Magic Eden
ME
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Magic Eden price
in USD$0.6708
-$0.0309 (-4.41%)
USD
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Market cap
$112.05M #173
Circulating supply
167.14M / 1B
All-time high
$22.63
24h volume
$11.34M
4.6 / 5
About Magic Eden
Magic Eden’s price performance
Past year
--
--
3 months
-6.21%
$0.72
30 days
-1.92%
$0.68
7 days
-3.76%
$0.70
Magic Eden’s biggest 24-hour price drop was on Dec 10, 2024, (UTC+8), when it fell by $19.43 (-85.86%). In Dec 2024, Magic Eden experienced its biggest drop over a month, falling by $20.05 (-88.59%). Magic Eden’s biggest drop over a year was by $20.05 (-88.59%) in 2024.
Magic Eden’s all-time low was $0.6377 (+5.19%) on Jun 23, 2025, (UTC+8). Its all-time high was $22.63 (-97.04%) on Dec 10, 2024, (UTC+8). Magic Eden’s circulating supply is 167,136,322 ME, which represents 16.71% of its maximum circulating supply of 1,000,000,000 ME.
Magic Eden on socials
📊 How to Evaluate Whether an L1 Token is Priced Correctly – Methods & Real-World Examples
Valuing L1 has never been easy, but it can be systematized into a clear framework.
Key point: don't mix apples with oranges – each type of token (L1, L2, protocol, L0) needs its own analysis framework. Here we will focus only on L1 tokens, divided into 2 groups:
Multi-purpose L1: $ETH, $SOL, $AVAX, $BNB, $SUI …
Application-focused L1: HYPE, dYdX, RUNE, TON…
🔑 Steps to Value L1
1️⃣ Revenue
Only consider the actual revenue that comes back to holders (burn, buyback, staking reward). Revenue leaving the system → ignore. If there is less than 1 year of data → take the number of months x4 to estimate.
2️⃣ FDV/Revenue Ratio
Similar to the P/S ratio in tech stocks (usually ~8–15). In crypto, it is often higher because the market values based on future expectations.
3️⃣ Growth & Usage
Need to monitor: number of active wallets, number of transactions, volume, TVL. The important thing is not the absolute number but the trend of stable growth.
4️⃣ Security Budget & Net Issuance
Formula: (number of tokens issued – number burned)/total supply.
Negative → deflationary, positive.
Positive → inflationary, needs attention.
5️⃣ Unlock Schedule
Look at when unlocks happen, who they are for, and what they are used for.
<10% circulating supply = light
10–30% = medium
30% = heavy
Unlocks for team/marketing = selling pressure; unlocks for ecosystem development = more positive.
DEGEN INSIGHTS
SOME BLOCKCHAINS PULLING CLEAR CASH FLOW
If you missed the SOL or AVAX wave... Don't worry, we will analyze each ecosystem to see which one has the most support.
$SOL -> $JTO, $ME Not pumped -> $PUMP, $PYTH, $W Pumped back -> Wear down
$AVAX -> $JOE Pumped
BSC -> $THE, $LISTA, $CAKE
Especially, you need to see which Narrative the cash flow is pushing into, and catch the wave to see if that Narrative is trending.
📉 $BTC takes a breather, down 2.1% to $116K amid Powell resignation rumors and a risk-off vibe (S&P 500 futures -1.8%). 😎 But altcoins are stealing the spotlight! 🚀 $TON, $JASMY, $GLM, $BONK, $SKL, $PEPE, $HBAR, $ANKR, $API3, $ME, $ENS, $SNX, $LTC, $XTZ, and $LAYER are flashing buy signals with massive volume spikes—$LAYER’s quadruple signal and $HBAR’s multi-signal surge lead the pack! 🔥 Total market cap at $3.3T, down 1.5%, but altcoin dominance is climbing (BTC.D at 59.3%, down from 65%). X posts scream altseason vibes, with $ETH/BTC bouncing and 60%+ of alts showing bullish impulse. Historically, August sees BTC cool-off, fueling altcoin rallies. Could $BTC’s dip to $110K-$115K spark a full-blown altcoin season? 👀 DYOR and stay sharp! 🔍 #CryptoMarket #Bitcoin #AltcoinRally #BuySignal #VolumeSpike #Breakout #Bullish #InvestSmart #DYOR #NFA #Blockchain #SummerVibes #TechTrends #Powell #Wormhole
Guides
Find out how to buy Magic Eden
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Magic Eden’s prices
How much will Magic Eden be worth over the next few years? Check out the community's thoughts and make your predictions.
View Magic Eden’s price history
Track your Magic Eden’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Magic Eden on OKX Learn
Magic Eden's Gamified Staking and Multi-Chain Innovations: A Deep Dive into $ME Rewards and Features
Magic Eden Rewards: Gamified Staking and Multi-Chain Innovations Magic Eden, a leading multi-chain NFT marketplace, has revolutionized the crypto space with its gamified staking mechanics, innovative
How Airdrops Are Revolutionizing Crypto Engagement: Insights from Magic Eden, Sonic, and More
Introduction to Crypto Airdrops Crypto airdrops have emerged as a powerful strategy in the cryptocurrency space, enabling blockchain projects to reward early adopters, incentivize platform engagement,
Get to know the technology behind Magic Eden ME
Exploring Magic Eden ME Technology: A Cross-Chain Revolution Magic Eden ME technology is at the forefront of the blockchain revolution, enabling seamless multi-chain asset trading through its innovati
What is Magic Eden: Get to know all about ME
What is Magic Eden ME? Magic Eden ME ($ME) is a cryptocurrency token designed to support the Magic Eden platform's cross-chain ecosystem strategy. As the largest NFT marketplace and Runes platform, Ma
Capitalize on market volatility with advanced trading tools
Magic Eden FAQ
Currently, one Magic Eden is worth $0.6708. For answers and insight into Magic Eden's price action, you're in the right place. Explore the latest Magic Eden charts and trade responsibly with OKX.
Cryptocurrencies, such as Magic Eden, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Magic Eden have been created as well.
Check out our Magic Eden price prediction page to forecast future prices and determine your price targets.
Dive deeper into Magic Eden
$ME is committed to supporting the cross-chain ecosystem super Dapp strategy led by MagicEden. This strategy mainly focuses on acquiring more users from different ecosystem, allowing users to trade multi-chain assets in the Magic Eden mobile wallet.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$112.05M #173
Circulating supply
167.14M / 1B
All-time high
$22.63
24h volume
$11.34M
4.6 / 5