Magic Eden vs Terra USD — how do they compare? Magic Eden trades at Rp1,147 (market cap Rp673,32M, Rp1,62T 24h volume), while Terra USD trades at Rp86.44 (market cap Rp480,57M, Rp22,39M 24h volume). The key difference: Magic Eden is the larger of the two by market cap, and Magic Eden's circulating supply is 586,8M / 1B ME (59%) versus 5,6B / 6,1B USTC (92%) for Terra USD. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 33 Days and Terra USD for 57 Days on average.
| ME | USTC | |
|---|---|---|
Market Cap | Rp673,32M | Rp480,57M |
Volume (24h) | Rp1,62T | Rp22,39M |
Circulating Supply | 586,8M / 1B ME (59%) | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 33 Days | 57 Days |
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 →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →