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 price climbed roughly

↗17%

over the past month while current trading shows more sellers than buyers, with the ratio at 0.56 over the past 24 hours.

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Trading Insights

Buyer Ratio

62%0%

Traders

53

43.24%

Buyers

33

50%

Sellers

25

47.06%

Searched

32

Market Stats

Market Cap

CA$64.04M

1.6%

FDV

CA$107.65M

Circ. Supply

595M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

CA$107.81M

Performance

Popularity

#427

Dominance

0%

Volume (24H)

CA$125.67M

17.79%

Volume (7D)

CA$993.71M

Volume (30D)

CA$4.62B

All time high

CA$7.72

Price Change (1Y)

87.81%

Additional details

Market details

ME vs markets

↘ 82.63%

ME vs BTC

↘ 82.26%

ME vs ETH

↘ 78.59%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
CA$0.1076
-1.74%
1 Day
CA$0.1101
-1.74%
1 Week
CA$0.1114
-3.36%
1 Month
CA$0.09036
+16.19%
1 Year
CA$0.8686
-87.81%

Coinbase insights

Happening now

AI generated

ME price climbed roughly

↗17%

over the past month while current trading shows more sellers than buyers, with the ratio at 0.56 over the past 24 hours.


Price rises amid mixed trading signals
Volume increased roughly

↗38%

over the past 24 hours while blockchain activity remained steady with 222 active addresses as of the latest snapshot.


Trading activity shows heavy losses
Over the past 24 hours, traders who bet on price increases lost approximately $102M while those betting on declines lost approximately $70M, showing more pain for buyers.

Large holder base remains stable
The network maintains 151,936 total holders as of the latest snapshot, while recent sellers have been taking losses according to blockchain data.

Recent trends

The latest ME price is CA$0.1076. Compared to Magic Eden's value of CA$0.11 from 24 hours ago, there's been a -2% decrease, while the current price is -3% down from CA$0.11 which was recorded one week ago. Magic Eden's all time high is CA$7.72, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 594,864,547. This is 59% of its max supply of 1,000,000,000 ME and 59% of its total supply of 999,990,095. The market cap is currently CA$64.04M, which is a result of multiplying the current price of Magic Eden(CA$0.11) by the total supply(999,990,095 ME). The fully diluted valuation of Magic Eden is CA$107.65M. The diluted valuation of Magic Eden is CA$107.65M.

Magic Eden had 33 buyers, 25 sellers and total 53 trades in the last 24h. Magic Eden was searched 32 times in the last 24h.

FAQ

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

The current market cap of Magic Eden is CA$64.04M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is CA$7.72. 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 CA$125.672M.

Assets that have a similar market cap to Magic Eden include Micron Technology Tokenized bStocks, Request, ConstitutionDAO, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 595 million.

Magic Eden ranks 319 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

#167

Contributors

309

Posts

412

% About Magic Eden

0.079%

Articles

4

X (Twitter)

29.92% bullish

Sentiment

3.0 ★

Highlights

309 unique individuals are talking about Magic Eden and it is ranked #167 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 3.0 out of 5. Finally, Magic Eden is becoming less newsworthy, with 4 news articles published about Magic Eden.

On Twitter, people are mostly neutral about Magic Eden. There were 39.58% of tweets with bullish sentiment compared to 32.29% of tweets with a bearish sentiment about Magic Eden. 60.42% of tweets were neutral about Magic Eden. These sentiments are based on 381 tweets.

On Reddit, Magic Eden was mentioned in 1 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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