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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 0.4743. Inversely, this means that if you convert 1 RED you will get 2.11 ME. The conversion rate of ME/RED has increased by 4.35% in the last hour (RED/ME decreased by 4.35%). In the last 24 hours, ME/RED shrunk by 7.47%, while RED/ME grew by the same amount.
The exchange rate of Magic Eden is decreasing. The current value of 1 ME is 0.4743 RED. In other words, to buy 5 Magic Eden, it would cost you 2.3717 RED. Inversely, 1 RED would allow you to trade for 2.11 ME while 50 RED would convert to 105.41 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.56%. Meanwhile, in the last 24 hours, the rate has changed by 6.54%, and that the highest exchange rate of 1 ME to RED was 0.5054 RED and the lowest 24 hour value was 1 ME for 0.4094 RED. Last month, 1 ME was worth 0.7424 RED. Today, it's down 56.51%. Looking back a year, Magic Eden has changed by 1.16 RED. That means that in a single year, the value of Magic Eden has shrank by 144.3%.
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 5:30 am
0.5 ME = 0.2372 RED |
1 ME = 0.4743 RED |
5 ME = 2.37 RED |
10 ME = 4.74 RED |
50 ME = 23.72 RED |
100 ME = 47.43 RED |
500 ME = 237.17 RED |
1,000 ME = 474.33 RED |
RED to ME values from Today at 5:39 am
0.5 RED = 1.05 ME |
1 RED = 2.11 ME |
5 RED = 10.54 ME |
10 RED = 21.08 ME |
50 RED = 105.41 ME |
100 RED = 210.82 ME |
500 RED = 1,054.11 ME |
1,000 RED = 2,108.22 ME |
ME to RED over time
ME | Today | 24H -6.54% | 1M -56.51% | 1Y -144.30% |
|---|---|---|---|---|
0.5 ME | 0.2372 RED | 0.2527 RED | 0.3712 RED | 0.5794 RED |
1 ME | 0.4743 RED | 0.5054 RED | 0.7424 RED | 1.16 RED |
5 ME | 2.37 RED | 2.53 RED | 3.71 RED | 5.79 RED |
10 ME | 4.74 RED | 5.05 RED | 7.42 RED | 11.59 RED |
50 ME | 23.72 RED | 25.27 RED | 37.12 RED | 57.94 RED |
100 ME | 47.43 RED | 50.54 RED | 74.24 RED | 115.88 RED |
500 ME | 237.17 RED | 252.68 RED | 371.18 RED | 579.41 RED |
1,000 ME | 474.33 RED | 505.37 RED | 742.36 RED | 1,158.81 RED |
Frequently asked questions
Right now, 1 Magic Eden is worth about CA$0.09153.
Based on the current rate, you could get 10.93 ME for 1 CAD.
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 CAD calculator at the top of this page to convert any amount of ME to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 54.63 ME. Inversely, 5 ME will cost about CA$0.4577
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 Paycoin, Rocket Pool, and Atoshi. 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.