Create a Coinbase account to buy and sell MAGIC on the most secure crypto exchange.
MAGIC is on the rise this week. ↗
The price of MAGIC has decreased by 0.38% in the last hour and increased by 2.43% in the past 24 hours. MAGIC’s price has also risen by 12.40% in the past week. The current price is $0.21 per MAGIC with a 24-hour trading volume of $103.64M. Currently, MAGIC is valued at 96.67% below its all time high of $6.32. This all-time high was the highest price paid for MAGIC since its launch.
The current circulating supply of MAGIC is 312,416,433.233 MAGIC which means that MAGIC has as total market cap of $65,467,270.85.
Market cap
$65,467,270.85
Popularity
#447
Circulating
$312,416,433.23
Max Supply
Not enough data
Hold time
Not enough data
Volume (24h)
$103,637,555.92
↗ 62.14%
Volume (30D)
$2,393,783,513.85
Volume (7D)
$605,347,583.65
All time high
$6.32
Performance (1Y)
↘ 72.59%
Vs. Market (1Y)
↘ 78.39%
Vs. BTC (1Y)
↘ 81.23%
Vs. ETH (1Y)
↘ 50.28%
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.
MAGIC launched on Coinbase on December 8, 2022 at 5:32 PM
Networks and tags
gaming
metaverse
Magic (MAGIC) is a utility token that serves as the connective tissue for gaming communities within the Treasure Metaverse, a decentralized NFT ecosystem built on Arbitrum, a Layer 2 scaling solution for Ethereum. Launched in September 2021, MAGIC is a cross-game currency that links games, players, metaverses, and communities within the Web 3.0 framework. It is used for trading in-game NFTs on Treasure and also functions as a reserve currency for the Treasure metaverse. Players may receive MAGIC tokens by gaming, mining, and participating in games hosted on the Treasure platform. The token is intended to become increasingly scarce over time as more players join the ecosystem.
MAGIC operates as the official currency within the Treasure ecosystem, linking separate gaming communities. It is used in Bridgeworld, Treasure's flagship game, and in other games hosted on the Treasure platform. Players can stake MAGIC tokens in the Atlas Mine to help govern the Treasure platform. The Treasure ecosystem integrates DeFi, NFTs, and gaming as three separate elements: MAGIC, the cross-game digital currency; Treasures, which are in-game NFT items; and Legions, the platform's in-game NFT characters. MAGIC tokens allow players to transform Treasure NFTs into productive assets, and Legions help players receive Treasure NFTs and mine MAGIC tokens.
MAGIC tokens have a variety of potential use cases within the Treasure ecosystem. They can be received and used in various games, including Bridgeworld and other games hosted on the Treasure platform. They can also be staked in the Atlas Mine to participate in the governance of the Treasure platform. Additionally, MAGIC tokens can be used to transform Treasure NFTs into productive assets. More established gaming communities can use MAGIC to help develop new or emerging projects. The token's integration into the Treasure ecosystem allows for a wide range of potential use cases, all aimed at enhancing the gaming experience within the metaverse.
MAGIC was launched in September 2021 by the founders of Treasure, a platform that serves the MAGIC token. The founders, John Patten, Gaarp, and Karel Vuong, established Treasure with the aim of connecting gaming communities within a decentralized NFT ecosystem. The Treasure platform and MAGIC are operated by a decentralized autonomous organization (DAO), which consists of 36 community contributors, including experienced developers, product managers, economists, creative marketers, artists, and gamers. The MAGIC token is intended to become increasingly scarce over time as more players join the ecosystem. As of January 2023, the circulating supply of MAGIC is 211,674,541 out of a maximum supply of 347,714,007 coins.
We update our MAGIC to USD currency in real-time. Get the live price of MAGIC on Coinbase.
The current market cap of MAGIC is $65.47M. 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 $103.64M.
Assets that have a similar market cap to MAGIC include Avail, Adventure Gold, Taiko, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of MAGIC is 312 million.
MAGIC ranks 265 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 90% of Coinbase users are buying MAGIC. In other words, 90% of Coinbase customers have increased their net position in MAGIC over the past 24 hours through trading.
Yes, MAGIC is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy MAGIC guide.
Date | Price | Change |
|---|---|---|
Today (April 28, 2025) | $0.21 | +2.43% |
24 hours ago (April 27, 2025) | $0.20 | +2.43% |
1 week ago (April 21, 2025) | $0.19 | +12.40% |
1 month ago (March 28, 2025) | $0.14 | +53.07% |
1 year ago | $0.77 | -72.59% |
Earn free crypto after making your first purchase. Terms apply.
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.
7 unique individuals are talking about MAGIC and it is ranked #128 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, MAGIC has an average sentiment score of 100 out of 5. Finally, MAGIC is becoming less newsworthy, with 0 news articles published about MAGIC.
On Reddit, MAGIC was mentioned in 0 Reddit posts and there were 0 comments about MAGIC. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Contributors
7 people
Posts
1,514 posts
Dominance
0.15%
Volume rank
#128
Average Sentiment
100 out of 5
The Block • Dec 11, 24
Decentralized gaming project Treasure launches mainnet after DAO approved ZKsync migration
Treasure is transferring over 15 games, its governance token MAGIC and thousands of NFTs from its existing ecosystem on Arbitrum.
Read more
Bankless • Jul 02, 24
What Is MagicBlock? Understanding the Solana Onchain Game Engine
A beginner's guide to MagicBlock, a framework for building onchain Solana games
Read more
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