MAGIC
MAGIC

Magic price

$0.14530
-$0.00250
(-1.70%)
Price change for the last 24 hours
USDUSD
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Magic market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$43.67M
Circulating supply
300,363,537 MAGIC
86.38% of
347,714,007 MAGIC
Market cap ranking
212
Audits
CertiK
Last audit: 3 June 2021
24h high
$0.14980
24h low
$0.14320
All-time high
$6.4920
-97.77% (-$6.3467)
Last updated: 20 Feb 2022
All-time low
$0.12230
+18.80% (+$0.023000)
Last updated: 11 Mar 2025

Magic price performance in USD

The current price of Magic is $0.14530. Over the last 24 hours, Magic has decreased by -1.69%. It currently has a circulating supply of 300,363,537 MAGIC and a maximum supply of 347,714,007 MAGIC, giving it a fully diluted market cap of $43.67M. At present, the Magic coin holds the 212 position in market cap rankings. The Magic/USD price is updated in real-time.
Today
-$0.00250
-1.70%
7 days
+$0.010700
+7.94%
30 days
-$0.09040
-38.36%
3 months
-$0.27150
-65.14%

About Magic (MAGIC)

3.1/5
CyberScope
3.1
20/03/2025
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

Web3 is shaping the future of the internet, and the metaverse stands out within this landscape. Among the beneficiaries of the metaverse's transformative potential is the gaming sector. Yet, while metaverse ecosystems, games, and decentralized apps (dApp) offer unique experiences, they often lack seamless integration. Addressing this challenge, Treasure introduces MAGIC, a solution designed to enhance connectivity across gaming communities within its metaverse ecosystem.

What is MAGIC

MAGIC is the token that powers the Treasure metaverse. Originally launched on the Ethereum blockchain in August 2021, Treasure later transitioned the protocol to the Arbitrum chain in October of the same year. This strategic move has solidified Treasure's position as a prominent decentralized game publisher within the Arbitrum network. Across the Treasure platform, every listed project or game operates through MAGIC tokens, fostering seamless interactions among games, players, metaverses, and Web3 communities.

Beyond its role as a currency within the Web3 ecosystem, MAGIC offers a robust software development kit (SDK) that simplifies the construction and deployment of Web3 applications for developers. This SDK enhances both efficiency and user-friendliness, contributing to the growth and accessibility of the Web3 landscape.

The MAGIC team

In August 2021, John Patten launched MAGIC alongside a team of skilled creatives and technology experts. The project's co-founders, John Patten and Karel Vuong, spearheaded its inception. Currently, MAGIC operates under the governance of a decentralized autonomous organization (DAO) comprising more than 30 community contributors.

How does MAGIC work 

An integral component of the MAGIC ecosystem is MagicSwap. MagicSwap facilitates the exchange of MAGIC tokens for other digital assets utilized in various Web3 games. By utilizing MagicSwap, users can access multiple games without the need to individually purchase or trade for in-game assets. 

Another component is Bridgeworld, the central metaverse. Bridgeworld serves as a focal point for connecting and accessing other metaverses. 

Additionally, there exists Trove, a specialized non-fungible token (NFT) marketplace that operates on the Arbitrum chain. It is in Trove where MAGIC holders, collectors, and game players converge to engage to buy and sell gamified NFTs. These NFTs, known as Treasures, act as valuable resources that enhance gameplay and assist in completing quests across different games within the MAGIC world.

The utility token of Magic: MAGIC

MAGIC serves as the utility token within the Magic protocol, functioning as the primary currency. Beyond that, MAGIC connects different metaverse platforms, acting as a seamless bridge between them. Furthermore, MAGIC takes on a foundational governance role within the Treasure network, empowering MAGIC token holders with voting rights in crucial decision-making processes that mold the platform's trajectory.

MAGIC tokenomics

MAGIC is an ERC-20 standard asset created with a maximum supply of 347,714,007 tokens. The tokens are distributed among gamers, miners, network stakers, the treasury, and the development team. MAGIC is a deflationary asset, meaning the total supply of MAGIC reduces as more tokens are burnt.

MAGIC use cases 

MAGIC has an array of applications, encompassing enabling in-game characters to embark on quests and craft new items, paying network fees, acquiring NFTs, and procuring in-game assets. Its role extends to being the reserve currency within the Treasure ecosystem, while also serving as a bridge to connect diverse metaverse platforms.

MAGIC distribution

MAGIC launched in 2021 with the following distribution:

  • 33 percent: Treasure Farm
  • 25 percent: Mining rewards
  • 17 percent: Staking and liquidity
  • 15 percent: MAGIC ecosystem fund
  • 10 percent: MAGIC team
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Learn more about Magic (MAGIC)

Discover more on MAGIC
Get to know the technology behind Magic Eden ME
Exploring Magic Eden ME Technology: A Cross-Chain Revolution Magic Eden ME technology is at the forefront of the blockchain revolution, enabling seamless multi-chain asset trading through its innovative ecosystem. As the largest NFT marketplace and Runes platform, Magic Eden is redefining how users interact with digital assets across multiple blockchains. This article delves into the origins, blockchain infrastructure, and technology driving the $ME token, which supports Magic Eden's cross-chain super Dapp strategy.
18 Mar 2025|OKX
What is Magic Eden: Get to know all about ME
What is Magic Eden ME? Magic Eden ME ($ME) is a cryptocurrency token designed to support the Magic Eden platform's cross-chain ecosystem strategy. As the largest NFT marketplace and Runes platform, Magic Eden enables users to buy, sell, and discover NFTs and Ordinals across multiple blockchain networks, including Solana, Bitcoin, Ethereum, Polygon, and more. The $ME token plays a pivotal role in this ecosystem by facilitating seamless, one-stop trading of multi-chain assets through the Magic Eden mobile wallet. This innovative approach positions $ME as a key enabler of Magic Eden's mission to attract users from diverse blockchain ecosystems.
17 Mar 2025|OKX
What is The Sandbox (SAND)? Unveiling a world where imagination meets blockchain magic
In the realm of blockchain gaming, The Sandbox emerges as an enchanting metaverse, adding a touch of magic to the world of play and creation. Evolving from mobile gaming sensations like The Sandbox (2011) and The Sandbox Evolution (2016), the platform made a leap to blockchain-based gaming in 2018, aiming to disrupt giants like Minecraft and Roblox. Here, gamers have absolute ownership over their in-game assets through , transforming regular gameplay into a experience.
25 Apr 2024|OKX
Discover more on MAGIC

Magic FAQ

How much is 1 Magic worth today?
Currently, one Magic is worth $0.14530. For answers and insight into Magic's price action, you're in the right place. Explore the latest Magic charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Magic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Magic have been created as well.
Will the price of Magic go up today?
Check out our Magic price prediction page to forecast future prices and determine your price targets.

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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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