Magic Eden vs Skate — how do they compare? Magic Eden trades at Rp1,231 (market cap Rp711,02M, Rp3,24T 24h volume), while Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume). The key difference: Magic Eden is far larger — about 100.3× Skate's market cap, and Magic Eden's circulating supply is 582,2M / 1B ME (59%) versus 166,9M / 1B SKATE (17%) for Skate. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 31 Days and Skate for 11 Days on average.
| ME | SKATE | |
|---|---|---|
Market Cap | Rp711,02M | Rp7,09M |
Volume (24h) | Rp3,24T | Rp3,68M |
Circulating Supply | 582,2M / 1B ME (59%) | 166,9M / 1B SKATE (17%) |
Typical Hold Time | 31 Days | 11 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.
Skate token exhibits a very low market cap of Rp7.09M with a circulating supply of 166.9 million tokens out of a 1 million max supply, indicating potential data inconsistencies. The asset shows minimal market activity with a circulation rate of only 17% and an average hold time of 11 days. No recent price or trading volume data is available, suggesting extremely low liquidity. There are no recent protocol updates or ecosystem developments reported for this token.
Overall outlook is highly speculative with significant liquidity risks. Key opportunities are limited to potential rediscovery if project fundamentals improve. Major risks include extreme volatility, possible data errors in supply metrics, and regulatory uncertainty in the crypto space. Investors should exercise extreme caution due to minimal market presence.
What Pluang investors did over the last 30 days
No sentiment data available yet.
$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 →Skate is a multi-VM infrastructure that enables decentralized applications to run seamlessly across multiple blockchains. It also provides native access to VM-specific applications, allowing EVM apps to operate directly within SVM or MOVE environments.
Read more on SKATE →