What determines the price movement of Magic Eden (ME)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Magic Eden. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Magic Eden, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Magic Eden. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Magic Eden on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Magic Eden. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Magic Eden and the broader cryptocurrency market.

What is the highest price of Magic Eden price in history?

Magic Eden achieved the all-time high of 30 in 2024-12-10, and is currently trading at 0.58.

What is the lowest price of Magic Eden price in history?

Magic Eden reached its all-time low of 0.5667 on 2025-10-09.

What is the current market cap of Magic Eden?

The current market cap of Magic Eden is 96939066.78867345, as 167136322.049437 ME is trading at the price of 0.58.

How many Magic Eden are there in the market?

There are currently 167136322.049437 ME circulating in the market. These Magic Eden can be actively traded or used in the open market.

What is the maximum supply of Magic Eden?

The maximum supply of ME is 1000000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Magic Eden?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Magic Eden is 580000000.000. The FDV is calculated taking the assumption that all supply of Magic Eden is circulation, multiplied by its current price of 0.58.

What is the price prediction of Magic Eden ?

Using an algorithm to automatically identify historical data trends, this Magic Eden price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Magic Eden a good investment?

Magic Eden offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Magic Eden and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Magic Eden.

How to buy Magic Eden?

You can buy Magic Eden via Gate by following the steps on how to buy ME once you have funded your account.

Magic Eden Price

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Magic Eden (ME) Price Live Chart

Magic Eden (ME) Price Today

Magic Eden (ME) price today is $0.58, with a 24-hour trading volume of $82.01K and as such Magic Eden (ME) has a market cap of $96.93M, giving it a market dominance of 0.013%. The Magic Eden (ME) price moved -0.32% in the last 24 hours.

ME Price Data

24h Turnover$82.01K
All-Time High(ATH)$30
24h High$0.5891
All-Time Low(ATL)$0.5667
24h Low$0.5667

ME Market Cap Infos

Market Cap$96.93M
Fully Diluted Valuation$580M
Market Cap/FDV16.71%
Market SentimentPositive

ME Supply

Circulating Supply167.13M ME
Total Supply1B ME
Max Supply1B ME

*Data is for reference only

Magic Eden (ME) Price Prediction

Magic Eden(ME) is predicted to average $0.5802 in 2025, with a potential swing between the lowest price $0.4583 and the highest price $0.8354. By 2030, Magic Eden(ME) price could reach to $1.35, offering a potential +79.00% return from today’s Magic Eden price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.4583	$0.8354	$0.5802	--
2026	$0.6158	$0.8281	$0.7078	+22.00%
2027	$0.3916	$0.9984	$0.768	+32.00%
2028	$0.6535	$0.9538	$0.8832	+52.00%
2029	$0.5143	$1.16	$0.9185	+58.00%
2030	$0.9799	$1.35	$1.04	+79.00%

Magic Eden(ME) Price History

Magic Eden(ME) price has moved -0.32% in the last 24 hours, and -5.08% in the past 7 days. The price of Magic Eden(ME) is -15.45% in the past 30 days, and -94.87% over the last year.