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

ME trading volume rose roughly

↗34%

over the past month while price declined roughly

↘24%

over the same period, with more people selling than buying as of the latest daily snapshot.

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A$0.08708
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Trading Insights

Buyer Ratio

43%0%

Traders

23

4.17%

Buyers

10

11.11%

Sellers

14

17.65%

Searched

22

Market Stats

Market Cap

A$51.63M

3.12%

FDV

A$86.68M

Circ. Supply

596M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

A$87.22M

Performance

Popularity

#483

Dominance

0%

Volume (24H)

A$149.26M

0.3%

Volume (7D)

A$1.41B

Volume (30D)

A$6.14B

All time high

A$7.71

Price Change (1Y)

88.18%

Additional details

Market details

ME vs markets

↘ 83.34%

ME vs BTC

↘ 83.49%

ME vs ETH

↘ 79.85%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
A$0.08708
+2.90%
1 Day
A$0.08466
+2.90%
1 Week
A$0.08921
-2.35%
1 Month
A$0.1062
-17.90%
1 Year
A$0.7878
-88.18%

Coinbase insights

Happening now

AI generated

ME trading volume rose roughly

↗34%

over the past month while price declined roughly

↘24%

over the same period, with more people selling than buying as of the latest daily snapshot.


Trading activity rises amid selling pressure
Roughly 1.5 times more people were selling than buying over the past 24 hours while trading volume increased roughly

↗10%

over the past week.


Investors realizing losses
The profit-loss indicator sat at 0.95 as of the latest snapshot, reflecting loss realization, while the fear indicator registered approximately -55.

Ownership remains well distributed
The top 10 largest holders controlled less than 1% of the total supply, with more than 151,000 holder addresses recorded as of the latest snapshot.

Recent trends

The latest ME price is A$0.08708. Compared to Magic Eden's value of A$0.08 from 24 hours ago, there's been a 3% increase, while the current price is -2% down from A$0.09 which was recorded one week ago. Magic Eden's all time high is A$7.71, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 595,624,160. This is 60% of its max supply of 1,000,000,000 ME and 60% of its total supply of 999,990,042. The market cap is currently A$51.63M, which is a result of multiplying the current price of Magic Eden(A$0.09) by the total supply(999,990,042 ME). The fully diluted valuation of Magic Eden is A$86.68M. The diluted valuation of Magic Eden is A$86.68M.

Magic Eden had 10 buyers, 14 sellers and total 23 trades in the last 24h. Magic Eden was searched 22 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$51.631M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is A$7.71. 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$149.264M.

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

The current circulating supply of Magic Eden is 596 million.

Magic Eden ranks 312 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

#225

Contributors

100

Posts

263

% About Magic Eden

0.054%

Articles

0

X (Twitter)

18.03% bullish

Sentiment

3.3 ★

Highlights

100 unique individuals are talking about Magic Eden and it is ranked #225 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 3.3 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 19.91% of tweets with bullish sentiment compared to 10.43% of tweets with a bearish sentiment about Magic Eden. 80.09% of tweets were neutral about Magic Eden. These sentiments are based on 238 tweets.

On Reddit, Magic Eden was mentioned in 0 Reddit posts and there were 0 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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