Derivatives
Perpetual Futures
Perpetual contracts without expiration dates
Delivery Futures
Weekly or quarterly contracts with expiration dates
Options
Trade European-style Vanilla Options
CBBC
Trade callable bull / bear contracts
Copy Trading
Automate your trading by copying the top traders
Unified Account
new
Share margin, allow to open new positions with unrealized profits and thus enhance capital efficiency
USDT-M
BTC-M
Scan the QR code to download the mobile APP
Rise/fall colour
Start-End Time of the Change
  1. Cryptocurrencies
  2. Magic Price
Magic logo

Magic

MAGIC

Rank #205
$ 0.7868
-1.02%
24H Low$0.7638
24H High$0.8327
24H Volume
73.78M
All-Time High(ATH)
$6.32
All-Time Low(ATL)
$0.01999
Market Cap
199.8M
Fully Diluted Valuation
265.89M
Market Cap/FDV
0.7515
Circulating Supply
255.23M MAGIC
Total Supply
339.65M MAGIC
Max Supply
347.71M MAGIC
Market Sentiment
--
* Data from 3rd parties

Magic (MAGIC) Price Trends

Time period
Change amount
% Change
1H
$ 0.006103
0.78%
24H
$ -0.007997
-1.02%
7D
$ 0.08444
10.73%
14D
$ 0.1449
18.41%
30D
$ 0.2046
26%
1Y
$ 1.49
188.96%

Live Magic (MAGIC) Price Update

Magic price today is $0.7868 with a 24-hour trading volume of 73.78M, and as such Magic has a market cap of 199.8M, giving it a market dominance of 0.01%. The Magic price moved -1.02% in the last 24 hours.

Magic reached its highest price on 2022-02-19 when it was trading at its all-time high of $6.32, while its lowest price was recorded on 2021-10-07 when it was trading at its all-time low of $0.01999. The current lowest price since the last cycle high was $0.01999, and the highest price since the last cycle low was $6.32. The social sentiment of Magic is currently Positive.

The current circulating supply of Magic is 255.23M MAGIC. In terms of market cap, Magic is currently ranked 205.

About Magic (MAGIC)

Treasure has transformed into a massive ecosystem, located at the intersection of DeFi, NFT, and gaming. Treasure connects the growing metaverse network through open and composable methods to achieve the integration of NFT, DeFi, and gaming. Strengthening cross ecosystem connections through our interconnected resource models$ MAGIC (Power), Treatures (NFT | Resources), and Legends (NFT | Players). MAGIC is a natural resource of the Treatment Metaverse, which "activates" NFTs and transforms them from fantasies into productive and profitable assets. Players can earn $MAGIC by playing games, mining, and participating in Bridgeworld. Therefore, the Treasure ecosystem is managed by MAGIC holders.

FAQs

1. What determines the price movement of Magic?

There are two schools of thought in determining the price of Magic.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Magic, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Magic from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Magic on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Magic as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Magic and the cryptocurrency market as a whole.

Magic (MAGIC) News

Magic Eden Launches Cross-Chain NFT and Crypto Wallet for Bitcoin, Ethereum, Solana, and Polygon

Magic Eden Launches Cross-Chain NFT and Crypto Wallet for Bitcoin, Ethereum, Solana, and Polygon

The Magic Eden Wallet is now in closed beta and promises a range of features for NFT collectors.
Source: decrypt
Posted:
Bored Ape Creator Yuga Labs and Magic Eden Launching Ethereum NFT Marketplace That Enforces Royalties

Bored Ape Creator Yuga Labs and Magic Eden Launching Ethereum NFT Marketplace That Enforces Royalties

Magic Eden’s new Ethereum NFT marketplace will be “contractually obligated” to pay royalties. What does that mean for traders?
Source: decrypt
Posted:
NFT Creator Royalties Are Broken—Yuga Labs and Magic Eden Join Group Trying to Fix Them

NFT Creator Royalties Are Broken—Yuga Labs and Magic Eden Join Group Trying to Fix Them

The Open Metaverse Alliance has tapped industry leaders—including Bored Ape creator Yuga Labs—to help develop new NFT royalty standards.
Source: decrypt
Posted:
Magic Eden integrates Solana’s compressed NFTs into marketplace

