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ME to USDT Converter
1 ME = 0.0600882 USDT · updated 06:21 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Magic Eden Markets
Magic Eden Historical Data
About Magic Eden (ME)
Magic Eden’s ME token is associated with a product suite that has expanded from NFT trading toward multichain digital-asset services. A Help Center guide dated June 30, 2026 explains staking through the platform’s Rewards interface.
A token for Magic Eden’s on-chain products
Magic Eden began as an NFT marketplace. It later described $ME as an incentive token for a wider, multichain product plan. In “The Future of Crypto Will Be MAGIC,” the company set out a goal to bring cross-chain trading into one app. The plan included Solana tokens, Bitcoin Runes, and cross-chain swaps. That text records the project’s direction at the time it was published, rather than proving that every planned asset or network feature is available today. The ME token is separate from any NFT listed on the marketplace.
Trading across ecosystems
The marketplace has supported NFT activity on several blockchains. Its public pages also describe plans for token trading and wallet tools. Its “all assets, all chains” principle focused on reducing the need to use separate applications for different ecosystems. The platform’s products and available trading pairs can change independently of token supply. A marketplace listing is not a ME token contract. An NFT bought on the platform is not itself a unit of ME.
Staking and platform rewards
Magic Eden’s Help Center article dated June 30, 2026 explains that users can stake ME through the platform’s Rewards section. The flow includes choosing an amount and a lock-up period; longer lock-ups increase the displayed staking-power multiplier. The tokens remain locked for the chosen period, and users can review the end date and multiplier before confirming. This staking plan has set lock-up choices. It does not promise a reward to every ME holder or a fixed rate for every term.
The announced repurchase program
On November 12, 2025, Magic Eden announced a buyback plan. It said 15% of NFT-marketplace revenue would go to ME buybacks and another 15% to NFT purchases from listed collections. The statement framed the NFT purchases as an ecosystem-support program, with assets to be retained in a public on-chain collection called The Garden of Eden. The announcement is a dated statement of the program’s launch terms. It should not be read as proof of a fixed token price, and its historical announcement is separate from the live ME price.
Understanding what market data shows
FMchart’s composite USD chart shows market prices, not Magic Eden’s NFT listings, staking count, or marketplace revenue. The token’s own market activity can change even when the platform’s product set stays the same. Magic Eden’s 2024 principles described a long-term role for ME in user rewards and said founders planned to lock their tokens for at least 18 months after token generation. That statement concerned founder allocations; it did not determine the lock-up period chosen by an individual user in the Rewards interface documented on June 30, 2026.
Last reviewed: Oct 9, 2026
Magic Eden (ME) FAQ
What is ME’s circulating supply?
620,916,292 ME are reported in circulation by the live supply field. Magic Eden’s June 30, 2026 help article describes staking through Rewards, where users choose a lock-up period that affects the displayed staking-power multiplier. The live supply value and the amount staked through Rewards are separate measurements.
What is the current price of ME?
On FMchart, ME’s composite quote is $0.06. Magic Eden’s product statement set out a plan for cross-chain trading, including Solana tokens, Bitcoin Runes, and swaps across chains. Its June 2026 Help Center also explains ME staking through Rewards; neither a product plan nor a lock-up choice sets the token’s market quote.
What is the ME token?
ME is the token associated with Magic Eden’s multichain digital-asset platform. The company’s “The Future of Crypto Will Be MAGIC” statement described ME as an incentive layer for products spanning NFT trading, Solana token trading, Bitcoin Runes, and cross-chain swaps. The statement describes the product direction at publication, so each network or trading feature still needs to be checked in the current platform interface.
What is ME’s all-time high?
ME’s highest market price on record is $17, from Dec 10, 2024. Magic Eden’s June 2026 Help Center describes staking with optional lock-up periods, while its earlier product statement outlines a multichain trading direction. Those product choices are distinct from the recorded maximum price of ME on supported markets.
How has ME performed over time?
In FMchart's composite price history (since December 2024), ME’s best month was September 2026 (+24.9%). The lowest month was December 2024 (-45.8%), and 0 of 1 full calendar year years ended with positive annual returns. Magic Eden’s Rewards system uses lock-up periods for staking power; the price record does not count the number of users staking ME.
How does ME staking work on Magic Eden?
Magic Eden’s June 30, 2026 Help Center guide says users stake ME from the platform’s Rewards section. The user chooses an amount and lock-up duration, and longer lock-ups increase the displayed staking-power multiplier. The guide also says the stake remains locked until the selected end date, so the interface’s chosen duration matters more than a general statement that ME staking is available.
Did Magic Eden announce ME buybacks?
Yes. On November 12, 2025, Magic Eden announced an initial program committing 15% of NFT-marketplace revenue to ME repurchases and another 15% to purchases of NFTs from listed collections. The announcement said the collected NFTs would be held in The Garden of Eden, a public on-chain repository. That announcement is dated and should not be interpreted as a guaranteed effect on ME’s price.
Which products has Magic Eden discussed for ME?
Magic Eden’s 2024 product statement outlined a goal of one app for cross-chain trading. It discussed NFT trading, Solana token trading, Bitcoin Runes, and cross-chain swaps. The company framed ME as an incentive layer for users across those products. That source records the strategy at publication, not proof that every proposed chain or feature is currently supported in every region.
Does ME represent an NFT on Magic Eden?
No. ME is a fungible token, whereas an NFT is an individual digital asset or collectible listed on a marketplace. Magic Eden’s public materials discuss ME separately from collections traded through the platform. Buying an NFT does not mean a user receives ME automatically, and a ME balance alone does not establish ownership of a particular listed collectible.
What risks apply to ME staking?
Magic Eden’s June 2026 staking guide says ME remains locked for the selected term. Platform terms and interface options can change, and smart-contract or custody conditions may differ by staking method. The market price is separate from the displayed staking-power multiplier and is not guaranteed by the Rewards interface.