Magic Eden to Unlock 7M ME Tokens Worth $531K in October
Magic Eden is scheduled to release 7.0 million ME tokens to its treasury, increasing circulating supply by 1.12%.
Magic Eden (ME) is preparing for a scheduled cliff unlock of 7.0 million tokens on October 10, 2026, at 14:39 UTC. Based on a price of $0.07637428042836557, the incoming tokens are valued at approximately $531,000.
Token unlocks increase the circulating supply of an asset, introducing new coins into the market. Whether recipients choose to hold or liquidate these assets depends on their individual strategies.
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Key facts
- Token: Magic Eden (ME)
- Scheduled unlock date: 2026-10-10 14:39 UTC
- Amount: 7.0 million ME
- USD value: $531,000
- Share of circulating supply: 1.12%
- Recipient: Treasury
- Market cap: $47.0 million
Following this event, subsequent unlocks are scheduled on October 10, 2026, for 3.8 million ME valued at $288,000, on November 10, 2026, for 7.0 million ME valued at $531,000, and another on November 10, 2026, for 3.8 million ME valued at $288,000.
Source: bullishmarketcap.com
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