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 18h ago

While trading activity quieted down over the past week, ME's price stayed relatively stable with a

↗1.97%

gain over the past day.

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€0.05286

Trading Insights

Buyer Ratio

62%0%

Traders

37

15.63%

Buyers

23

21.05%

Sellers

19

5.56%

Searched

18

Market Stats

Market Cap

€30.96M

7.55%

FDV

€52.76M

Circ. Supply

587M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

€52.7M

Performance

Popularity

#434

Dominance

0%

Volume (24H)

€159.16M

130.22%

Volume (7D)

€711.34M

Volume (30D)

€2.71B

All time high

€4.63

Price Change (1Y)

91.13%

Additional details

Market details

ME vs markets

↘ 86.31%

ME vs BTC

↘ 85.87%

ME vs ETH

↘ 83.14%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
€0.05286
+7.58%
1 Day
€0.04946
+7.58%
1 Week
€0.05489
-2.45%
1 Month
€0.05318
+1.73%
1 Year
€0.5978
-91.13%

Coinbase insights

Happening now

AI generated 18h ago

While trading activity quieted down over the past week, ME's price stayed relatively stable with a

↗1.97%

gain over the past day.


Mixed signals during quiet period

Trading volume dropped roughly

↘35.54%

over the past 24 hours while the number of active traders fell approximately

↘35.6%

over the same period, reflecting a cooling-off phase after recent activity.


Trading activity slowing down

Daily volume declined roughly

↘35.54%

over the past 24 hours and weekly volume fell approximately

↘24.73%

over the past week, indicating lighter market participation across both timeframes.


More sellers than buyers recently

The market saw roughly 1.45 sellers for every buyer over the past day, creating some selling pressure even as the price held relatively steady.


Broader market volatility backdrop

Across the wider crypto market, forced closures of pessimistic positions outnumbered optimistic ones by approximately 7.9 to 1 over the past 24 hours, providing context for ME's stability during this period.

Recent trends

The latest ME price is €0.05286. Compared to Magic Eden's value of €0.05 from 24 hours ago, there's been a 8% increase, while the current price is -2% down from €0.05 which was recorded one week ago. Magic Eden's all time high is €4.63, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 586,805,695. This is 59% of its max supply of 1,000,000,000 ME and 59% of its total supply of 999,990,720. The market cap is currently €30.96M, which is a result of multiplying the current price of Magic Eden(€0.05) by the total supply(999,990,720 ME). The fully diluted valuation of Magic Eden is €52.76M. The diluted valuation of Magic Eden is €52.76M.

Magic Eden had 23 buyers, 19 sellers and total 37 trades in the last 24h. Magic Eden was searched 18 times in the last 24h.

FAQ

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

The current market cap of Magic Eden is €30.96M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is €4.63. 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 €159.16M.

Assets that have a similar market cap to Magic Eden include PumpMeme, APRO, Seeker, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 587 million.

Magic Eden ranks 348 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

#246

Contributors

132

Posts

227

% About Magic Eden

0.055%

Articles

0

X (Twitter)

27.23% bullish

Sentiment

3.1 ★

Highlights

132 unique individuals are talking about Magic Eden and it is ranked #246 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 3.1 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 31.18% of tweets with bullish sentiment compared to 14.52% of tweets with a bearish sentiment about Magic Eden. 68.82% of tweets were neutral about Magic Eden. These sentiments are based on 213 tweets.

On Reddit, Magic Eden was mentioned in 0 Reddit posts and there were 0 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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