Magic
MAGIC
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Magic price
₺2.487
-- (--)
TRY
Last updated on --.
About Magic
MAGIC is the cryptocurrency powering the Treasure ecosystem, a decentralized platform that bridges blockchain gaming and NFTs. Designed to unify digital economies, MAGIC enables users to trade, earn, and interact seamlessly within the ecosystem. It serves as the backbone for innovative projects like Smolverse, where players can engage with on-chain pixel art NFTs, and other community-driven applications. By leveraging blockchain technology, MAGIC empowers creators and users to participate in decentralized worlds, unlocking real value from digital assets. Whether you're a gamer, collector, or crypto enthusiast, MAGIC invites you to explore its unique blend of creativity and utility. Dive into the world of MAGIC and discover the future of digital ownership.
AI insights
Magic’s recent prices
Past year
-31.09%
₺3.61
3 months
-42.74%
₺4.34
30 days
-11.56%
₺2.81
7 days
-3.28%
₺2.57
Magic performance
₺2.487
Magic price today
Magic price today is ₺2.487, marking a -4.03% over the past 24 hours. On OKX TR, today’s Magic trading volume reached 192,131,222, worth over ₺477.96M.
₺288.96
Magic all-time high
Magic achieved its all-time high price of ₺288.96 on Feb 20, 2022, (UTC+8). At today's price of ₺2.487, Magic price is now -99.14% lower than its historic high.
$0.05589
Magic in USD
The current Magic to USD conversion rate is $0.05589 per Magic.
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Learn more about Magic (MAGIC)
What's Magic?
Magic is a cryptocurrency designed to facilitate transactions within its ecosystem, offering users a seamless way to engage with digital assets. It aims to solve issues related to transaction speed and cost, providing a more efficient alternative to traditional financial systems. Magic is primarily used for payments, staking, and governance within its network, enabling users to participate in decision-making processes and earn rewards.
How does Magic work?
Magic operates on a blockchain that uses a consensus mechanism to validate transactions and secure the network. This technology ensures transparency and immutability, allowing users to trust the system without intermediaries. Notable features include smart contracts, which automate processes and reduce the need for manual intervention, enhancing efficiency and reliability in transactions.
What's the total supply of Magic?
Magic has a predetermined total supply, which is capped to ensure scarcity and value retention. The circulating supply is the portion of the total supply currently available in the market. Tokenomics mechanisms may include minting new tokens for rewards or burning tokens to reduce supply, influencing the token's value and utility over time.
What determines Magic's price?
The price of Magic is influenced by its utility and demand within the ecosystem, as well as network usage and market sentiment. Regulatory changes can impact its value, as can competition from other cryptocurrencies. External factors such as technological advancements and adoption rates also play a role in determining its market price.
Pros and cons of Magic
- Pros: Efficient transaction processing, strong community governance, potential for rewards through staking.
- Cons: Market volatility, regulatory uncertainties, competition from other cryptocurrencies.
How do I store my Magic?
Magic can be acquired through exchanges like OKX, where users can trade it for other cryptocurrencies or fiat. It can be stored in digital wallets, which should be secured with strong passwords and private keys. Users can use Magic for transactions, staking, and governance. Always be cautious of phishing attempts and ensure compliance with local regulations, as availability may vary by jurisdiction.
Guides
Find out how to buy Magic
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think. Kickstart your journey on the OKX TR mobile app, or right here on the web.
Predict Magic’s prices
How much will Magic be worth over the next few years? Check out the community's thoughts and make your predictions.
View Magic’s price history
Track your Magic’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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Magic trading pairs
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Magic FAQ
Magic can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Magic’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Magic and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Magic at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Magic MAGIC safely on a trusted exchange like OKX TR.
Currently, one Magic is worth ₺2.487. 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 TR.
To read this Magic price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Magic’s price is updated in real-time on our Magic price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Magic MAGIC. Refer here for a more detailed guide.
Staking and earning rewards with Magic are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.
Magic (MAGIC) and the Treasure network are established on the Arbitrum chain, a Layer 2 scaling solution developed on the Ethereum blockchain. This setup enables MAGIC to inherit the security attributes of Ethereum's Proof of Stake (PoS) consensus mechanism.
MAGIC serves as a versatile cross-game digital currency that spans across games, decentralized applications (dApps), metaverses, and communities within Web3.
Easily buy MAGIC tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the MAGIC/USDT trading pair.
You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for MAGIC with zero fees and no price slippage by using OKX TR Convert.
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 TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. 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 TR 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 TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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. Product may not be available in all jurisdictions.
OKX TR 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 TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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. Product may not be available in all jurisdictions.
Market cap
₺818.48M #238
Circulating supply
327.78M / 347.71M
All-time high
₺288.96
24h volume
₺477.96M
Rating
0.0 / 5
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