Magic Eden integrates Solana’s compressed NFTs into marketplace

NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs.
Source: cointelegraph
Posted:
Just One Dose of Magic Mushroom Psychedelic Can Ease Depression for Weeks, Study Finds

Just One Dose of Magic Mushroom Psychedelic Can Ease Depression for Weeks, Study Finds

Psilocybin is having a magical effect on major depression disorders, but more study is needed, new research suggests.
Source: decrypt
Posted:
Los Angeles: Where Hollywood Magic and Creativity Meet Web3

Los Angeles: Where Hollywood Magic and Creativity Meet Web3

The City of Angels is a global influencer in art, fashion and, especially, entertainment. Less known are its significant contributions in technology innovation. Together, the No. 11 spot on CoinDesk’s Crypto Hubs 2023 is a Web3 power. Plus it has the best movie stars.
Source: coindesk
Posted:

Magic (MAGIC) Announcements

Gate.io Has Added MAGIC (MAGIC) Perpetual Contract

Gate.io has added MAGIC/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage. Trade MAGIC/USDT perpetual contract at: https://www.gate.io/futures_trade/USDT/MAGIC_USDT You can also practice your skills at your demo account, risk free via: https://www.gate.io/testnet/futures_trade/USDT/MAGIC_USDT About MAGIC (MAGIC ) MAGIC is the native token of Treasure. Treasure is the decentralized video game console connecting games and communities together imagination, MAGIC, and NFTs. Learn more about MAGIC/USDT perpetual contract specifications: https://www.gate.io/futures_market_info/usdt/MAGIC_USDT/market_info About Gate.io Perpetual Contract Market Gate.io's perpetual contract market is the most active market in the world, with a daily volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in our insurance fund to cover losses due to liquidation. We offer up to 100X leverage for BTC and support high leverage of 20X or 50X for a dozen of other assets, such as ETH,EOS,LTC,BCH,BSV and more. We use composite indices from several exchanges to mark liquidation, thus avoiding unnecessary liquidation. The futures market has been running stably and significantly reduced investors’ risk. Please note, perpetual contracts are of high leverage and incur a high risk. Please trade within your financial capacity. About Margin Currency Types in Gate.io Perpetual Contract Market Currently, there are two margin currencies, BTC and USDT, in Gate.io perpetual contract markets. Based on the margin currency, we group perpetual contracts into two separate groups, USDTmargined perpetual Contracts and BTCmargined Perpetual respectively. To trade any BTC margined perpetual contract, you have to transfer in BTC to your BTC Perpetual Contracts Account as margin, where PNL is also settled in BTC. To trade any USDT margined perpetual contracts, you have to transfer in funds to your USDT Perpetual Contracts Account, where PNL is also settled in USDT. USDT margined perpetual, using a stablecoin as margin and currency to settle Profit and Loss, they eliminate the volatility in return caused by BTC price fluctuations, which are considered a better fit to beginners. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team Feb 10, 2023
readings: 12025Posted:

Gate.io Will List Magic (MAGIC)

Gate.io is going to commence Magic (MAGIC) trading at 08:00 AM on December 12th (UTC), 2022. About Magic (MAGIC): TreasureDAO bridges the growing network of metaverses through an open and composable approach to the convergence of NFTs, Defi, and Gaming. The Treasure ecosystem currently exists on Arbitrum but plans to be cross-chain. 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. Token symbol: MAGIC Website: https://treasure.lol/ Magic (MAGIC) Trading starts: 08:00 AM on December 12th (UTC), 2022. Deposit Magic (MAGIC) at:https://www.gate.io/myaccount/deposit/MAGIC Trade Magic (MAGIC) in USDT market via:https://www.gate.io/trade/MAGIC_USDT Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Follow us on social Twitter: https://twitter.com/gate_io Telegram: https://t.me/gate_io Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team December 12th, 2022
readings: 22378Posted:

