Magic Eden vs Steem — how do they compare? Magic Eden trades at Rp1,166 (market cap Rp678,53M, Rp1,63T 24h volume), while Steem trades at Rp639.57 (market cap Rp400,47M, Rp44,71M 24h volume). The key difference: Magic Eden is the larger of the two by market cap, and Magic Eden's supply is capped (586,8M / 1B ME (59%)) while Steem's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 33 Days and Steem for 44 Days on average.
| ME | STEEM | |
|---|---|---|
Market Cap | Rp678,53M | Rp400,47M |
Volume (24h) | Rp1,63T | Rp44,71M |
Circulating Supply | 586,8M / 1B ME (59%) | 552,3M STEEM |
Typical Hold Time | 33 Days | 44 Days |
What Pluang investors did over the last 30 days
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$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 →Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency.
Read more on STEEM →