Magic Eden Price History (ME)
Current price: $0.059881 · 5-year history · Updated: 7/31/2026
Not financial advice. Read disclaimer
Price Chart (5 Years)
Year-by-Year Performance
| Year | Open | Close | High | Low | Year ROI |
|---|---|---|---|---|---|
| 2026 | $0.114425 | $0.06074 | $0.124715 | $0.056339 | -46.92% |
Year-by-Year Analysis
Magic Eden in 2026
2026 was a year of deep bear market for Magic Eden. Price opened at $0.114425 and closed at $0.06074 — an annual return of -46.92%. Within the year, prices ranged between $0.056339 and $0.124715 — a 121% range.
Magic Eden in Market Context
Market Position
Magic Eden (ME) currently sits in the long-tail without a stable top-100 rank — higher upside but materially elevated risk, with a current market cap of $36.37 M. Magic Eden falls into a specialized category with valuation drivers that differ from mainstream L1s and DeFi tokens.
Recent Price Action
At $0.0599 (only 0% of the ATH of $17.00), Magic Eden is in a deep correction — drawdowns of this magnitude have historically offered attractive re-entry zones depending on fundamentals. Over the last 7 days, Magic Eden has dropped −8.1%; over 30 days it has moved sideways at +1.5%.
Valuation Signals
A Value Score of 61.7/100 places Magic Eden in the "Undervalued" zone, indicating a discount versus realized market cap and network activity. MVRV at 95/100 suggests a favorable valuation relative to realized cap. Low dev activity (score 30/100) is a cluster risk — project stagnation elevates long-term delisting risk. The NVT ratio (75/100) shows healthy network activity relative to market cap.
Risk Profile
Specialized tokens carry use-case concentration risk: if the core thesis fails, pivoting is rarely viable. Outside the top 100, exchange liquidity is thin and slippage on larger trades is non-trivial.
Cycle Insights
- Biggest rally: From ATL ($0.056339) to ATH ($0.124715), Magic Eden gained 121% — typical for bull market tops.
- Current state: Magic Eden currently trades at 48.0% of its ATH and 6% above its ATL.
- Volatility: Price range between ATH and ATL is 2.2x — crypto-typical high volatility that makes DCA strategies (vs lump-sum) attractive.
Frequently Asked Questions
What is the Magic Eden all-time high?
Magic Eden's all-time high in our historical data is $0.124715 on 3/17/2026. Currently Magic Eden trades at $0.059881 — below the ATH (48.0% of peak). Data covers the past 5 years.
What is the Magic Eden all-time low?
Magic Eden's lowest price in the past 5 years was $0.056339 on 6/30/2026. From ATL to today, the price moved 6%.
How has Magic Eden performed in recent years?
Annual returns: 2026: -46.92%. Across all 1 years in our data: -47.67% total return from first data point.
Where does the historical price data come from?
All price data is sourced from CoinGecko — one of the largest and most reputable crypto data providers. We store daily closing prices for the past 5 years. Data refreshes daily (24h ISR cache).