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.
Create a Coinbase account to buy and sell MAGIC on the most secure crypto exchange.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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.
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.
is an essential resource of the Treasure metaverse. Treasure is a NFT ecosystem built for metaverse projects. Treasure is governed by (Decentralized Autonomous Organization).According to its , the platform is powered by that divert imagination into productive and yield-bearing assets. The 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 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, is the native 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, , and participating in Bridgeworld. Bridgeworld is a central metaverse location in Treasure. The MAGIC token is employed in or that regularly works, leaving fewer tokens in circulation.
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.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
The current market cap of MAGIC is $125.75M. A high market cap implies that the asset is highly valued by the market.
The all-time high of MAGIC is $6.32. 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 $80.04M.
The current circulating supply of MAGIC is 237 million.
The median time that Coinbase customers hold MAGIC before selling it or sending it to another account or address is 12 days.
MAGIC ranks 224 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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