Magic Eden Price (ME)
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Market stats
Magic Eden is on the decline this week. ↘
The price of Magic Eden has increased by 0.24% in the last hour and increased by 3.03% in the past 24 hours. Magic Eden’s price has also fallen by 17.76% in the past week. The current price is £1.66 per ME with a 24-hour trading volume of £30.35M. Currently, Magic Eden is valued at 62.23% below its all time high of £4.39. This all-time high was the highest price paid for Magic Eden since its launch.
The current circulating supply of Magic Eden is 129,798,353.943 ME which means that Magic Eden has as total market cap of 129,798,353.943.
Overall
Market cap
£216.4M
Volume (24h)
£30.3M
Circulating
129.8M ME
Hold time
Not enough data
Popularity
#243
All time high
£4.39
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Price change
1 hour
↗ 0.24%
1 day
↗ 3.03%
1 week
↘ 17.76%
2 weeks
↘ 31.47%
1 month
↘ 33.86%
1 year
↘ 61%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
About Magic Eden
ME is the governance token for Magic Eden, an NFT marketplace on Solana. In addition to governance, ME can also be used to list or purchase NFTs on Magic Eden.
FAQ
ME is the native token of Magic Eden, a marketplace built on the Solana blockchain that focuses on the trading and management of non-fungible tokens (NFTs). Magic Eden serves as a platform for creators, collectors, and traders to buy, sell, and showcase NFT’s.
ME functions as a utility and governance token within the Magic Eden ecosystem. It allows holders to participate in governance decisions, such as voting on platform updates or changes. The token is also used for platform activities, including transaction fees or accessing premium features tied to NFT trading.
ME is primarily used to enable governance participation, where token holders vote on decisions related to the Magic Eden platform. It can also be used to interact with NFT-related services, such as paying fees, unlocking exclusive features, or incentivizing community activities. Beyond these roles, ME serves as a tradable asset within cryptocurrency markets.
Magic Eden was developed as a Solana-based NFT marketplace to address growing demand for NFT trading on a high-throughput blockchain. The introduction of ME aligned with the platform’s goals of decentralizing governance and incentivizing community participation. Its role within the ecosystem remains closely tied to NFT-related activities and governance decisions.
We update our Magic Eden to GBP currency in real-time. Get the live price of Magic Eden on Coinbase.
The current market cap of Magic Eden is £216.40M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Magic Eden is £4.39. 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 £30.35M.
Assets that have a similar market cap to Magic Eden include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Magic Eden is 130 million.
Magic Eden ranks 276 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.
Magic Eden Price History
Date | Price | Change |
|---|---|---|
Today (January 22, 2025) | £1.66 | 3.03% |
24 hours ago (January 21, 2025) | £1.63 | 3.03% |
1 week ago (January 15, 2025) | £2.05 | -17.76% |
1 month ago (December 22, 2024) | £2.47 | -33.86% |
1 year ago | £3.89 | -61.00% |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.