ACTIVE

ME→

USDT

ME WOULD BE$303.92

MULTIPLIER▲ 4.7Kx

TARGET MCAP$184.24B

G.MARKETS/PAIR ANALYSIS·

ME→

USDT· LIVE· as of 02:54 UTC

THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

Q: If Magic Eden had Tether's market cap, what would the price be?

If Magic Eden (ME) had Tether's (USDT) current market cap of $184.24B, each ME would be worth approximately $303.96 based on the circulating supply of 606,119,951 ME. That is 4.7Kx the current ME price of $0.0642.

Q: What is the current market cap of Magic Eden?

Magic Eden (ME) currently has a market cap of $38.89M, ranking #538 by market capitalization. Each ME trades at $0.0642.

Q: What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.24B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

Q: How does ME compare to USDT?

Magic Eden's market cap of $38.89M sits orders of magnitude beyond Tether's $184.24B. For ME to reach USDT's current valuation, the price would need to move 4.7Kx from its current level.

Q: 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.

ME WOULD BE

$0.00000000

currently $0.0642 · target mcap $184.24B

MULTIPLIER

▲0.00x

ME needs a 4.7Kx move to match USDT's valuation

REALITY CHECKAt ME's current 24h rate of +0.68%, compounding daily would take ~3.4 years to reach USDT's market cap.

COIN PROFILES·ME vs USDT

MEUnverified

Magic Eden

SOURCE

Magic Eden is the largest NFT marketplace and Runes platform.

PRICE$0.0642

24H CHANGE▲ 0.68%

MARKET CAP$38.89MFDV $64.16M · 39% supply locked

RANK#538

SUPPLY606.1M ME

DOMINANCE<0.01%

USDT

Tether

TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9993

24H CHANGE▲ 0.02%

MARKET CAP$184.24BFDV $189.70B · 3% supply locked

RANK#3

SUPPLY184.4B USDT

DOMINANCE6.14%

7d▲ 0.07%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

ME$38.89M

USDT$184.24B

THE CLIMB

ME→

USDTMULTIPLIER▲ 4.7KxGAP$184.20B

$100.00M$1.00B$10.00B$100.00B

SOURCEME$38.89M

TARGETUSDT$184.24B

SHFL$111.03M

TIBBIR$125.91M

ZANO$143.74M

AUSD$168.81M

PC0000031$202.50M

UB$243.40M

FDUSD$347.35M

TUSD$493.79M

ADI$736.00M

ETC$1.10B

PAXG$1.87B

GRAM$4.70B

log scale · mcap in USDJul 7, 2026

MEMagic Eden

$38.89MSOURCE

SHFL

$111.03M

TIBBIR

$125.91M

ZANO

$143.74M

AUSD

$168.81M

PC0000031

$202.50M

$243.40M

FDUSD

$347.35M

TUSD

$493.79M

ADI

$736.00M

ETC

$1.10B

PAXG

$1.87B

GRAM

$4.70B

USDTTether

$184.24BTARGET

mcap in USDJul 7, 2026

BAG SCENARIOS·IF ME HIT USDT MCAP·TARGET $303.96

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 ME$6.42$30,396.33+$30,389.91

Coffee money1K ME$64.16$303,963.27+$303,899.12

Small bag10K ME$641.55$3,039,632.74+$3,038,991.19

Real bag100K ME$6,415.50$30,396,327.44+$30,389,911.94

Whale bag1M ME$64,155.00$303,963,274.41+$303,899,119.41

Generational10M ME$641,550.00$3,039,632,744.14+$3,038,991,194.14

FOR CONTEXT

$184.24B compared to the world

UnitedHealthUNH

$450.00B

USDT mcap is 40.9% of UnitedHealth

NetflixNFLX

$380.00B

USDT mcap is 48.5% of Netflix

UberUBER

$160.00B

USDT mcap is 1.15× Uber

NikeNKE

$130.00B

USDT mcap is 1.42× Nike

StarbucksSBUX

$100.00B

USDT mcap is 1.84× Starbucks

SpotifySPOT

$90.00B

USDT mcap is 2.05× Spotify

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Magic Eden (ME) and Tether (USDT). With Magic Eden currently at $0.0642 per coin and a market cap of $38.89M, and Tether at $0.9993 with a market cap of $184.24B, applying Tether's market cap to Magic Eden's circulating supply produces a hypothetical ME price of $303.96 — a 4.7Kx move from current.

Magic Eden: Magic Eden is the largest NFT marketplace and Runes platform.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

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 Tether's market cap, what would the price be?

If Magic Eden (ME) had Tether's (USDT) current market cap of $184.24B, each ME would be worth approximately $303.96 based on the circulating supply of 606,119,951 ME. That is 4.7Kx the current ME price of $0.0642.

What is the current market cap of Magic Eden?

Magic Eden (ME) currently has a market cap of $38.89M, ranking #538 by market capitalization. Each ME trades at $0.0642.

What is the current market cap of Tether?