About Magic Eden (ME):
Trading near $0.096767, the market cap stands at $48.17M with roughly $5.54M in 24-hour volume. Liquidity is currently tradable turnover with good continuity (volume/market cap 11.50%) Healthy turnover can help keep spreads and slippage more contained..
Where it trades:
Most observed spot turnover is routed through CoinW, Binance and BitMart, where listings and liquidity are currently strongest. Spot liquidity often tracks the venues with the most consistent flow.
Market assessment:
Bull score 42/100 suggests moderate momentum with a range-driven character with a developing bias but incomplete confirmation..
Performance windows show -1.97% (24h), -8.51% (7d), and -19.51% (30d). Multiple windows are negative, consistent with a defensive tape. The 24h window shows a steadier tape than a high-volatility session. YearBull Rank #1,051 - YearBull Rank provides a relative snapshot of structure and conditions across the universe. Risk is assessed as Low, which implies a lower-stress regime with fewer sharp swings Conditions can change quickly if participation or liquidity shifts..
Magic Eden (ME) is positioned in the Early phase,
typically associated with early-cycle setup where directional bias is still forming Early positioning often develops while volatility remains contained..
Capped supply provides a defined upper bound for total issuance.
Conclusion: From a structure view, the setup currently reflects a transitional structure with no dominant directional bias. Update date: 2026-03-30.
Reading rule: lower numbers mean higher placement.
7d window (2026-03-23): #914 → #1051 (down by 137).
30d window (2026-02-28): #1018 → #1051 (down by 33).
YearBull Rank is a comparative index on YearBull that helps contextualize a coin’s position versus others over time. Lower rank numbers indicate stronger placement in the current snapshot.
Cycle view: If the line is range-bound, treat changes as relative, not absolute.
Market access: If rank moves sharply, it may reflect venue mix changes rather than fundamentals.
Risk context: If it improves then retraces fast, treat it as rotation pressure.
Turnover context: If the line flatlines, the coin may be moving with its liquidity peers.
Practical note: stability often signals more than spikes.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
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