MAGIC
$0.16
Treasure (MAGIC) Price Today
The live price of Treasure is $0.16 USD.
In the past 24 hours, the trading volume of Treasure was $18.1M USD, with a change of +6.50%. The current live price of Treasure has changed by 0% from its 7-day high of $- USD and by 0% from its 7-day low of $- USD.
With a circulating supply of $347,685,919.97 MAGIC, the market cap of Treasure is currently $55M USD, marking a -44.12% change in the last 24 hours.
Treasure currently ranks 525 by market capitalization.
Treasure (MAGIC) Market Data
Market Cap
$55.7M
24h Volume
$18.1M
Circulating Supply
347.6M MAGIC
Maximum Supply
--
Fully Diluted Market Cap
$58.4M
Liquidity Indicator
32.52%
About
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FAQ
About Treasure (MAGIC)
MAGIC stands as the intrinsic token of Treasure, an innovative decentralized gaming and NFT ecosystem operating on the Arbitrum network. Treasure holds a substantial presence in the Ethereum Layer-2 network, facilitating 95% of all gaming and NFT transactions on Arbitrum. This expansive platform supports over ten decentralized games and has achieved prominence on SushiSwap. Notably, MAGIC not only functions as the primary currency within the Treasure ecosystem but also assumes a critical role as the governance token shaping the platform's future.
How does $MAGIC work?
$MAGIC plays a multifaceted role within the Treasure ecosystem. Firstly, it empowers NFTs within the platform, transforming them into dynamic, yield-bearing assets capable of generating passive income for holders. The MagicSwap AMM protocol facilitates blockchain interoperability, enabling a cross-game economy where players can seamlessly swap their MAGIC tokens for GFLY. Additionally, Treasure operates a decentralized autonomous organization (DAO) that includes MAGIC token holders. Through decentralized voting, these stakeholders actively contribute to crucial decisions regarding the evolution of Treasure. Bridgeworld, the central metaverse, manages MAGIC emissions, harvesting, and serves as a hub for resources such as NFTs and players. Legions within the ecosystem utilize Treasures for mining MAGIC, constructing infrastructure, and participating in various in-game activities.
$MAGIC tokenomics and risks
In terms of tokenomics, $MAGIC serves as the primary currency for transactions, governance, and powering NFTs within the Treasure ecosystem. The MagicSwap AMM protocol enhances blockchain interoperability. However, there are inherent risks associated with $MAGIC. Market risks involve susceptibility to value fluctuations linked to broader cryptocurrency market performance. Technology risks encompass potential vulnerabilities, smart contract risks, and exploits. Regulatory risks stem from uncertainties and changes in regulations affecting the legal status of Treasure and $MAGIC. Competition in the gaming and NFT market poses a challenge, and the success of Treasure hinges on adoption by its player community and the wider cryptocurrency user base. This comprehensive overview considers the various facets of $MAGIC, recognizing its utility, functions, and potential challenges within the dynamic landscape of decentralized gaming and NFTs.
Information source
Treasure (MAGIC) Price Converter
MAGIC to USD
1 MAGIC = $ 0.16
MAGIC to VND
1 MAGIC = ₫ 4,368.78
MAGIC to EUR
1 MAGIC = € 0.14
MAGIC to TWD
1 MAGIC = NT$ 5.07
MAGIC to IDR
1 MAGIC = Rp 2,758.42
MAGIC to PLN
1 MAGIC = zł 0.63
MAGIC to UZS
1 MAGIC = so'm 2,173.80
MAGIC to JPY
1 MAGIC = ￥ 24.35
MAGIC to RUB
1 MAGIC = ₽ 13.58
MAGIC to TRY
1 MAGIC = ₺ 6.53
MAGIC to THB
1 MAGIC = ฿ 5.57
MAGIC to UAH
1 MAGIC = ₴ 7.00
MAGIC to SAR
1 MAGIC = ر.س 0.63
How to Buy Treasure (MAGIC)
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Frequently Asked Questions about Treasure (MAGIC)
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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.