Crypto · rank #540

Magic Eden ME

$0.0655-1.2% 1d+7.4% 7d+8.1% 30d

Red List bullish lean

  • Monthly: forming bar is a green inside bar. Last confirmed swing low 0.71 (Apr 2025). Current low 0.0555 is unconfirmed — it confirms above 0.0868.
  • Weekly: forming bar is a red 2-Up. Last confirmed swing low 0.057 (Aug 2026), week 3 of a cycle that has typically run 7. Cycle-low confidence 34%.
  • Daily: bar is a red 2-Up. Last confirmed swing low 0.0589 (2026-08-30), day 8 of a cycle that has typically run 5. Cycle-low confidence 46%.
  • Red List: 93% below the 2025-09-22 high; +18% off the 365-day low.
  • Gauges: Mayer multiple 0.77 (cheap); -99% from the all-time high.
Last 18 months, log scale
0.05640.56465.652024-122025-102026-09high 0.965low 0.0555

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
2Dr 2Dr 1g 1g 1g
Confirmed low
$0.7100 · 2025-04-30
Position
17 of median ? (max ?)
Current low
$0.0555 · unconfirmed
Confirms above
$0.0868
Cycle-low odds
Confirmed lows
1

Weekly 2U

Last bars
2Ug 3g 2Ur 1g 2Ur
Confirmed low
$0.0570 · 2026-08-23
Position
3 of median 7 (max 18)
Current low
$0.0570 · confirmed
Cycle-low odds
34% · in band
Confirmed lows
12

Daily 2U

Last bars
2Ug 1r 2Ug 2Ug 2Ur
Confirmed low
$0.0589 · 2026-08-30 (daily)
Position
8 of median 5 (max 17)
Current low
$0.0589 · confirmed
Cycle-low odds
46%
Confirmed lows
114

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health41 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
5.5 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.62 x10.3 / 15
Size (market-cap rank)
survivorship
540 #0 / 15
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
278.11 x0.0 / 15
Age on Coinbase
survived a cycle
1.7 yrs3.5 / 10
usagecould not look — no source data
momentumcould not look — no source data

5 of 7 measurable; score renormalized over what was measurable.

Market cap
$40.3M
Fully diluted
$65.5M
24h volume
$2.2M
Circulating
615,573,007 of 1,000,000,000 max
All-time high
$17.00 · 2024-12-10 (-99.6%)
TVL
$145.0K (protocol)
Fees 30d
Revenue 30d
Fees 1y
Mayer multiple
0.765 · cheap
Pi cycle
0.174
On Coinbase since
2024-12-10 (637 bars)
CoinGecko id
magic-eden