Magic Eden vs Walrus — how do they compare? Magic Eden trades at Rp1,203 (market cap Rp698,39M, Rp2,99T 24h volume), while Walrus trades at Rp561.49 (market cap Rp1,38T, Rp63,46M 24h volume). The key difference: Walrus is far larger — about 1976× Magic Eden's market cap, and Magic Eden's circulating supply is 582,2M / 1B ME (59%) versus 2,5B / 5B WAL (50%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 31 Days and Walrus for 22 Days on average.
| ME | WAL | |
|---|---|---|
Market Cap | Rp698,39M | Rp1,38T |
Volume (24h) | Rp2,99T | Rp63,46M |
Circulating Supply | 582,2M / 1B ME (59%) | 2,5B / 5B WAL (50%) |
Typical Hold Time | 31 Days | 22 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.
Walrus (WAL) is currently trading at Rp560.53 with a market cap of Rp1.38 trillion, showing a bearish technical signal as indicated by moving averages. The token has a circulating supply of 2.5 million out of a maximum 5 million, with a 50% circulation rate and average hold time of 22 days. Recent trading activity reflects neutral oscillator signals and key support at Rp529.
Overall outlook remains cautious due to bearish technical indicators and limited fundamental updates. Key opportunities include potential growth from increased adoption, while major risks involve high volatility and regulatory uncertainty. Investors should monitor support levels and market sentiment closely.
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 →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →