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 1h ago

ME pulled back roughly

↘9%

over the past day but still holds a

↗16%

weekly gain as trading activity surged approximately

↗66%

over the past week.

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A$0.09567

Trading Insights

Buyer Ratio

77%0%

Traders

77

7.23%

Buyers

59

6.35%

Sellers

34

5.56%

Searched

38

Market Stats

Market Cap

A$56.09M

3.83%

FDV

A$95.58M

Circ. Supply

587M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

A$95.68M

Performance

Popularity

#423

Dominance

0%

Volume (24H)

A$257.63M

5.87%

Volume (7D)

A$1.48B

Volume (30D)

A$7.14B

All time high

A$7.57

Price Change (1Y)

90.02%

Additional details

Market details

ME vs markets

↘ 85.28%

ME vs BTC

↘ 85.86%

ME vs ETH

↘ 81.3%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
A$0.09567
-5.35%
1 Day
A$0.1007
-5.35%
1 Week
A$0.08159
+17.91%
1 Month
A$0.09334
+4.60%
1 Year
A$1.05
-90.02%

Coinbase insights

Happening now

AI generated 1h ago

ME pulled back roughly

↘9%

over the past day but still holds a

↗16%

weekly gain as trading activity surged approximately

↗66%

over the past week.


Weekly momentum outweighs daily pullback

The

↗16%

gain over the past week provides broader context for the daily decline, with trading volume jumping roughly

↗66%

during the same period. ME operates within the Solana Ecosystem and NFTs categories.


Selling pressure dominated recent trading

More people sold than bought over the past 24 hours, pushing the price toward the bottom of its daily range. Trading volume reached approximately $191 million over the same period.


Ownership widely distributed

The top 10 holders control only about 0.7% of the total supply, indicating broad distribution across many wallets. The total potential supply is roughly 1.7 times the current circulating amount, representing moderate future dilution.

Recent trends

The latest ME price is A$0.09567. Compared to Magic Eden's value of A$0.10 from 24 hours ago, there's been a -5% decrease, while the current price is 18% up from A$0.08 which was recorded one week ago. Magic Eden's all time high is A$7.57, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 586,823,706. This is 59% of its max supply of 1,000,000,000 ME and 59% of its total supply of 999,990,686. The market cap is currently A$56.09M, which is a result of multiplying the current price of Magic Eden(A$0.10) by the total supply(999,990,686 ME). The fully diluted valuation of Magic Eden is A$95.58M. The diluted valuation of Magic Eden is A$95.58M.

Magic Eden had 59 buyers, 34 sellers and total 77 trades in the last 24h. Magic Eden was searched 38 times in the last 24h.

FAQ

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

The current market cap of Magic Eden is A$56.089M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is A$7.57. 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 A$257.628M.

Assets that have a similar market cap to Magic Eden include ApeX Protocol, LAB, ConstitutionDAO, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 587 million.

Magic Eden ranks 345 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

#311

Contributors

116

Posts

203

% About Magic Eden

0.043%

Articles

0

X (Twitter)

32.2% bullish

Sentiment

3.7 ★

Highlights

116 unique individuals are talking about Magic Eden and it is ranked #311 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 3.7 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 38% of tweets with bullish sentiment compared to 18% of tweets with a bearish sentiment about Magic Eden. 62% of tweets were neutral about Magic Eden. These sentiments are based on 177 tweets.

On Reddit, Magic Eden was mentioned in 3 Reddit posts and there were 5 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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