Magic Eden vs Scallop — how do they compare? Magic Eden trades at Rp1,194 (market cap Rp697,54M, Rp3,11T 24h volume), while Scallop trades at Rp167.58 (market cap Rp25,18M, Rp11,57M 24h volume). The key difference: Magic Eden is far larger — about 27.7× Scallop's market cap, and Magic Eden's circulating supply is 582,2M / 1B ME (59%) versus 163,5M / 250M SCA (66%) for Scallop. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 31 Days and Scallop for 13 Days on average.
| ME | SCA | |
|---|---|---|
Market Cap | Rp697,54M | Rp25,18M |
Volume (24h) | Rp3,11T | Rp11,57M |
Circulating Supply | 582,2M / 1B ME (59%) | 163,5M / 250M SCA (66%) |
Typical Hold Time | 31 Days | 13 Days |
Signals from Pluang's Aura AI — not financial advice
Magic Eden trades at Rp1,195.1 with neutral technical signals and bearish moving averages. The token shows mixed momentum with RSI at neutral levels while ADX indicates conflicting trend strength. Current price sits near resistance at Rp1,198 with support at Rp1,138. No major protocol updates or ecosystem developments were identified in recent analysis.
Overall outlook remains neutral with limited near-term catalysts. Key opportunity lies in potential breakout above Rp1,198 resistance, while major risks include low liquidity (Rp694.12M market cap) and typical crypto volatility. Investors should monitor for upcoming protocol developments and exchange listing announcements.
Scallop (SCA) is trading at Rp168.32 with a market cap of Rp25.17 million, showing bullish technical signals despite bearish moving averages. The token has 66% of its max supply in circulation with an average hold time of 13 days. Recent ETF inclusion by GraniteShares in May 2026 provides institutional exposure, though the news articles reference equity ETFs rather than direct cryptocurrency developments.
Overall outlook is cautiously optimistic with technical strength but limited fundamental catalysts. Key opportunities include institutional ETF exposure and neutral oscillator positioning. Major risks include high RSI_6 at 89.40 (overbought), low market cap vulnerability, and the token's relatively new market presence requiring careful risk management.
What Pluang investors did over the last 30 days
$ME is the official token of Magic Eden, powering cross-chain trading, minting, and wallet protocols. As a key player in the onchain economy, it connects a large community of users who earn rewards by trading NFTs and tokens across major ecosystems. $ME represents the power of decentralized applications and with its user-friendly mobile app, it serves as an accessible entry point for new retail users to explore crypto.
Read more on ME →Scallop is an advanced decentralized finance (DeFi) protocol built on the Sui blockchain. It offers a wide range of financial services, including lending, borrowing, automated market making (AMM), and asset management. Developed by Scallop Labs, which has a team of experts in DeFi, cybersecurity, and fintech, Scallop has attracted support from notable investors such as CMS Holdings, 6th Man Ventures, KuCoin Labs, and Mysten Labs. Additionally, it is the first DeFi project to receive an official grant from the Sui Foundation, highlighting its institutional-grade quality and strong security features.
Read more on SCA →