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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.
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Trading Insights
Buyer Ratio
Traders
36
28.57%
Buyers
21
16.67%
Sellers
17
30.77%
Searched
16
Market Stats
Market Cap
S$46.33M
11.3%
FDV
S$77.78M
Circ. Supply
596M ME
Max Supply
1B ME
Total Supply
1B ME
Diluted Valuation
S$77.65M
Performance
Popularity
#473
Dominance
0%
Volume (24H)
S$211.64M
24.24%
Volume (7D)
S$1B
Volume (30D)
S$5.61B
All time high
S$6.96
Price Change (1Y)
86.53%
Additional details
Market details
ME vs markets
↘ 80.93%
ME vs BTC
↘ 81.55%
ME vs ETH
↘ 77.25%
Tags
marketplace
collectibles-nfts
wallet
dapp
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.07791 | |
1 Day | S$0.08737 | |
1 Week | S$0.09267 | |
1 Month | S$0.08361 | |
1 Year | S$0.5805 |
Coinbase insights
Happening now
AI generated
Weekly price down ↘10%, underperforming BTC (↗3%) and ETH (↘4%) over the same period
Yearly decline of roughly ↘86%, far exceeding the Dynamic/Trending Asset category average of ↘28%
Weekly trading volume ↗11%, while only about 28 unique traders were active in the last 24 hours
Recent trends
The latest ME price is S$0.07791. Compared to Magic Eden's value of S$0.09 from 24 hours ago, there's been a -11% decrease, while the current price is -16% down from S$0.09 which was recorded one week ago. Magic Eden's all time high is S$6.96, which was reached on December 11, 2024. This is a -99% change from its price today.
The current circulating supply of Magic Eden is 595,644,250. This is 60% of its max supply of 1,000,000,000 ME and 60% of its total supply of 999,990,067. The market cap is currently S$46.33M, which is a result of multiplying the current price of Magic Eden(S$0.08) by the total supply(999,990,067 ME). The fully diluted valuation of Magic Eden is S$77.78M. The diluted valuation of Magic Eden is S$77.78M.
Magic Eden had 21 buyers, 17 sellers and total 36 trades in the last 24h. Magic Eden was searched 16 times in the last 24h.
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
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
#169
Contributors
217
Posts
419
% About Magic Eden
0.083%
Articles
0
X (Twitter)
29.64% bullish
Sentiment
4.4 ★
Highlights
217 unique individuals are talking about Magic Eden and it is ranked #169 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 4.4 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 34.64% of tweets with bullish sentiment compared to 16.87% of tweets with a bearish sentiment about Magic Eden. 65.36% of tweets were neutral about Magic Eden. These sentiments are based on 388 tweets.
On Reddit, Magic Eden was mentioned in 2 Reddit posts and there were 5 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.