Magic Eden

ME Rank #459
Token
Market Signal
Bearish

30D +0.6% 99.5% below ATH

Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast.
$0.061
Updated Data via CoinMarketCap
Market cap
$35.88M
Token Dominance
0.0%
Volume (24h)
$159.24M
Circ. supply
586.81M
FDV
$61.14M

Magic Eden price chart

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Market Signal analysis

Why Magic Eden is bearish

Bearish 29 100% data coverage

Price momentum across the scored timeframes weighs on the reading. The available evidence produces a bearish reading rather than a price forecast.

Score drivers

Momentum 55% weight −10 pts
Historical position 20% weight −10 pts
Milestone recency 15% weight −1 pts
Volume confirmation 10% weight 0 pts

Historical position

Log scale · formula input

Momentum evidence

24H
Down 1.35%
7D
Down 7.06%
30D
Up 0.56%
Highest weight
90D
Down 29.36%
1Y
Down 90.14%

Market context

Not directly scored
CEX volume (24h)
$159.24M
DEX volume (24h)
$8
Total supply
999.99M
How this score is calculated Model v1.0 · Current conditions, not a forecast.

What it measures

The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.

Configured model weights

Momentum
55% weight
Historical position
20% weight
Milestone recency
15% weight
Volume confirmation
10% weight

When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.

How to read it

50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.

Magic Eden Markets

Loading market data Updated

Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.

Pair
1
Binance Trade ME
ME/USDT $0.07 $438.09K 542
2
Binance Trade ME
ME/TRY $0.07 $95.34K 544
3
Coinbase Exchange Trade ME
ME/USD $0.07 $46.26K 414
4
Upbit
ME/KRW $0.07 $835.57K 414
5
Upbit
ME/BTC $0.06 Best price $0 1
6
OKX Trade ME
ME/USDT $0.07 $161.07K 463
7
OKX Trade ME
ME/USD $0.07 $1.25K 296
8
Bybit Trade ME
ME/USDT $0.07 $258.48K 374
9
Bitget
ME/USDT $0.07 $53.78K 440
10
Gate
ME/USDT $0.07 $4.22K 465

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About Magic Eden

$ME is driving the on-chain economy and embodies a comprehensive suite of cross-chain trading, minting, and wallet protocols. As the official token of Magic Eden, $ME will create the largest community of on-chain users who can earn $ME by trading assets across various chains.

$ME symbolizes the strength of decentralized applications, with Magic Eden being the primary developer of these protocols. The platform facilitates NFT and token trading across major ecosystems and serves as a gateway for new retail users to enter the crypto space, featuring a user-friendly mobile app for trading assets across all chains.

Community members are encouraged to propose enhancements to the protocols, promote adoption, and raise awareness. Additionally, all token holders can stake $ME for durations ranging from 1 day to 4 years. By participating in staking and engaging with the Magic Eden platform through Quests, users can earn rewards in $ME.

Categories
Token Primary NFT Marketplace DApp

Magic Eden Token Contracts

Magic Eden Technical Details

Circulating Supply 586,805,583
Total Supply 999,990,677
Max Supply 1,000,000,000

Magic Eden FAQs

What is the price of Magic Eden today?

As of Aug 29, 2026, Magic Eden trades at $0.061.

What is the market cap of Magic Eden?

Magic Eden has a market capitalization of $35,877,966.49.

What is the 24-hour trading volume of Magic Eden?

Magic Eden has a 24-hour trading volume of $159,240,398.89.

What is the all-time high of Magic Eden?

Magic Eden reached an all-time high of $13.24, recorded on Dec 10, 2024. It is currently 99.54% below its all-time high.

What is the all-time low of Magic Eden?

Magic Eden recorded an all-time low of $0.055, recorded on Jun 30, 2026. It is currently 10.27% above its all-time low.

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