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How to Buy MAGIC
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About MAGIC
MAGIC is the utility token of Treasure, a decentralized gaming ecosystem built on Arbitrum. MAGIC tokens are used in gameplay, to participate in governance, to buy and sell NFTs on the Treasure marketplace, and can also be staked.
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4/18/2025, 12:26:36 AM
Market Stats
Market Cap
CA$30,053,756.71
FDV
Not enough data
Circulating Supply
305,267,770.396 MAGIC
Max Supply
Not enough data
Total Supply
347,685,919.971 MAGIC
Performance
Popularity
#735
Dominance
0%
Volume (24H)
CA$5,287,757.06
-0.36%
Volume (7D)
CA$58,012,742.72
Volume (30D)
CA$174,742,494.43
All time high
CA$8.75
Overall Price Change (1Y)
-0.91%
Additional info about MAGIC
Recent trends
The price of MAGIC has increased by 0.56% in the last hour and increased by 1.06% in the past 24 hours. MAGIC’s price has also fallen by 4.04% in the past week. The current price is CA$0.0987 per MAGIC with a 24-hour trading volume of CA$5.29M. Currently, MAGIC is valued at 98.87% below its all time high of CA$8.75. This all-time high was the highest price paid for MAGIC since its launch. The current circulating supply of MAGIC is 305,267,770.396 MAGIC which means that MAGIC has as total market cap of CA$30,053,756.71.
Market details
MAGIC vs markets
↘ 92.59%
MAGIC vs BTC
↘ 93.18%
MAGIC vs ETH
↘ 82.45%
Tags
gaming
metaverse
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x539bdE0d7Dbd336b79148AA742883198BBF60342 | |
Ethereum | 0xB0c7a3Ba49C7a6EaBa6cD4a96C55a1391070Ac9A |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$0.0987 | ↗ 1.06% |
1 Day | CA$0.0978 | ↗ 1.06% |
1 Week | CA$0.10 | ↘ 4.04% |
1 Month | CA$0.21 | ↘ 52.00% |
1 Year | CA$1.08 | ↘ 90.94% |
FAQ
Magic (MAGIC) is a utility token that serves as the connective tissue for gaming communities within the Treasure Metaverse, a decentralized NFT ecosystem built on Arbitrum, a Layer 2 scaling solution for Ethereum. Launched in September 2021, MAGIC is a cross-game currency that links games, players, metaverses, and communities within the Web 3.0 framework. It is used for trading in-game NFTs on Treasure and also functions as a reserve currency for the Treasure metaverse. Players may receive MAGIC tokens by gaming, mining, and participating in games hosted on the Treasure platform. The token is intended to become increasingly scarce over time as more players join the ecosystem.
MAGIC operates as the official currency within the Treasure ecosystem, linking separate gaming communities. It is used in Bridgeworld, Treasure's flagship game, and in other games hosted on the Treasure platform. Players can stake MAGIC tokens in the Atlas Mine to help govern the Treasure platform. The Treasure ecosystem integrates DeFi, NFTs, and gaming as three separate elements: MAGIC, the cross-game digital currency; Treasures, which are in-game NFT items; and Legions, the platform's in-game NFT characters. MAGIC tokens allow players to transform Treasure NFTs into productive assets, and Legions help players receive Treasure NFTs and mine MAGIC tokens.
MAGIC tokens have a variety of potential use cases within the Treasure ecosystem. They can be received and used in various games, including Bridgeworld and other games hosted on the Treasure platform. They can also be staked in the Atlas Mine to participate in the governance of the Treasure platform. Additionally, MAGIC tokens can be used to transform Treasure NFTs into productive assets. More established gaming communities can use MAGIC to help develop new or emerging projects. The token's integration into the Treasure ecosystem allows for a wide range of potential use cases, all aimed at enhancing the gaming experience within the metaverse.
MAGIC was launched in September 2021 by the founders of Treasure, a platform that serves the MAGIC token. The founders, John Patten, Gaarp, and Karel Vuong, established Treasure with the aim of connecting gaming communities within a decentralized NFT ecosystem. The Treasure platform and MAGIC are operated by a decentralized autonomous organization (DAO), which consists of 36 community contributors, including experienced developers, product managers, economists, creative marketers, artists, and gamers. The MAGIC token is intended to become increasingly scarce over time as more players join the ecosystem. As of January 2023, the circulating supply of MAGIC is 211,674,541 out of a maximum supply of 347,714,007 coins.
We update our MAGIC to CAD currency in real-time. Get the live price of MAGIC on Coinbase.
The current market cap of MAGIC is CA$30.05M. A high market cap implies that the asset is highly valued by the market.
The all-time high of MAGIC is CA$8.75. This all-time high is highest price paid for MAGIC since it was launched.
Over the last 24 hours, the trading volume of MAGIC is CA$5.29M.
Assets that have a similar market cap to MAGIC include Radiant Capital, XPLA, Bubblemaps, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of MAGIC is 305 million.
MAGIC ranks 286 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 90% of Coinbase users are buying MAGIC. In other words, 90% of Coinbase customers have increased their net position in MAGIC over the past 24 hours through trading.
Yes, MAGIC is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy MAGIC guide.
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Restrictions apply. Promo code expires May 7th, 2025.
MAGIC news
Trending articles
Social stats
Popularity in posts
#542
Contributors
11,232
Posts
16,512
% About MAGIC
0.065%
Articles
16
Hold times
0 days
X (Twitter)
93.37% bullish
Sentiment
4.3 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
11,232 unique individuals are talking about MAGIC and it is ranked #542 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, MAGIC has an average sentiment score of 85 out of 5. Finally, MAGIC is becoming less newsworthy, with 16 news articles published about MAGIC.
On Twitter, people are mostly bullish about MAGIC. There were 97.53% of tweets with bullish sentiment compared to 4.46% of tweets with a bearish sentiment about MAGIC. 2.47% of tweets were neutral about MAGIC. These sentiments are based on 2299 tweets.
On Reddit, MAGIC was mentioned in 1344 Reddit posts and there were 106764 comments about MAGIC. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.