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Magic

Magic MAGIC Price $ 0.743

Rank: 279

1352 Watchlists

NFT

MAGIC Price

0.743
1.56%
(-$ 0.0118)
Price Range
LowHigh
$ 0.716$ 0.774

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Treasure is a decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects.

Magic (MAGIC) Chart

The Magic to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

MAGIC to USD Converter

Magic (MAGIC)MAGIC

MAGIC Price Statistics

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Market Cap

$ 196.16M

FDV

$ 258.18M

ATH Market Cap

$ 482.24M

24 Trade Vol.

$ 18.37M


Vol. (24h) / MCap

0.0936

Max Supply

MAGIC 347,714,007

Total Supply

MAGIC 339,645,510

Circulating Supply

MAGIC 264.19M

(76% of Max Supply)

Listing Date

28 Sep 2021

All Time High

$ 6.49

19 Feb 2022


All Time Low

$ 0.0203

6 Oct 2021


From ATH

88.6%

From ATL

3,549%

What is Magic (MAGIC)?

Treasure is a decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects. Every project listed on Treasure’s marketplace utilizes MAGIC in their respective metaverses, with each community inventing its own lore and storytelling for this resource. MAGIC, the native token of Treasure, is the sole currency for marketplace transactions. In this way, MAGIC acts as the reserve currency for the entire web of metaverses connected under the Treasure umbrella. Treasure projects are linked–narratively and economically–through MAGIC. The DAO uses MAGIC emissions to grow new projects and continue supporting more mature ones.

The central metaverse in Treasure is a place called Bridgeworld, where MAGIC is emitted and harvested. Bridgeworld utilizes a three-part resource economy:

  • MAGIC (Power)
  • Treasures (Resources)
  • Legions (NFT | Players).

MAGIC is an increasingly scarce resource needed to “power on” treasures and allow them to function as productive assets. Treasures produce the instruments and materials needed to continue mining MAGIC. This dance between treasures and MAGIC forms a base layer metaverse on which other metaverse economies can be built and connected.

Magic Price Today

Magic's current price is $ 0.743, it has dropped -1.56% over the past 24 hours.

Magic's All Time High (ATH) of $ 6.49 was reached on 19 Feb 2022, and is currently -88.6% down.

The current circulating supply of Magic is 264.19 Million tokens, and the maximum supply of Magic is 347.71 Million.

Magic’s 24 hour trading volume is $ 18.37 Million.

Magic's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 196.16 Million.

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