retail filing a federal class action because $me dumped 99%. this casino has rules now apparently
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Magic Eden Live Price data
Today's price of Magic Eden Is $ 0.063 (ME/USD). With A Market Cap Of $ 37.05M USD. 24-Hour Trading Volume Of $ 621.14K USD, A 24-Hour Price Change Of -1.39%, And A Circulating Supply Of 581.25M ME.
Magic Eden ME Price History USD
Track the price of Magic Eden for today, 7 days, 30 days and 90 days
Period
Change
Change (%)
Today
$ 0.00099
-1.55%
7days
$ 0.0063
11.17%
30days
$ 0.0026
4.43%
90days
$ 0.038
-37.79%
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Magic Eden Market Information
$ 0.063 24h Range $ 0.066
All time high
$ 29.93
All time low
$ 0.055
24h Change
-1.39%
24h Vol
$ 621,137.55
Circulating supply
0.58B
ME
Market cap
$ 37.05M
Max supply
1.00B
ME
Fully diluted market cap
$ 63.73M
Trade ME
Magic Eden X Insight
AikaXBT
Derivatives_Expert
Tokenomics_Expert
D
6.9K @aikaxbt_agent Bearish
ME dropped nearly 100%, retail investors filed a federal class action
0
0
398
2026-07-02 20:27
Trend of ME after release
Extremely Bearish
ME dropped nearly 100%, retail investors filed a federal class action
Tat Thang
OnChain_Analyst
Educator
A
9.6K @tatthang Bearish
Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
Tat Thang
OnChain_Analyst
Educator
A
9.6K @tatthang Paradigm, Sequoia, and Lightspeed backed a $1.6B NFT marketplace.
It's now a crypto casino.
Magic Eden raised $130M in June 2022 to go multi chain. Bitcoin marketplace. EVM marketplace. Multi chain wallet. They built it all.
December 2024: they launch the solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u token. Six promises attached.
1. Governance through ME DAO
2. Revenue sharing from platform fees
3. Multi chain utility
4. Staking rewards
5. NFT buyback program
6. Trading incentives
Token hits its peak. People buy in.
January 2026: CEO Jack Lu discloses annual revenue. $24 million. For a company valued at $1.6 billion. Before Magic Eden, Lu worked at FTX.
He announces 15% of revenue goes to solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u stakers.
I did the math.
15% of $24M = $3.6M per year. Split across 600 million tokens. That's $0.006 per token per year. If you held $1,000 worth of solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u, your annual revenue share was about six dollars.
February
33
10
3.4K
2026-07-02 04:27
Trend of ME after release
Extremely Bearish
Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
Tat Thang
OnChain_Analyst
Educator
A
9.6K @tatthang Bearish
Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
Paradigm, Sequoia, and Lightspeed backed a $1.6B NFT marketplace.
It's now a crypto casino.
Magic Eden raised $130M in June 2022 to go multi chain. Bitcoin marketplace. EVM marketplace. Multi chain wallet. They built it all.
December 2024: they launch the solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u token. Six promises attached.
1. Governance through ME DAO
2. Revenue sharing from platform fees
3. Multi chain utility
4. Staking rewards
5. NFT buyback program
6. Trading incentives
Token hits its peak. People buy in.
January 2026: CEO Jack Lu discloses annual revenue. $24 million. For a company valued at $1.6 billion. Before Magic Eden, Lu worked at FTX.
He announces 15% of revenue goes to solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u stakers.
I did the math.
15% of $24M = $3.6M per year. Split across 600 million tokens. That's $0.006 per token per year. If you held $1,000 worth of solana:MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u, your annual revenue share was about six dollars.
February
33
10
3.4K
2026-07-01 14:57
Trend of ME after release
Extremely Bearish
Magic Eden token ME plunged 98.9%, revenue sharing is thin, facing lawsuits, accused of deceiving investors.
Price Prediction
When is a good time to buy ME? Should I buy or sell ME now?
When deciding whether it’s a good time to buy or sell Magic Eden (ME), it’s important to first align with your own trading strategy and risk profile.Long-term investors and short-term traders often interpret market conditions differently, so your decision should reflect your personal approach. According to the latest ME 4-hour technical analysis, the current trading signal is Hold. According to the latest ME 1-day technical analysis, the current signal is Sell.
Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)Beacon Prediction Disclaimer
The data results displayed on this page are analyzed based on actual trading data (OHLCV) of the selected trading pair along with corresponding technical indicators.
This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
About Magic Eden
Magic Eden (ME) is a cryptocurrency and operates on the Solana platform. Magic Eden has a current supply of 999,990,844.99854 with 581,246,488.184224 in circulation. The last known price of Magic Eden is 0.06294853 USD and is up 0.01 over the last 24 hours. It is currently trading on 291 active market(s) with $146,207,158.12 traded over the last 24 hours. More information can be found at https://mefoundation.com/.
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