How to Sell NFT Works and Set the Selling Method (on APP)

lv How to Sell NFT Works 1.Log in to your Gate.io account on app. Click "NFT Box" on the homepage. 2.Click the “ " button in the top-right corner on the "NFT MagicBox" page. 3.Click "My Assets". 4.Click on the asset you want to sell. 5.Click "Sell". In "Listing Configuration", you can choose either "Buy It Now" or "Auction". See specific steps as follows: How to sell at a fixed price As shown in the screenshot below, you can sell your asset at a fixed Price followed by four steps: ① Choose payment currency; ② Enter the sale price; ③ Set the start time and end time; ④ Fees:No fees will be charged for listing, but you will be charged the following fees when the transaction is completed. ⑤Click on "Confirm" if all the information is correct. How to sell at an auction price As shown in the screenshot below, you can select auction sale followed by eight steps: ① Select payment currency; ② Set the "Opening Price"; ③ Set the start time and end time; ④Set the "Margin" (Auction deposit is required when bidders make their first bids. If the winning bidder cannot pay the full payment after the auction, his/her auction deposit will be used to compensate the seller's loss.) ⑤Set the "Reserve Price" (If the highest bid is lower than the reserve price, the item will not be sold. If you don't set a reserve price, the highest bidder will get the item); ⑥Set the "Increment" (bids must increase by a set increment each time); ⑦ Select a "Delay Period"; ⑧ Fees:No fees will be charged for listing, but you will be charged the following fees when the transaction is completed. ⑨Click on "Confirm" if all the information is correct. (Once listed, the asset will be locked automatically.)
readings: 73470Posted:

How to Purchase an NFT MagicBox (on App)

@media only screen and (max-width:996px) { #write blockquote { margin: 0 !important; } #write p{ padding: 0 !important; } #write h2 { font-size: 16px !important; } #write h3 { font-size: 14px !important; } .article-container #write img{ width: 300px !important; margin: 10px 4% !important; height: 100% !important; } } lv 1.Log in to your Gate.io account on app. Tap "NFT Box" on the homepage. 2.Select an NFT work you want to purchase on the "NFT MagicBox" page. Take "Purchase/Offer" sale items as an example. 3. Click on the NFT work you want to purchase to view asset details. ① If you are happy with the set sale price, just click "Purchase" to make the transaction. ② If you are not happy with the set sale price, click "Offer" to input a custom price you like. Note: 1) If the asset owner accepts your offer before it expires, the transaction will be automatically executed. 2) If the asset owner does not accept your offer before it expires, the offer will become invalid and your payment will be returned to your spot account. 4.Once the purchase is successful, the payment will be directly deducted from your spot account. In this process, it is necessary to ensure that a sufficient balance of the corresponding token remains in your account. Take an auctioning sale as an example. 5.Click on the NFT work you want to buy to view auction details (including the margin, the opening price, the increment, the delay period, the time the auction ends, etc.) Click on "Bid" to participate in the auction. Normally, the highest bidder becomes the buyer at the end of the auction; if no one bids or the highest bid is lower than the reserve price, the work will become an "abortive auction" and the owner can list it for sale again. Note: 1) Margin will be deducted in advance of the first bidding, while not required for subsequent bidding of the same item. 2) If the bidding is not successful, the margin will be automatically returned to the spot account after the auction. 3) If the bidding is successful, the margin will be automatically converted to payment after the auction, and the final payment will be automatically deducted from your spot account. 4) The act of bidding will not lock your funds. In order to make a smooth transaction upon successful bidding, please keep enough funds in your spot account to cover the final payment. If the deduction fails due to insufficient funds, the margin will be automatically returned to the seller. Risk Warning 1.Gate.io only provides the minting, transaction, and storage of NFTs themselves, with no rights to interfere with related matters of their copyright, quality, physical item, implicit value, etc. Users need to make their own judgments on whether to trade or not. 2. NFT transaction has a low-frequency demand. The NFTs being minted or displayed for sale will not necessarily be sold in a short time. They may undergo a price discovery process. Completed NFT transactions cannot be revoked. So be prudent with your pricing. 3. NFTs are a certain type of blockchain virtual assets, which involve safe custody of private keys, wallets, and other assets. Due to the scarcity of NFTs, it may cause immeasurable losses if they got lost. So please keep them properly. 4. Gate.io currently only supports selected external mainstream wallets, and the recipient address used is not the spot wallet address. Please check addresses and the supported contracts carefully when inputting NFT assets, in case they cannot be retrieved. 5. NFT MagicBox supports uploading content first and minting later. Once the minting is done, the content cannot be changed. 6. NFT MagicBox supports listing multiple copies for one work. Investors need to confirm the quantity before trading to avoid significant deviations between valuated prices and market prices. 7. Gate.io does not guarantee that works being displayed or sold in NFT MagicBox have no duplicates on other platforms or public blockchains now or in the future. Users need to make verifications and judgments themselves before trading.
readings: 88351Posted:

