$0.8034
Time period | Change amount | % Change |
---|---|---|
1H | $-- | +0.12% |
24H | $-0.01000 | -0.65% |
7D | $-0.01000 | -1.31% |
30D | $-0.3800 | -32.32% |
1Y | $-0.4500 | -35.94% |
77.89
Reliability Score
Rank #1
# 920
Percentile
TOP 5%
Magic price today is $0.8034 with a 24-hour trading volume of $23.22 M, and as such Magic has a market cap of $210.9 M, giving it a market dominance of 0.0071%. The Magic price moved -0.6500% 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 $262.51 M MAGIC. In terms of market cap, Magic is currently ranked 345.
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.
Next Unlock Events
Next Unlock Events
MAGIC --
(--% Total Supply)
$--
(--% Market Cap)
Unlock Rounds --
--
D
--
Unlock Rounds --
--
D
--
MAGIC --
(--% Total Supply)
$--
(--% Market Cap)
Allocations
Name | Total | Unlocked | Locked |
---|---|---|---|
No record |
NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.
BTC stables at $66k, liquidations in narrow range. BTC funding again turns negative in bullish sign. ETFs net inflow after Grayscale moves to lower fees. BTC demand 5x vs supply post-halving: Bitfinex. SOL congestion issue now largely solved. Two SEC lawyers resign after ‘gross abuse of power’. Ripple fights to lower $2bn SEC fine. SAFE trades at $2.8bn FDV after OKX lists. MANEKI hits $150m on first day, China memes pump. Memecoins are ‘black hole you can’t ignore’. DeGods up 20%, may switch back to SOL. Magic Eden launches Runes platform ahead of time. Louis Vuitton gifts Pharrell jacket to NFT holders. Melania Trump launches necklace with SOL NFTs. Hoodie Punk trades for $620K.
Just three days after Bitcoin's Runes protocol launched, Magic Eden has rolled out support for the tokens. Here's what to expect.
The upcoming Runes fungible token standard will “supercharge the Bitcoin ecosystem,” a Magic Eden co-founder told Decrypt.
The “NFT” token drop will benefit Magic Eden’s Bitcoin Ordinals traders, along with those on Solana and Ethereum.
Magic Square's Ecosystem Grant Program consists of 120 million SQR, equivalent to 12% of the token's total supply.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-04-26 | $214.73 M | -- MAGIC | $0.8180 | N/A |
2024-04-25 | $230.22 M | -- MAGIC | $0.8770 | $0.8180 |
2024-04-24 | $231.35 M | -- MAGIC | $0.8813 | $0.8770 |
2024-04-23 | $231.35 M | 4902.89 MAGIC | $0.8813 | $0.8813 |
2024-04-22 | $224.52 M | 6437.57 MAGIC | $0.8553 | $0.8813 |
2024-04-21 | $220.72 M | 13052.78 MAGIC | $0.8408 | $0.8553 |
2024-04-20 | $202.66 M | 68129.48 MAGIC | $0.7720 | $0.8408 |
2024-04-19 | $200.35 M | 43947.3 MAGIC | $0.7632 | $0.7720 |