Convert Magic Eden ME to Wrapped Bitcoin WBTC
ME to WBTC: 1 Magic Eden converts to 0.0000007451 WBTC
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About ME and WBTC
Magic Eden is falling, while Wrapped Bitcoin is climbing this week. The current ME to WBTC conversion rate is 0.0000007451. Inversely, this means that if you convert 1 WBTC you will get 1,342,047.86 ME. The conversion rate of ME/WBTC has decreased by 0.42% in the last hour (WBTC/ME increased by 0.43%). In the last 24 hours, ME/WBTC shrunk by 1.71%, while WBTC/ME grew by 1.74%.
The exchange rate of Magic Eden is decreasing. The current value of 1 ME is 0.0000007451 WBTC. In other words, to buy 5 Magic Eden, it would cost you 0.0000037256 WBTC. Inversely, 1 WBTC would allow you to trade for 1,342,047.86 ME while 50 WBTC would convert to 67,102,392.90 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.31%. Meanwhile, in the last 24 hours, the rate has changed by 1.62%, which means that the highest exchange rate of 1 ME to WBTC was 0.0000007598 WBTC and the lowest 24 hour value was 1 ME for 0.0000007433 WBTC. Last month, 1 ME was worth 0.0000009198 WBTC. Today, it's down 18.99%. Looking back a year, Magic Eden has changed by 0.000005304 WBTC. That means that in a single year, the value of Magic Eden has shrank by 85.95%.
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
ME to WBTC values from Today at 6:16 am
0.5 ME = 0.0000003726 WBTC |
1 ME = 0.0000007451 WBTC |
5 ME = 0.000003726 WBTC |
10 ME = 0.000007451 WBTC |
50 ME = 0.00003726 WBTC |
100 ME = 0.00007451 WBTC |
500 ME = 0.0003726 WBTC |
1,000 ME = 0.0007451 WBTC |
WBTC to ME values from Today at 6:17 am
0.5 WBTC = 671,023.93 ME |
1 WBTC = 1,342,047.86 ME |
5 WBTC = 6,710,239.29 ME |
10 WBTC = 13,420,478.58 ME |
50 WBTC = 67,102,392.90 ME |
100 WBTC = 134,204,785.79 ME |
500 WBTC = 671,023,928.97 ME |
1,000 WBTC = 1,342,047,857.95 ME |
ME to WBTC over time
ME | Today | 24H -1.65% | 1M -23.44% | 1Y -611.87% |
|---|---|---|---|---|
0.5 ME | 0.0000003726 WBTC | 0.0000003787 WBTC | 0.0000004599 WBTC | 0.000002652 WBTC |
1 ME | 0.0000007451 WBTC | 0.0000007574 WBTC | 0.0000009198 WBTC | 0.000005304 WBTC |
5 ME | 0.000003726 WBTC | 0.000003787 WBTC | 0.000004599 WBTC | 0.00002652 WBTC |
10 ME | 0.000007451 WBTC | 0.000007574 WBTC | 0.000009198 WBTC | 0.00005304 WBTC |
50 ME | 0.00003726 WBTC | 0.00003787 WBTC | 0.00004599 WBTC | 0.0002652 WBTC |
100 ME | 0.00007451 WBTC | 0.00007574 WBTC | 0.00009198 WBTC | 0.0005304 WBTC |
500 ME | 0.0003726 WBTC | 0.0003787 WBTC | 0.0004599 WBTC | 0.002652 WBTC |
1,000 ME | 0.0007451 WBTC | 0.0007574 WBTC | 0.0009198 WBTC | 0.005304 WBTC |
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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.