If had 's mcap →
ME needs a 5.5Kx move to match ETH's valuation
Magic Eden is the largest NFT marketplace and Runes platform.
Ethereum is a global, open-source platform for decentralized applications.
FOR CONTEXT
$214.83B compared to the worldAbout this comparison
This page compares the market capitalizations of Magic Eden (ME) and Ethereum (ETH). With Magic Eden currently at $0.0644 per coin and a market cap of $39.02M, and Ethereum at $1,779.70 with a market cap of $214.83B, applying Ethereum's market cap to Magic Eden's circulating supply produces a hypothetical ME price of $354.44 — a 5.5Kx move from current.
Magic Eden: Magic Eden is the largest NFT marketplace and Runes platform.
Ethereum: Ethereum is a global, open-source platform for decentralized applications.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Magic Eden had Ethereum's market cap, what would the price be?
If Magic Eden (ME) had Ethereum's (ETH) current market cap of $214.83B, each ME would be worth approximately $354.44 based on the circulating supply of 606,119,951 ME. That is 5.5Kx the current ME price of $0.0644.
What is the current market cap of Magic Eden?
Magic Eden (ME) currently has a market cap of $39.02M, ranking #537 by market capitalization. Each ME trades at $0.0644.
What is the current market cap of Ethereum?
Ethereum (ETH) currently has a market cap of $214.83B, ranking #2 by market capitalization. Each ETH trades at $1,779.70.
How does ME compare to ETH?
Magic Eden's market cap of $39.02M sits orders of magnitude beyond Ethereum's $214.83B. For ME to reach ETH's current valuation, the price would need to move 5.5Kx from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Magic Eden's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.