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MAGIC

MAGIC

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Market

Market stats

Market cap

$125.8M

Volume (24h)

$80.0M

Circulating supply

237.3M MAGIC

Typical hold time

12 days

Popularity

#90

All time high

$6.32

Price change (1h)

+2.1%

Price change (24h)

+4.17%

Price change (7d)

+13.21%

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MAGIC is on the rise this week.

The price of MAGIC has risen by 13.21% in the past 7 days. The price increased by 4.17% in the last 24 hours. In just the past hour, the price grew by 2.10%. The current price is $0.53 per MAGIC. MAGIC is 91.54% below the all time high of $6.32.

The current circulating supply is 237,311,292.571 MAGIC.

Ratings

Average ratings from the community

4.6 out of 5

751 ratings

Community

4.6

(250)

Roadmap

4.6

(252)

Usefulness

4.6

(249)

About

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.

What Is MAGIC (MAGIC)?

MAGIC (MAGIC) is an essential resource of the Treasure metaverse. Treasure is a decentralized NFT ecosystem built for metaverse projects. Treasure is governed by DAO (Decentralized Autonomous Organization).According to its whitepaper, the platform is powered by non-fungible tokens (NFTs) that divert imagination into productive and yield-bearing assets. The protocol is prepared to be increasingly inadequate as it threads an ever-growing web of narrative bridges within the metaverse. The Treasure protocol aims to permit communities to bootstrap new and decentralized metaverses. Bootstrapping is launching and operating a business employing personal finances or operational revenue. In addition, the platform also aims to expand Treasure metaverse and bridge partner ecosystems.

Further, MAGIC is the native token of the Treasure platform. The token is utilized to manage the Treasure ecosystem activities. The token is the only currency for marketplace trades. MAGIC is also the reserve currency for the entire web of metaverses linked under the Treasure. The players in the ecosystem tend to earn MAGIC tokens through playing, mining, and participating in Bridgeworld. Bridgeworld is a central metaverse location in Treasure. The MAGIC token is employed in staking or Liquidity Pool that regularly works, leaving fewer tokens in circulation.

History of MAGIC (MAGIC)

John Patten and Gaarp are the co-founders of the MAGIC ecosystem. John Patten is also a creative advisor of the platform. The total supply of the token is 178,029,559 MAGIC tokens. 

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Reading List

News

The Block • Sep 27, 23

Bitcoin’s correlation with equities continuing to diverge

The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.

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Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on

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With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)

There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.

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The Block • Sep 27, 23

FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance

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FAQ

What is the current price of MAGIC?

We update our MAGIC to USD currency in real-time. Get the live price of MAGIC on Coinbase.

What is the market cap of MAGIC?

The current market cap of MAGIC is $125.75M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MAGIC?

The all-time high of MAGIC is $6.32. This all-time high is highest price paid for MAGIC since it was launched.

What is the 24 hour trading volume of MAGIC?

Over the last 24 hours, the trading volume of MAGIC is $80.04M.

What other assets are similar to MAGIC?

Assets that have a similar market cap to MAGIC include Standard Tokenization Protocol, Symbol, Galxe, and many others. To see a full list, see our comparable market cap assets.

How many MAGIC are there?

The current circulating supply of MAGIC is 237 million.

What is the typical holding time of MAGIC?

The median time that Coinbase customers hold MAGIC before selling it or sending it to another account or address is 12 days.

What is the relative popularity of MAGIC?

MAGIC ranks 224 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy MAGIC on Coinbase?

Yes, MAGIC is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy MAGIC guide.