Magic Eden vs Walrus — how do they compare? Magic Eden trades at Rp1,174 (market cap Rp687,14M, Rp1,76T 24h volume), while Walrus trades at Rp372.23 (market cap Rp934,12M, Rp46,16M 24h volume). The key difference: Walrus is the larger of the two by market cap, and Magic Eden's circulating supply is 586,8M / 1B ME (59%) versus 2,5B / 5B WAL (51%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Magic Eden for 33 Days and Walrus for 24 Days on average.
| ME | WAL | |
|---|---|---|
Market Cap | Rp687,14M | Rp934,12M |
Volume (24h) | Rp1,76T | Rp46,16M |
Circulating Supply | 586,8M / 1B ME (59%) | 2,5B / 5B WAL (51%) |
Typical Hold Time | 33 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
Magic Eden (ME) trades at Rp1,165.6 with a market cap of Rp678.53 million, showing a bullish technical signal supported by moving averages. The current price is near the pivot point of Rp1,145, with key resistance at Rp1,177. RSI levels indicate neutral momentum, while ADX suggests a strong trend. No major protocol updates or ecosystem news were identified in the latest data.
Overall outlook is cautiously optimistic due to bullish technical indicators, but limited fundamental developments and low market cap pose liquidity risks. Key opportunities include potential breakout above resistance, while major risks involve high volatility and regulatory uncertainty in the crypto space.
Walrus (WAL) is currently trading at Rp372.12 with a market cap of Rp932.79M, showing bearish technical signals overall despite some bullish oscillator readings. The token has 51% of its maximum 5M supply in circulation with an average hold time of 24 days. Recent technical analysis indicates strong selling pressure with moving averages firmly bearish, though RSI levels suggest potential oversold conditions. The token trades near its pivot point of Rp375 with immediate support at Rp366 and resistance at Rp383.
Overall outlook remains cautious with bearish momentum dominant. Key opportunities include potential oversold bounce from current levels, while major risks include continued selling pressure and limited liquidity. Investors should monitor whether the token can hold above key support levels as the mixed technical signals create uncertainty in the short-term direction.
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 →