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How to Buy Magic Eden
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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 4h ago
ME's
↘29%
monthly slide is accelerating as holders exit and selling pressure mounts across the Solana Ecosystem.
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61.54%
11
57.14%
11
83.33%
31
€47.10M
0.89%
€99.74M
472M ME
1B ME
1B ME
€99.78M
#361
0%
€120.82M
21.53%
€837.75M
€3.71B
€4.74
Not enough data
89.47%
ME vs markets
↘ 88.3%
ME vs BTC
↘ 87.53%
ME vs ETH
↘ 90.39%
Tags
marketplace
collectibles-nfts
wallet
dapp
+2
Network | Address | |
|---|---|---|
Solana | MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u |
Time | Price | Change |
|---|---|---|
Today | €0.0999 | |
1 Day | €0.0984 | |
1 Week | €0.0976 | |
1 Month | €0.1379 | |
1 Year | €0.9960 |
AI generated 4h ago
ME's
↘29%
monthly slide is accelerating as holders exit and selling pressure mounts across the Solana Ecosystem.
Foundation weakening across metrics
Multiple signals point to sustained weakness, with selling pressure outpacing buying by more than two-to-one over the past month while ME consolidates as the broader Solana Ecosystem category gained approximately
↗5%
.
Holders selling at losses
Blockchain data reveals investors are exiting positions at a loss, with fear indicators reaching -44 over the past few weeks as holders capitulate rather than waiting for a recovery.
Trading activity shows mixed signals
Volume jumped roughly
↗60%
over the past week, but overall market participation remains subdued with traders closing positions as open interest declined approximately
↘37%
over the past month.
The latest ME price is €0.0999. Compared to Magic Eden's value of €0.10 from 24 hours ago, there's been a 1% increase, while the current price is 1% up from €0.10 which was recorded one week ago. Magic Eden's all time high is €4.74, which was reached on December 11, 2024. This is a -98% change from its price today.
The current circulating supply of Magic Eden is 472,217,790. This is 47% of its max supply of 1,000,000,000 ME and 47% of its total supply of 999,991,730. The market cap is currently €47.1M, which is a result of multiplying the current price of Magic Eden(€0.10) by the total supply(999,991,730 ME). The fully diluted valuation of Magic Eden is €99.74M. The diluted valuation of Magic Eden is €99.74M.
Magic Eden had 11 buyers, 11 sellers and total 21 trades in the last 24h. Magic Eden was searched 31 times in the last 24h.
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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.
Popularity in posts
#115
Contributors
547
Posts
1,050
% About Magic Eden
0.154%
Articles
1
X (Twitter)
33.71% bullish
Sentiment
3.6 ★
Highlights
547 unique individuals are talking about Magic Eden and it is ranked #115 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 3.6 out of 5. Finally, Magic Eden is becoming less newsworthy, with 1 news articles published about Magic Eden.
On Twitter, people are mostly neutral about Magic Eden. There were 40.32% of tweets with bullish sentiment compared to 19.61% of tweets with a bearish sentiment about Magic Eden. 59.68% of tweets were neutral about Magic Eden. These sentiments are based on 976 tweets.
On Reddit, Magic Eden was mentioned in 38 Reddit posts and there were 300 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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