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 15h ago
Following a massive surge in online discussion, investors are now watching to see if ME can reverse its recent underperformance compared to other assets in the Solana ecosystem.
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Trading Insights
Buyer Ratio
Traders
81
-66.11%
Buyers
34
-82.38%
Sellers
52
-35.8%
Searched
87
Market Stats
Market Cap
S$146.34M
1.36%
FDV
S$875.58M
Circ. Supply
167M ME
Max Supply
1B ME
Total Supply
1B ME
Diluted Valuation
S$875.94M
Performance
Popularity
#352
Dominance
0%
Volume (24H)
S$20.49M
1.77%
Volume (7D)
S$117.23M
Volume (30D)
S$677.17M
All time high
S$6.94
Price Change (1Y)
-86.26%
Additional details
Market details
ME vs markets
↘ 93.06%
ME vs BTC
↘ 92.61%
ME vs ETH
↘ 92.58%
Tags
marketplace
collectibles-nfts
wallet
dapp
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.87 | ↗ 1.49% |
1 Day | S$0.86 | ↗ 1.49% |
1 Week | S$0.89 | ↘ 1.16% |
1 Month | S$0.89 | ↘ 1.66% |
1 Year | S$6.66 | ↘ 86.26% |
Coinbase insights
Happening now
AI generated 15h ago
Following a massive surge in online discussion, investors are now watching to see if ME can reverse its recent underperformance compared to other assets in the Solana ecosystem.
ME's performance lags the Solana market
The price of ME declined by
↘3%
over the past week, a sharp contrast to the
↗5%
average gain seen across the broader Solana ecosystem. This comes as ME ranks last for yearly performance and remains down
↘88%
from its all-time high, while competitors like SOL posted positive weekly returns.
Social media mentions spike without sustained engagement
ME saw an extraordinary
↗14,114,960%
increase in social activity this week, a figure that started from a near-zero level. However, social analytics data shows the asset has a very weak social momentum score of 25 out of 100, indicating the spike may not reflect sustained community engagement.
Recent trends
The latest ME price is S$0.87. Compared to Magic Eden's value of S$0.86 from 24 hours ago, there's been a 1% increase, while the current price is -1% down from S$0.89 which was recorded one week ago. Magic Eden's all time high is S$6.94, which was reached on December 11, 2024. This is a -87% change from its price today.
The current circulating supply of Magic Eden is 167,132,792. This is 17% of its max supply of 1,000,000,000 ME and 17% of its total supply of 999,996,470. The market cap is currently S$146.34M, which is a result of multiplying the current price of Magic Eden(S$0.87) by the total supply(999,996,470 ME). The fully diluted valuation of Magic Eden is S$875.58M. The diluted valuation of Magic Eden is S$875.58M.
Magic Eden had 34 buyers, 52 sellers and total 81 trades in the last 24h. Magic Eden was searched 87 times in the last 24h.
FAQ
We update our Magic Eden to SGD currency in real-time. Get the live price of Magic Eden on Coinbase.
The current market cap of Magic Eden is S$146.34M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Magic Eden is S$6.94. 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 S$20.49M.
Assets that have a similar market cap to Magic Eden include Blast, Space and Time, Noble Dollar, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Magic Eden is 167 million.
Magic Eden ranks 335 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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Social stats
Popularity in posts
#83
Contributors
777
Posts
2,110
% About Magic Eden
0.216%
Articles
1
Hold times
0 days
X (Twitter)
48.25% bullish
Sentiment
4.4 ★
Highlights
777 unique individuals are talking about Magic Eden and it is ranked #83 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 88 out of 5. Finally, Magic Eden is becoming less newsworthy, with 1 news articles published about Magic Eden.
On Twitter, people are mostly bullish about Magic Eden. There were 50.98% of tweets with bullish sentiment compared to 5.66% of tweets with a bearish sentiment about Magic Eden. 49.02% of tweets were neutral about Magic Eden. These sentiments are based on 1985 tweets.
On Reddit, Magic Eden was mentioned in 10 Reddit posts and there were 0 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.