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 1h ago

ME trading volume jumped roughly

↗59%

over the past week while the platform saw roughly 1.8 times more sellers than buyers over the past 24 hours.

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Trading Insights

Buyer Ratio

54%0%

Traders

56

12%

Buyers

30

16.67%

Sellers

33

3.13%

Searched

16

Market Stats

Market Cap

€34M

0.31%

FDV

€57.51M

Circ. Supply

591M ME

Max Supply

1B ME

Total Supply

1B ME

Diluted Valuation

€57.5M

Performance

Popularity

#435

Dominance

0%

Volume (24H)

€107.32M

10.22%

Volume (7D)

€661.75M

Volume (30D)

€4.42B

All time high

€4.69

Price Change (1Y)

90.16%

Additional details

Market details

ME vs markets

↘ 85.25%

ME vs BTC

↘ 85.6%

ME vs ETH

↘ 82.57%

Tags

marketplace

collectibles-nfts

wallet

dapp

+2

Network & Addresses

Network
Address

Solana

MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Price history

Time
Price
Change
Today
€0.05748
-0.03%
1 Day
€0.05749
-0.07%
1 Week
€0.05658
+1.32%
1 Month
€0.05541
+3.95%
1 Year
€0.5755
-90.16%

Coinbase insights

Happening now

AI generated 1h ago

ME trading volume jumped roughly

↗59%

over the past week while the platform saw roughly 1.8 times more sellers than buyers over the past 24 hours.


Price recovers as activity rises

Price climbed roughly

↗5%

over the past month while blockchain data from the September 13 snapshot showed 152,784 total holders with steady network activity.


Investors selling at a loss

As of the September 13 snapshot, blockchain data showed investors were selling at a loss with cautious sentiment across holders, reflecting the asset's roughly

↘90%

decline over the past year.


Trading positions show mixed signals

Trading positions declined roughly

↘2%

while

Recent trends

The latest ME price is €0.05748. Compared to Magic Eden's value of €0.06 from 24 hours ago, there's been a -0% decrease, while the current price is 1% up from €0.06 which was recorded one week ago. Magic Eden's all time high is €4.69, which was reached on December 11, 2024. This is a -99% change from its price today.

The current circulating supply of Magic Eden is 591,258,943. This is 59% of its max supply of 1,000,000,000 ME and 59% of its total supply of 999,990,268. The market cap is currently €34M, which is a result of multiplying the current price of Magic Eden(€0.06) by the total supply(999,990,268 ME). The fully diluted valuation of Magic Eden is €57.51M. The diluted valuation of Magic Eden is €57.51M.

Magic Eden had 30 buyers, 33 sellers and total 56 trades in the last 24h. Magic Eden was searched 16 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 €34.004M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Magic Eden is €4.69. 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 €107.32M.

Assets that have a similar market cap to Magic Eden include Infinity Ground, WINk, Status, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Magic Eden is 591 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

#322

Contributors

91

Posts

153

% About Magic Eden

0.037%

Articles

0

X (Twitter)

44.2% bullish

Sentiment

4.9 ★

Highlights

91 unique individuals are talking about Magic Eden and it is ranked #322 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 4.9 out of 5. Finally, Magic Eden is becoming less newsworthy, with 0 news articles published about Magic Eden.

On Twitter, people are mostly bullish about Magic Eden. There were 52.14% of tweets with bullish sentiment compared to 17.95% of tweets with a bearish sentiment about Magic Eden. 47.86% of tweets were neutral about Magic Eden. These sentiments are based on 138 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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