

Volume (7D)

ARS 1.92T

Volume (30D)

ARS 7.41T

All time high

ARS 8.32K

Price Change (1Y)

Not enough data

92.01%

Additional details

Market details

ME vs markets

↘ 86.21%

ME vs BTC

↘ 85.51%

ME vs ETH

↘ 84.38%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
ARS 101.39
+1.85%
1 Day
ARS 99.54
+1.85%
1 Week
ARS 92.87
+8.10%
1 Month
ARS 91.50
+8.63%
1 Year
ARS 1,083.37
-92.01%

Coinbase insights

Happening now

AI generated 22h ago

Despite a federal lawsuit alleging misleading token claims

, ME outpaced its Solana Ecosystem peers over the past week, though trading activity is quietly fading.


Relative strength on declining activity

ME climbed roughly

↗4.8%

over the past week, outperforming Solana Ecosystem peers, though trading activity dropped roughly

↘31%

over the past 24 hours and weekly volume fell roughly

↘15%

, suggesting the gains are occurring on thin participation.


Broader market adds pressure

ME's roughly

↘0.5%

dip over the past 24 hours tracks the broader crypto market's muted performance as U.S. strikes on Iran push oil higher and weigh on risk assets globally.

Recent trends

The latest ME price is ARS 101.39. Compared to Magic Eden's value of ARS 99.54 from 24 hours ago, there's been a 2% increase, while the current price is 8% up from ARS 92.87 which was recorded one week ago. Magic Eden's all time high is ARS 8,322.00, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 582,251,029. This is 58% of its max supply of 1,000,000,000 ME and 58% of its total supply of 999,990,734. The market cap is currently ARS 58.98B, which is a result of multiplying the current price of Magic Eden(ARS 101.39) by the total supply(999,990,734 ME). The fully diluted valuation of Magic Eden is ARS 101.29B. The diluted valuation of Magic Eden is ARS 101.29B.

Magic Eden had 22 buyers, 16 sellers and total 32 trades in the last 24h. Magic Eden was searched 17 times in the last 24h.

FAQ

We update our Magic Eden to ARS currency in real-time. Get the live price of Magic Eden on Coinbase.

The current market cap of Magic Eden is ARS 58.977B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is ARS 8,322.00. This all-time high is highest price paid for Magic Eden since it was launched.

Over the last 24 hours, the trading volume of Magic Eden is ARS 199.593B.

Assets that have a similar market cap to Magic Eden include Rocket Pool, Propy, Eurite, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 582 million.

Magic Eden ranks 346 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Yes, Magic Eden is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Magic Eden guide.

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Social stats

Popularity in posts

#263

Contributors

136

Posts

216

% About Magic Eden

0.049%

Articles

0

X (Twitter)

28.73% bullish

Sentiment

3.6 ★

Highlights

136 unique individuals are talking about Magic Eden and it is ranked #263 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Magic Eden has an average sentiment score of 3.6 out of 5. Finally, Magic Eden is becoming less newsworthy, with 0 news articles published about Magic Eden.

On Twitter, people are mostly neutral about Magic Eden. There were 34.21% of tweets with bullish sentiment compared to 19.08% of tweets with a bearish sentiment about Magic Eden. 65.79% of tweets were neutral about Magic Eden. These sentiments are based on 181 tweets.

On Reddit, Magic Eden was mentioned in 2 Reddit posts and there were 2 comments about Magic Eden. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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