If had 's mcap →
ME needs a 1.8Kx move to match XRP's valuation
Magic Eden is the largest NFT marketplace and Runes platform.
XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.
FOR CONTEXT
$70.19B compared to the worldAbout this comparison
This page compares the market capitalizations of Magic Eden (ME) and XRP (XRP). With Magic Eden currently at $0.0636 per coin and a market cap of $38.58M, and XRP at $1.13 with a market cap of $70.19B, applying XRP's market cap to Magic Eden's circulating supply produces a hypothetical ME price of $115.80 — a 1.8Kx move from current.
Magic Eden: Magic Eden is the largest NFT marketplace and Runes platform.
XRP: XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.
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 XRP's market cap, what would the price be?
If Magic Eden (ME) had XRP's (XRP) current market cap of $70.19B, each ME would be worth approximately $115.80 based on the circulating supply of 606,119,951 ME. That is 1.8Kx the current ME price of $0.0636.
What is the current market cap of Magic Eden?
Magic Eden (ME) currently has a market cap of $38.58M, ranking #540 by market capitalization. Each ME trades at $0.0636.
What is the current market cap of XRP?
XRP (XRP) currently has a market cap of $70.19B, ranking #6 by market capitalization. Each XRP trades at $1.13.
How does ME compare to XRP?
Magic Eden's market cap of $38.58M sits orders of magnitude beyond XRP's $70.19B. For ME to reach XRP's current valuation, the price would need to move 1.8Kx 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.