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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 8h ago
ME dropped ↘7% this Friday morning, declining an additional 5% over recent hours, significantly underperforming Proof of Work peers.
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Trading Insights
Buyer Ratio
Traders
50
10.71%
Buyers
33
10.81%
Sellers
21
8.7%
Searched
16
Market Stats
Market Cap
S$44.86M
8.17%
FDV
S$76.45M
Circ. Supply
587M ME
Max Supply
1B ME
Total Supply
1B ME
Diluted Valuation
S$76.56M
Performance
Popularity
#464
Dominance
0%
Volume (24H)
S$222.34M
9.54%
Volume (7D)
S$1.24B
Volume (30D)
S$6.54B
All time high
S$6.91
Price Change (1Y)
91.19%
Additional details
Market details
ME vs markets
↘ 87.17%
ME vs BTC
↘ 87.7%
ME vs ETH
↘ 84.24%
Tags
marketplace
collectibles-nfts
wallet
dapp
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.07648 | |
1 Day | S$0.08319 | |
1 Week | S$0.08881 | |
1 Month | S$0.07917 | |
1 Year | S$0.8745 |
Coinbase insights
Happening now
AI generated 8h ago
ME dropped ↘7% this Friday morning, declining an additional 5% over recent hours, significantly underperforming Proof of Work peers.
Market Position
•
Weekly decline ↘15% significantly underperforms Proof of Work category peers DOGE and BTC
•
Trading volume surged ↗15%, outpacing broader market's ↗6% volume growth
•
Unique traders jumped ↗45% despite price weakness and sustained selling pressure
Recent trends
The latest ME price is S$0.07648. Compared to Magic Eden's value of S$0.08 from 24 hours ago, there's been a -8% decrease, while the current price is -14% down from S$0.09 which was recorded one week ago. Magic Eden's all time high is S$6.91, which was reached on December 11, 2024. This is a -99% change from its price today.
The current circulating supply of Magic Eden is 586,805,583. This is 59% of its max supply of 1,000,000,000 ME and 59% of its total supply of 999,990,678. The market cap is currently S$44.86M, which is a result of multiplying the current price of Magic Eden(S$0.08) by the total supply(999,990,678 ME). The fully diluted valuation of Magic Eden is S$76.45M. The diluted valuation of Magic Eden is S$76.45M.
Magic Eden had 33 buyers, 21 sellers and total 50 trades in the last 24h. Magic Eden was searched 16 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
#249
Contributors
183
Posts
315
% About Magic Eden
0.054%
Articles
0
X (Twitter)
27.82% bullish
Sentiment
3.7 ★
Highlights
183 unique individuals are talking about Magic Eden and it is ranked #249 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 3.7 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 32.38% of tweets with bullish sentiment compared to 16.39% of tweets with a bearish sentiment about Magic Eden. 67.62% of tweets were neutral about Magic Eden. These sentiments are based on 283 tweets.
On Reddit, Magic Eden was mentioned in 2 Reddit posts and there were 9 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.