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MAGIC MAGIC

MAGIC Price (MAGIC)
$0.7620
1.49% Buy MAGIC Now

0.0003 ETH

0.0000123 BTC

Buy MAGIC Now
Low: $0.7148
High: $0.7755
24h
Market Cap
$201,308,027
1.49%
Fully Diluted Market Cap
$264,948,465
1.49%
Volume
24h
$25,597,006
22.66%
Volume / Market Cap
0.1272
Circulating Supply
264,193,342 MAGIC
75.98%
Max Supply
347,714,007
Total Supply
347,714,007

MAGIC (MAGIC) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.24%

Joined at Jan 14, 2022

Following

1

0.00%

Tweet count

0

MAGIC reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official MAGIC (MAGIC) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

MAGIC telegram
Telegram Stats

Members

-

Title

-

Currently, official MAGIC (MAGIC) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆

MAGIC traffic
Website Traffic
Visit Website

Website Rating (DR)

61 / 100

1.61%

Ahrefs Rank

260,707

7.54%

Organic Traffic (mo.)

0

MAGIC github
GitHub Organization

Public repos

-

Type

-

Currently, official MAGIC (MAGIC) GitHub Organization account doesn’t exist or wasn’t submitted. 🔆

MAGIC github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official MAGIC (MAGIC) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 2,077


Live MAGIC Price Analysis

The current real time MAGIC price is $0.7620, and its trading volume is $25,597,006 in the last 24 hours. MAGIC price has grew by 1.49% in the last day, and decreased by 27.90% in the last 7 days. It’s important to note that current MAGIC market capitalization is $201,308,027, and the maximum supply is 347,714,007 MAGIC coins. Talking about circulating supply, MAGIC has 264,193,342 coins. Currently, MAGIC rank on the market is #225.

MAGIC price today is 87.94% below all time high, and it is 296.75% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MAGIC are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is MAGIC?

MAGIC is the native token for the Treasure metaverse. Treasure is a decentralized video game console built on Arbitrum. It connects games and communities through bottom-up-driven IP and infrastructure.

Treasure is aiming to solve one of the main problems with the current play-to-earn (P2E) blockchain games—unsustainability. In most cases, P2E games are designed such that users’ builders and games are separated from one another. In such a model, users tend to abandon the project and move on to the next one once the yield is exhausted. Treasure is solving this problem by building a gaming and NFT ecosystem glued together by the MAGIC token.

Treasures are non-fungible tokens (NFTs) that can produce new resources, such as mini-factories. The items require the staking of enough MAGIC tokens. Treasures can also produce instruments required to extract more MAGIC. The entire process is designed to make the mining process more difficult.

One of the key features of this token is that it is designed to be increasingly scarce. This ensures that the demand for the token remains high, thereby protecting the MAGIC price from deteriorating.

Most traditional liquidity mining projects experience instant success but lack long-term effectiveness. On the other hand, the Treasure project primarily aims to improve current LP incentives and create long-term economic assets.

Treasure is creating an ecosystem that other game projects want to join. The projects within the ecosystem receive 50% of MAGIC emissions during the first two weeks after the launch. They sell their NFT exclusively through the Treasure DAO marketplace. A portion of the sales, 2.5%, goes to the DAO. Additionally, partner projects accumulate MAGIC as part of their game mechanism.

MAGIC crypto is put into staking or LP positions indefinitely, leaving less of the tokens to circulate. The token then gains a loyal community and established use cases. It forms a foundation on which new types of derivatives and financial products can be built.

Additionally, the native asset, MAGIC coin, uses a unique PoW mechanism to issue new tokens. Users are required to stake the network's assets such as Legion, Treasures, and MAGIC tokens to earn new mining items. The cost of farming equals the price of the initial assets (mining equipment) and the time required to perform the actions.

The main goal of the project is to create an economy, in which the rarest assets are earned through labor, just like the PoW economy. This approach is more sustainable as it creates a slow yet continuous growth in liquidity. Some of the features that attract and retain users to the project are higher yield and lower fees.

Use Cases of MAGIC Tokens

The MAGIC token is a utility token that glues the Treasure ecosystem together. It facilitates transactions within the ecosystem. Users can buy different in-game assets using the MAGIC coin. The asset also facilitates the reward system within the Treasure ecosystem.

Furthermore, MAGIC crypto is a governance token. The token gives the holders governance power. They can influence the future of the project by enabling holders to vote on various proposals to the network.

Also, MAGIC token holders can stake their assets in exchange for rewards.

Moreover, MAGIC acts as a reserve asset across the Treasure ecosystem due to its deep liquidity.

Lastly, the token powers NFTs, turning them into productive yield-bearing assets.

If you plan to buy MAGIC crypto assets, keep in mind that the MAGIC price is volatile, just like any other crypto. Therefore, research it before investing in the token. You can use the MAGIC price chart above.

Who Founded Treasure?

Treasure was founded by three co-founders with Twitter handles @jpatten__ (John), @yyyy (Yuta), and @gaarping. The Treasure document lists the team members and community contributors. However, you can only find a link on their Twitter page. Little information about their other experiences is available.

Tokenomics of MAGIC

MAGIC is mined through staking Treasures. Users collect points for every Treasure staked. The project pays out 22,222 MAGIC daily, which is divided among the investors in the ratio of their total points to the overall points of all people staked.

The token has a fixed supply mechanism, which hedges against inflation, protecting the MAGIC price. The token is designed with a maximum supply of 347,714,007 MAGIC.

Similar to BTC, MAGIC undergoes yearly halving events. All supply is designed to be mined over 10 years. The token will be distributed at the following ratios:

  • Treasure farm – 33%
  • Mining – 25%
  • Staking/Liquidity – 17%
  • Ecosystem Fund – 15%
  • Team – 10%

Users can earn MAGIC crypto by mining, playing, and participating in Bridgeworld.

What's MAGIC trading volume in the last 24 hours?

MAGIC has a trading volume of $25,597,006 in the last 24 hours.

What's MAGIC highest price ever?

MAGIC has a highest price of $6.32, which was reached on Feb 19, 2022 (2 years 1 month ago).

What's MAGIC lowest price ever?

MAGIC has a lowest price of $0.1921, which was reached on Nov 19, 2021 (2 years 4 months ago).

What are the best exchanges for buying and selling MAGIC?

Currently, the most active and dominating exchanges for buying and selling MAGIC are Binance, Kraken & Kucoin. The most popular MAGIC trading pairs are MAGIC/USDT (on Deepcoin ), MAGIC/USDT (on BingX ), MAGIC/WETH (on SushiSwap (Arbitrum) ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping MAGIC?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping MAGIC. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

MAGIC project's Circulating Supply has been verified and is equal to:

Circulating Supply

264,193,342 MAGIC

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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