Magic Eden

ME Rank #478
Token
Market Signal Market Signal is a price-based 0–100 indicator combining 24-hour to one-year momentum, logarithmic position between the all-time low and high, recency of those milestones, and whether 24-hour volume change confirms the latest price move. It describes current market conditions, not a price forecast.
Bearish

30D -22.9% 99.5% below ATH

Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast.
$0.061
Updated Data via CoinMarketCap
Market cap The current market value of coins already in circulation.
$36.28M
Token Dominance This asset's share of the Token category's total market capitalization, calculated by dividing its market cap by the combined market cap of assets in its primary CryptoSlate category.
0.0%
Volume (24h) The estimated total value traded across exchanges over the past 24 hours.
$118.28M
Supply The circulating supply compared with the protocol-defined maximum supply.
595.5MMaximum supply: 1B
FDV Fully diluted valuation estimates the market value if the project's fully diluted token supply were circulating at the current price.
$60.93M

Magic Eden price chart

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Why Magic Eden is bearish

Bearish 30 100% data coverage Market Signal explains the weighted evidence behind the current price-based label. It describes current conditions and is not a price forecast.

Logarithmic historical position weighs on it. The available evidence produces a bearish reading rather than a price forecast.

Score drivers

Each bar shows how a formula-weighted input pulls the composite reading below or above its neutral midpoint.
Momentum 55% weight −9 pts
Historical position 20% weight −10 pts
Milestone recency 15% weight −1 pts
Volume confirmation 10% weight 0 pts

Historical position

The current price is placed between the all-time low and high on a logarithmic scale, matching the formula input.
Log scale · formula input Logarithmic placement gives equivalent percentage moves comparable visual distance across the full historical range.

Momentum evidence

These are the price-change horizons used by the Market Signal momentum component.
24H
Up 0.03%
7D
Down 0.04%
30D
Down 22.90%
Highest weight
90D
Up 2.47%
1Y
Down 90.14%

Market context

Not directly scored These supporting values provide context and are not directly included in the displayed signal score.
CEX volume (24h) The estimated centralized-exchange trading volume over the past 24 hours.
$118.28M
DEX volume (24h) The estimated decentralized-exchange trading volume over the past 24 hours.
$8
Total supply The total number of tokens that currently exist, excluding any that have been verifiably burned.
999.99M
How this score is calculated Model v1.0 · Current conditions, not a forecast.

What it measures

The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.

Configured model weights

Momentum
55% weight
Historical position
20% weight
Milestone recency
15% weight
Volume confirmation
10% weight

When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.

How to read it

50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.

Magic Eden Markets

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Showing 10 spot markets. Markets excluded from CMC price or volume calculations are hidden.

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Pair
Market details
1
Binance Trade ME
ME/USDT $0.061086 Vol (24h) $379.66K 570
Liquidity
570
Trade ME
2
Binance Trade ME
ME/TRY $0.060815 Vol (24h) $26.14K 568
Liquidity
568
Trade ME
3
Coinbase Exchange Trade ME
ME/USD $0.06104 Vol (24h) $68.8K 485
Liquidity
485
Trade ME
4
Upbit
ME/KRW $0.061502 Vol (24h) $389.43K 410
Liquidity
410

Use the market pair link to visit this exchange.

5
Upbit
ME/BTC $0.058502 Best price Vol (24h) $0 1
Liquidity
1

Use the market pair link to visit this exchange.

6
OKX Trade ME
ME/USDT $0.061087 Vol (24h) $74.76K 459
Liquidity
459
Trade ME
7
OKX Trade ME
ME/USDC $0.059131 Vol (24h) $1.31K 306
Liquidity
306
Trade ME
8
Bybit Trade ME
ME/USDT $0.061005 Vol (24h) $80.31K 293
Liquidity
293
Trade ME
9
Bitget
ME/USDT $0.061036 Vol (24h) $5.94K 420
Liquidity
420

Use the market pair link to visit this exchange.

10
Gate
ME/USDT $0.060928 Vol (24h) $2.69K 431
Liquidity
431

Use the market pair link to visit this exchange.

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About Magic Eden

$ME is driving the on-chain economy and embodies a comprehensive suite of cross-chain trading, minting, and wallet protocols. As the official token of Magic Eden, $ME will create the largest community of on-chain users who can earn $ME by trading assets across various chains.

$ME symbolizes the strength of decentralized applications, with Magic Eden being the primary developer of these protocols. The platform facilitates NFT and token trading across major ecosystems and serves as a gateway for new retail users to enter the crypto space, featuring a user-friendly mobile app for trading assets across all chains.

Community members are encouraged to propose enhancements to the protocols, promote adoption, and raise awareness. Additionally, all token holders can stake $ME for durations ranging from 1 day to 4 years. By participating in staking and engaging with the Magic Eden platform through Quests, users can earn rewards in $ME.

Categories
Token NFT Marketplace DApp

Magic Eden Token Contracts

Magic Eden Technical Details

Circulating Supply 595,535,062
Total Supply 999,990,042
Max Supply 1,000,000,000

Magic Eden FAQs

What is the price of Magic Eden today?

As of Oct 27, 2026, Magic Eden trades at $0.061.

What is the market cap of Magic Eden?

Magic Eden has a market capitalization of $36,284,008.78.

What is the 24-hour trading volume of Magic Eden?

Magic Eden has a 24-hour trading volume of $118,276,276.99.

What is the all-time high of Magic Eden?

Magic Eden reached an all-time high of $13.24, recorded on Dec 10, 2024. It is currently 99.54% below its all-time high.

What is the all-time low of Magic Eden?

Magic Eden recorded an all-time low of $0.055, recorded on Jun 30, 2026. It is currently 9.88% above its all-time low.

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