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How to Buy Magic Eden
Good news! You can buy Magic Eden on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Magic Eden.
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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 20h ago
ME climbed roughly
↗7.7%
over the past month, but trading activity has cooled sharply while sellers outnumber buyers, creating a more volatile environment for the token.
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MX$1.16
Trading Insights
Buyer Ratio
72%0%
Traders
39
39.29%
Buyers
28
86.67%
Sellers
19
18.75%
Searched
24
Market Stats
Market Cap
MX$674.4M
1.41%
FDV
MX$1.16B
Circ. Supply
582M ME
Max Supply
1B ME
Total Supply
1B ME
Diluted Valuation
MX$1.16B
Performance
Popularity
#466
Dominance
0%
Volume (24H)
MX$2.48B
36.34%
Volume (7D)
MX$21.78B
Volume (30D)
MX$85.23B
All time high
MX$94.79
Price Change (1Y)
Not enough data
92.41%
Additional details
Market details
ME vs markets
↘ 86.69%
ME vs BTC
↘ 86.07%
ME vs ETH
↘ 84.79%
Tags
marketplace
collectibles-nfts
wallet
dapp
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u |
Price history
Time | Price | Change |
|---|---|---|
Today | MX$1.16 | |
1 Day | MX$1.18 | |
1 Week | MX$1.13 | |
1 Month | MX$1.01 | |
1 Year | MX$16.19 |
Coinbase insights
Happening now
AI generated 20h ago
ME climbed roughly
↗7.7%
over the past month, but trading activity has cooled sharply while sellers outnumber buyers, creating a more volatile environment for the token.
Market participation cooling
Trading volume dropped approximately
↘38%
over the past week, reflecting reduced activity that can make price movements less predictable in the near term.
Order flow showing imbalance
Sellers outnumbered buyers by 1.56x over the past week, creating downward pressure that may persist if the imbalance continues.
Thin liquidity increasing volatility
Market depth sits at just 0.87% of total value, meaning even modest trades can move prices more dramatically than usual and amplify swings in either direction.
Recent trends
The latest ME price is MX$1.16. Compared to Magic Eden's value of MX$1.18 from 24 hours ago, there's been a -1% decrease, while the current price is 2% up from MX$1.13 which was recorded one week ago. Magic Eden's all time high is MX$94.79, which was reached on December 11, 2024. This is a -99% change from its price today.
The current circulating supply of Magic Eden is 582,219,694. This is 58% of its max supply of 1,000,000,000 ME and 58% of its total supply of 999,990,734. The market cap is currently MX$674.4M, which is a result of multiplying the current price of Magic Eden(MX$1.16) by the total supply(999,990,734 ME). The fully diluted valuation of Magic Eden is MX$1.16B. The diluted valuation of Magic Eden is MX$1.16B.
Magic Eden had 28 buyers, 19 sellers and total 39 trades in the last 24h. Magic Eden was searched 24 times in the last 24h.
FAQ
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#304
Contributors
109
Posts
133
% About Magic Eden
0.046%
Articles
0
X (Twitter)
40.35% bullish
Sentiment
3.8 ★
Highlights
109 unique individuals are talking about Magic Eden and it is ranked #304 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 3.8 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 48.42% of tweets with bullish sentiment compared to 20% of tweets with a bearish sentiment about Magic Eden. 51.58% of tweets were neutral about Magic Eden. These sentiments are based on 114 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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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.