How to Create an NFT

@media only screen and (max-width:996px) { #write blockquote { margin: 0 !important; } #write p{ padding: 0 !important; } #write h2 { font-size: 16px !important; } #write h3 { font-size: 14px !important; } .article-container #write img{ width: 300px !important; margin: 10px 4% !important; height: 100% !important; } } lv Step 1: Click on "NFT MagicBox" to enter the "NFT MagicBox" page, where you can click either "Create NFTs" on the page directly, or "My Assets" - "Create NFTs" in the upper-right corner of the page. You will see a pop-up window indicating no collections available right now. Click the "Click to create collection" button to create one. You will need to fill in the relevant fields and click "Confirm & Create". ①Enter the collection name, select a collection category, and describe your collection (optional). ②Choose a link (optional). ③Upload a logo, cover (optional), and showcase banner (optional) of your collection. After finishing the above steps, click "Create Works" in the upper-right corner to start your creation process. Step 2: Fill in the information and upload the picture as required on the "Create Works" page. Confirm the information and click on "Next" to start the "Mint Works" process. Step 3: Click on "Mint" and enter your fund password. Step 4: Once you have successfully submitted your “Mint" request, you can see specific information by clicking on "View Details". Risk Warning 1.Gate.io only provides the minting, transaction, and storage of NFTs themselves, with no rights to interfere with related matters of their copyright, quality, physical item, implicit value, etc. Users need to make their own judgments on whether to trade or not. 2.NFT transaction has a low-frequency demand. The NFTs being minted or displayed for sale will not necessarily be sold in a short time. They may undergo a price discovery process. Completed NFT transactions cannot be revoked. So be prudent with your pricing. 3.NFTs are a certain type of blockchain virtual assets, which involve safe custody of private keys, wallets, and other assets. Due to the scarcity of NFTs, it may cause immeasurable losses if they got lost. So please keep them properly. 4.Gate.io currently only supports selected external mainstream wallets, and the recipient address used is not the spot wallet address. Please carefully check addresses and the supported contract when inputting NFT assets. In case they cannot be retrieved. 5.NFT MagicBox supports uploading content first and minting later. Once the minting is done, the content cannot be changed. 6.NFT MagicBox supports listing multiple copies for one work. Investors need to confirm the quantity before trading to avoid significant deviations between valuated prices and market prices. 7.Gate.io does not guarantee that works being displayed or sold in NFT MagicBox have no duplicates on other platforms or public blockchains now or in future. Users need to make verifications and judgments themselves before trading.
readings: 93726Posted:

