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 dropped about 5% recently, trailing Solana Ecosystem leader JUP despite ranking third in volume.

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CA$0.08696

Trading Insights

Buyer Ratio

46%0%

Traders

28

12.5%

Buyers

13

40.91%

Sellers

16

0%

Searched

31

Market Stats

Market Cap

CA$50.49M

4.51%

FDV

CA$86.87M

Circ. Supply

581M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

CA$86.8M

Performance

Popularity

#507

Dominance

0%

Volume (24H)

CA$288.14M

22.58%

Volume (7D)

CA$1.94B

Volume (30D)

CA$7.73B

All time high

CA$7.69

Price Change (1Y)

Not enough data

91.97%

Additional details

Market details

ME vs markets

↘ 87.66%

ME vs BTC

↘ 85.8%

ME vs ETH

↘ 88.18%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
CA$0.08696
-4.60%
1 Day
CA$0.09111
-4.60%
1 Week
CA$0.08474
+2.68%
1 Month
CA$0.0834
+2.34%
1 Year
CA$1.04
-91.97%

Coinbase insights

Happening now

AI generated 1h ago

ME dropped about 5% recently, trailing Solana Ecosystem leader JUP despite ranking third in volume.


Market Position

Weekly gains of roughly 7% lag SOL's dominant 9% surge

Maintains third-highest trading activity with 22% volume growth since yesterday

Monthly gains of 5% trail category standout JUP's 26% performance

Recent trends

The latest ME price is CA$0.08696. Compared to Magic Eden's value of CA$0.09 from 24 hours ago, there's been a -5% decrease, while the current price is 3% up from CA$0.08 which was recorded one week ago. Magic Eden's all time high is CA$7.69, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 581,239,861. This is 58% of its max supply of 1,000,000,000 ME and 58% of its total supply of 999,990,843. The market cap is currently CA$50.49M, which is a result of multiplying the current price of Magic Eden(CA$0.09) by the total supply(999,990,843 ME). The fully diluted valuation of Magic Eden is CA$86.87M. The diluted valuation of Magic Eden is CA$86.87M.

Magic Eden had 13 buyers, 16 sellers and total 28 trades in the last 24h. Magic Eden was searched 31 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$50.493M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is CA$7.69. 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$288.144M.

Assets that have a similar market cap to Magic Eden include Invesco QQQ Tokenized ETF (Ondo), Celo Dollar, Vitalum, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 581 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

#271

Contributors

171

Posts

272

% About Magic Eden

0.051%

Articles

1

X (Twitter)

33.05% bullish

Sentiment

3.4 ★

Highlights

171 unique individuals are talking about Magic Eden and it is ranked #271 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 3.4 out of 5. Finally, Magic Eden is becoming less newsworthy, with 1 news articles published about Magic Eden.

On Twitter, people are mostly neutral about Magic Eden. There were 41.8% of tweets with bullish sentiment compared to 26.46% of tweets with a bearish sentiment about Magic Eden. 58.2% of tweets were neutral about Magic Eden. These sentiments are based on 239 tweets.

On Reddit, Magic Eden was mentioned in 1 Reddit posts and there were 6 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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