Treasure (MAGIC) Price
Treasure Price
Technical Analysis
Daily indicators based on 1d candle data
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| Binance | MAGIC/USDT | 0.18 | 86,989.82 | 100,431.80 | 53.59 M | 0.45 | cex | 552.00 | 7/9/2025, 6:23 AM |
| BiKing | MAGIC/USDT | 0.17 | 20,588.65 | 19,459.47 | 53.44 M | 2.76 | cex | 3.00 | 7/9/2025, 6:21 AM |
| Toobit | MAGIC/USDT | 0.17 | 183,116.21 | 225,578.54 | 40.58 M | 2.40 | cex | 501.00 | 7/9/2025, 6:21 AM |
| MEXC | MAGIC/USDT | 0.18 | 85,840.49 | 87,673.66 | 32.26 M | 1.22 | cex | 521.00 | 7/9/2025, 6:18 AM |
| BtcTurk | Kripto | MAGIC/TRY | 0.17 | 36,754.94 | 156,025.67 | 29.15 M | 16.68 | cex | 384.00 | 7/9/2025, 6:23 AM |
| LBank | MAGIC/USDT | 0.17 | 55,381.50 | 238,959.91 | 25.68 M | 1.30 | cex | 440.00 | 7/9/2025, 6:21 AM |
| Binance | MAGIC/TRY | 0.18 | 44,085.85 | 47,682.14 | 18.69 M | 0.16 | cex | 511.63 | 7/9/2025, 6:23 AM |
| Binance TR | MAGIC/TRY | 0.17 | 9,628.39 | 5,447.48 | 17.47 M | 7.30 | cex | 194.00 | 7/9/2025, 6:21 AM |
| Gate | MAGIC/USDT | 0.18 | 84,405.32 | 78,936.12 | 14.61 M | 0.58 | cex | 494.00 | 7/9/2025, 6:23 AM |
| OKX | MAGIC/USDT | 0.17 | 45,509.69 | 67,758.20 | 12.54 M | 0.82 | cex | 491.00 | 7/9/2025, 6:23 AM |
Treasure FAQ
Treasure is a decentralized gaming platform established in 2021. It serves as a foundational layer for the next generation of games, utilizing its native token, $MAGIC. Treasure operates as both a gaming network and a blockchain, built on the ZK Stack by ZKsync, which is one of Ethereum’s Layer 2 scaling solutions. Treasure hosts over 10 games, including notable titles such as The Beacon, Wanderers, Zeeverse, among others. The token was introduced in September 2021, enabling its community to buy and sell in-game NFTs on Treasure. Additionally, it functions as a reserve currency within Treasure’s metaverse. You can find more information on Eulerpool.
Treasure was founded by two co-founders: John Patten and Karel Vuong. Treasure and $MAGIC are managed by a decentralized autonomous organization (DAO), comprising over 30 core community contributors. The DAO's team consists of skilled developers, product managers, economists, creative marketers, artists, and many passionate gamers.
MAGIC serves as the native token powering Treasure's "decentralized game console," functioning as a utility token that integrates its metaverse of games and decentralized infrastructure. Currently, MAGIC serves several roles, including: - Acting as the unit of account on Treasure’s native NFT marketplace and the base pair within its Automated Market Maker (AMM). - Serving as the native staking token for the data availability layer across Treasure’s Infinity Chains blockchain network. - Functioning as the governance token for the network of chains, allowing holders to vote on core emissions policy and protocol upgrades. - Operating as a cross-game currency that links games, players, metaverses, and communities within Web 3.0. MAGIC is the official currency within the Treasure ecosystem, acting as a cross-metaverse currency that unifies distinct gaming communities. It is designed to become increasingly scarce as more participants join the ecosystem. MAGIC tokens can be earned and utilized across Treasure's games. Users can also stake MAGIC tokens in platforms such as Magicswap, Sushi, and within games to assist in governing the Treasure platform and engaging with the ecosystem. Treasure is a community-driven gaming project that began as a fair launch, focusing on small gaming communities at its core. Each community is interconnected through lore, guilds, resources, and MAGIC. These distinct communities are able to trade NFTs and collaborate using MAGIC tokens. For example, more established communities can leverage MAGIC to foster the development of new or emerging projects.
$MAGIC is an ERC-20 token with a maximum supply of 347,714,007 coins. This deflationary token allows its holders to participate in governance decisions within the Treasure ecosystem. The initial distribution of MAGIC was allocated as follows: - Community: 33% - Mining: 25% - Liquidity: 17% - Ecosystem Fund: 15% - Contributors: 10% As of November 2024, the circulating supply of MAGIC stands at 273,210,922 out of the total 347,714,007, which represents 79%.
Treasure and MAGIC are developed on ZKsync's ZK Stack, a layer-2 scaling solution that operates on the Ethereum blockchain. Consequently, MAGIC is secured by Ethereum’s Layer-1 proof-of-stake (PoS) consensus mechanism. For more details, you can refer to Eulerpool.
As of November 2024, MAGIC is listed on Binance, Coinbase Exchange, Uniswap (V2) and Uniswap (V3), SushiSwap, Gate.io, OKX, Huobi, Bybit, Bitget, MEXC, LBank, CoinEx, BitMart, BTCEX, and BitForex. Want to keep track of MAGIC prices live? Download the Eulerpool mobile app. What are the top NFT games? Find out with Eulerpool Alexandria.
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