Guide to NFT MagicBox

@media only screen and (max-width:996px) { #write blockquote { margin: 0 !important; } #write p { padding: 0 !important; } #write h2 { font-size: 16px !important; } #write h3 { font-size: 14px !important; } .article-container #write img { width: 300px !important; margin: 10px 4% !important; height: 100% !important; } } lv NF MagicBox Gate.io NFT MagicBox is the world's first centralized NFT trading platform, which consists of a Pioneer Creation platform and an Auction platform. It supports auctions and fixed-price trading of NFT collectibles in broad fields ranging from games, music, art to sports, providing artists, users, and professional NFT brokers with an all-round experience of platform empowerment, low-cost tokens minting, work exhibition, and selling. Linked to GateChain, Gate.io NFT MagicBox is as safe and efficient as GateChain. It cuts down Gas fees dramatically, integrates the world's top NFT platforms such as Opensea, Rarible, CryptoArt, and Sorare, and is compatible with Ethereum’s ERC-721 and ERC-1155 protocols, committing to exploring NFT's infinite possibilities in the fields of artistic value and application, and to building the world's top-ranking platform that supports NFT minting, creation, communication, auction, and trading. A quick introduction to NFT: What is an NFT? NFT, the acronym of Non-fungible Token, is a special protocol created on the blockchain. Two bitcoins are generally interchangeable as they share the same properties and prices. Therefore, a Bitcoin is also called a "fungible token". While NFTs, as each is unique, indivisible, and irreplaceable, are called “non-fungible tokens” or “non-homogeneous tokens”. Different from Ethereum ERC-20 tokens, NFTs are mainly derived from ERC-721 and ERC-1155 protocols. The major difference is that the former can only generate NFTs, while their amount is defined by the latter. Since NFTs are created on the blockchain, they are naturally decentralized, tamper-proof, open, transparent, and traceable. Why do we need NFTs? In the field of traditional art and rare products, transaction vouchers are normally stored in centralized databases or paper certificates. These vouchers are less authoritative and at risk of being reduplicated or tampered with. However, NFTs can be considered as a transaction certificate recorded on the blockchain to prove ownership and record price discovery of all transactions and have certain investment properties. NFTs have been used in popular marketplaces such as game props, electronic tickets, collectibles, music, encrypted art, etc., creating a phenomenon of "NFTs for everything". A common feature these marketplaces share is that valuable things enjoy irreplaceable otherness, which makes it perfectly fit for applying NFTs to mark their digital ownership on the blockchain. Among the above-mentioned marketplaces, encrypted artwork has turned to be the fastest-growing one in NFT application. It boasts irreplaceable advantages for both creators and investors. NFTs for creators: NFTs are characterized by being rare, indivisible, and unique. They share certain properties with blockchain tokens. Based on these properties, if a work is made into an NFT, it can easily be proved that the creator owns this work, and its future ownership and pricing history can be easily tracked. In the NFT market, works can be displayed and sold conveniently. What's more, traditional artwork transactions will generate no additional profits for the creator after the work is sold, even if the price goes sky-high in the future. By contrast, in NFT transactions, a creator can receive resale royalties from every subsequent trading. An NFT makes it easy to verify its scarcity, to transact, and to bring original creators profits repeatedly, which bring artists stronger motivations to create. NFTs for investors: Different from traditional investments, NFTs have such exclusive features as ownership, transferability, and authenticity. For investors, NFTs can help to prove ownership effectively. Its scarcity and high liquidity make NFTs a good fit for investment, from which investors can obtain short-term speculative gains, get more fans or certain privileges, fulfill social needs or pursue collecting hobbies. During the price discovery process, a large number of collectors get to hunt for excellent works to earn from the profit margin. Glossary: Mint: To extract and record the "digital content" and its information based on the open blockchain protocol, including work deion, property, physical item backed, copyright, etc. Input: The act of minting a work or recharging NFT assets to the NFT MagicBox address. Output: NFT creators transfer the existing NFT MagicBox assets to a supported network address. Fixed price: NFT asset holders sell NFT works at a fixed price. Auction price: NFT asset holders sell NFT works by bidding in an incremental manner. The highest bidder becomes the buyer. Reserve price: In an auction, the creator can set a reserve price. If the highest bid is lower than the reserve price, the item will not be sold. if no reserve price is set, the highest bidder becomes the buyer at the end of the auction. Partnership with Gate.io NFT MagicBox ( click to see details)
readings: 148655Posted:
Date
Market Cap
Volume
Open
Close
2023-11-29
$66.73M$193.52M$0.8N/A
2023-11-28
$107.83M$201.83M$0.8342$0.8
2023-11-27
$157.22M$208.24M$0.8581$0.8342
2023-11-26
$222.45M$209.4M$0.866$0.8581
2023-11-25
$46.61M$167.84M$0.6942$0.866
2023-11-24
$43.21M$164.35M$0.6793$0.6942
2023-11-23
$71.23M$172.05M$0.7106$0.6793
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • Türkçe
  • 日本語
  • عربي
  • Українська
  • Português (Brasil)
  • Gate.io © 2013-2023.
  • English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • Türkçe
  • 日本語
  • عربي
  • Українська
  • Português (Brasil)
  • USD
  • CNY
  • USD
  • KRW
  • VND
  • EUR
  • GBP
  • HKD
  • JPY
  • RUB
  • TRY
  • INR
  • NGN
  • UAH
  • BRL
  • MYR
  • PGK
  • THB
  • PKR
  • BDT
  • PHP
  • CAD
  • IDR
  • ZAR
  • PLN
  • SAR
  • ARS
  • AED
  • KZT
  • EGP
  • UZS
  • TWD
  • GHS
  • VES
  • MXN
  • COP
  • XAF
  • XOF
  • BYN
  • KES
  • MAD
  • Copyright © 2013-2023. All Right Reserved.