Magic Eden (ME)

Rank #436

Market snapshot

Price
$0.060793
Market cap
$35.7M
24h volume
$130.8M
Circulating supply
586,805,694.6587
Total supply
999,990,719.5252
Max supply
1,000,000,000

What is Magic Eden?

Magic Eden (ME) is a cryptocurrency that functions within the Solana network. It is designed to facilitate various digital asset transactions, particularly in the realm of non-fungible tokens (NFTs) and collectibles. As a part of the Solana ecosystem, it leverages the platform's capabilities to enhance user experience and transaction efficiency.

Key information

Symbol
ME
CMC rank
#436
Network / platforms

Solana

Categories
N/A
Date added
Jul 15, 2024

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Solana

    MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Magic Eden?
Magic Eden (ME) is a cryptocurrency that operates on the Solana platform, facilitating transactions primarily in the digital collectibles and NFT space.
What are the risks associated with transferring Magic Eden?
Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile. Self-custody requires secure handling of private keys and recovery phrases.
How can I verify my acquisition of Magic Eden?
Verify the asset name, network, and any supplied contract details before transferring. Ensure the destination address and network are correct.
Where can I find official resources for Magic Eden?
Official resources for Magic Eden include their website at https://mefoundation.com/, their GitHub at https://github.com/me-foundation, and their token explorer at https://solscan.io/token/MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u.

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