Automated risk analysis by MemeAssist.

Magic Eden (ME) Risk Analysis & Trade Setup

Saved analysis: . The findings below describe evidence recorded at that time, not live market conditions.

Historical analysis snapshot. This report is more than six hours old. This snapshot is not a current buy or sell signal. Trade decisions, prices, levels and sellability may have changed. Re-analyse before making a current trading decision.

At a glance: Magic Eden (ME) is a 632-day-old established Solana token with both mint and freeze authorities revoked, trading at ~$0.063 with a $62.7M market cap. Top-10 concentration is very high at 73%, and a six-wallet cluster linked by direct token transfers controls a combined ~43.5% of supply — a structural concern even for an established asset, though without confirmed insider labelling these could include exchange custody or treasury accounts. Four of the ten largest whale wallets are actively distributing, with ~19.9M tokens net-sold across the whale cohort over the past 7 days, including a large wallet (32WMX…kw) that appeared only 4 days ago and has already distributed 12M tokens. DEX liquidity of ~$470K against a $62.7M market cap is thin for the size (0.75% ratio), and sell transactions significantly outnumber buys across all observed windows, though all recent sell volume originates from small, non-insider wallets and the dev wallet shows no selling activity.

Exact Solana mint: MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u. Verify this Solana mint on Solscan.

ME Risk Analysis and Trade Setup Summary

Overall Health Score: Magic Eden has an Overall Health Score of 38 out of 100.

Rug Risk Rating: Magic Eden has a moderate Rug Risk Rating. This reflects collected on-chain evidence and is not a safety guarantee.

ME Rug-Pull Risk Analysis

  • Six wallets linked by direct token transfers hold a combined 43.5% of supply. This level of concentrated, potentially coordinated ownership represents significant potential exit pressure, even if some wallets may be exchange or custody accounts. Same-slot timing alone does not establish coordination or common ownership; shared signed transactions establish co-execution only.
  • The whale cohort has net-sold approximately 19.9M tokens over 7 days and 23.5M over 30 days, with zero whales currently accumulating. One large wallet (21.9% of supply) appeared only 4 days ago and has already reduced its position by 12M tokens.
  • The single largest holder (21.9% of supply, ~$3.9M at current price) was first seen fewer than 4 days ago and is flagged as distributing after shedding 12M tokens in 7 days — its origin and intent are unknown and the position represents a material overhang.

ME Risk and Health Signals

  • Both mint and freeze authorities are revoked with no active dangerous extensions, eliminating the risk of supply dilution or wallet freezes — the strongest structural safety signal for an established token.
  • Current creator holdings were not established in this saved evidence. 0 tokens were recorded as DEX sales over the preceding 7 days. A last-sale timestamp was not provided; this does not establish ongoing selling or team-wide exposure.
  • Wallets holding 18.8% and 8.5% of supply have been present since February 2025 (~578 days) with zero net change over 30 days, suggesting at least some large holders are genuinely long-term oriented.

ME Holder Distribution

Holder concentration: The top 10 non-pool holders control 73.3% of supply.

Is ME Safe?

  • Creator risk check: no blacklist match found.
  • Wash-trading check: no suspicious activity detected.
  • Copycat check: no match detected.
  • Sellability check: a sell route was observed.
  • Smart-money check: no tracked participation was observed.

ME Trade Setup, Entry Levels and Targets

Support and resistance context: 3 support areas and 4 resistance areas were identified from 1h market candles; nearest support: 0.062035561280878; nearest resistance: 0.06432412246584854; Levels derived from 1000 1h candles (~41.8 days) of pool price history via swing-point clustering. Heuristic zones, not trading advice..

ME Analysis Rationale

Reason: A six-wallet cluster controls 43.5% of supply and four of the top ten whales are actively distributing — including a brand-new 21.9% holder already offloading tokens — making sustained upside structurally difficult despite clean token authorities and technical support nearby.

Report limitations

  • This automated snapshot can be wrong, incomplete, or become outdated as on-chain and market conditions change.
  • It is informational analysis, not financial advice or a guarantee that the token is safe.

ME Risk Analysis Questions

Which Solana token does this ME report analyse?

Magic Eden (ME) is identified by Solana mint MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u. Names and symbols can be reused by unrelated tokens; verify the mint address before trading. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

What is the AI health score for Magic Eden (ME)?

The AI health score for ME is 38/100. This automated score is computed by analyzing on-chain behavior, holder distribution, and liquidity. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

What is the automated rug risk level for Magic Eden (ME)?

Based on automated on-chain risk checks, ME has a rug risk level of 'moderate'. Always exercise extreme caution and do not treat this as financial advice. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

What is the AI trading verdict for Magic Eden (ME)?

The automated AI verdict for ME is 'weak'. This indicates the overall on-chain sentiment based on liquidity, whale activity, and smart contract safety. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

How much liquidity does Magic Eden (ME) have?

The liquidity recorded in the saved analysis for ME was $469,908. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

Are the mint and freeze authorities active for Magic Eden (ME)?

For ME, the mint authority is revoked and the freeze authority is revoked. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

What is the top-10 holder concentration for Magic Eden (ME)?

The top 10 holders control 73.3% of the total supply of ME. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

Is Magic Eden (ME) currently sellable?

Yes, automated checks indicate a sell route exists for ME at this time. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

When was the AI analysis for Magic Eden (ME) last updated?

The on-chain analysis for ME was last updated on 03/09/2026, 12:47:25 GMT. These are saved analysis observations dated 2026-09-03T12:47:25.529Z, not live market conditions. Re-analyse before making a current trading decision.

Analyzed: