Magic Eden vs USDC — how do they compare? Magic Eden trades at Rp1,151 (market cap Rp675,18M, Rp1,62T 24h volume), while USDC trades at Rp17,874 (market cap Rp1.286,34T, Rp122,98T 24h volume). The key difference: USDC is far larger — about 1905180.8× Magic Eden's market cap, and Magic Eden's supply is capped (586,8M / 1B ME (59%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 33 Days and USDC for 63 Days on average.
| ME | USDC | |
|---|---|---|
Market Cap | Rp675,18M | Rp1.286,34T |
Volume (24h) | Rp1,62T | Rp122,98T |
Circulating Supply | 586,8M / 1B ME (59%) | 72B USDC |
Typical Hold Time | 33 Days | 63 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
$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 →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →