We have the MAGIC price predictions for 2023, 2025, 2030, and beyond for you. Looking closely at the cryptocurrency market gives us the impression that it is doing extremely well, not poorly.
Additionally, this is the ideal time to make forecasts because 2023 is just getting started. Any alternative currency must be assessed in light of the general market environment and Bitcoin performance. Is MAGIC (MAGIC) a good investment? Other commonly asked topics will be addressed. What will Magic be valued in 2025? How much will Magic be worth in ten years?
MAGIC Overview
| Coin Name | MAGIC |
| Coin Symbol | MAGIC |
| USD Price | $ 0.69 |
| Market Cap | $ 143,184,405 |
| 24h Volume | $ 15,691,697 |
| Total Supply | 339,645,510 |
With a price of USD 0.69 and a market capitalization of $143,184,405, MAGIC is now ranked 160th among the top-valued currencies. TechNewsLeader Price Index estimates that MAGIC has a 24-hour volume of $15,691,697. In the past day, MAGIC’s price value changed by 0.41%. The price of MAGIC has changed by 29.82% over the past week. It has a 206,639,628 coin maximum supply restriction.
MAGIC explained
The metaverse was a significant development in the cryptocurrency industry in 2021.
Participating in a virtual world and interacting with it through your digital avatar wasn’t particularly novel. Still, blockchain-related advancements helped make it a hot topic in recent months. That is until the bear market took hold after Terra’s UST stablecoin and LUNA crypto, Celsius Network’s bankruptcy filing, and the failure of crypto exchange FTX.
The development of non-fungible tokens was among the factors that contributed to the metaverse’s integration into the cryptocurrency world (NFTs). These works of digital art have been and continue to be significant. They are connected to the metaverse because many users decided to use NFTs to adorn their portions of the virtual digital world, which resulted in a brisk business for them in the second half of 2017.
The idea of play-to-earn (P2E) games is another aspect that connects the metaverse to NFTs. A game that allows players to trade and win such non-fungible tokens implies, by extension, that playing the game might yield some real-world money because NFTs have a real-world value, admittedly one that is often expressed in the form of cryptocurrency.
As a result, there have been several P2E games designed to draw in players who wish to capitalize on their interest in gaming, NFTs, and the metaverse. Since there are so many, it is probably logical that the concept of gathering them all into a virtual metaverse game console is appealing.
One such website is Treasure. This service offers players a collection of play-to-earn games and metaverses all in one location. According to the system’s whitepaper, Treasure is a decentralized NFT ecosystem on Arbitrum designed exclusively for metaverse projects.
A native cryptocurrency is a must for every blockchain-based platform, and Treasure has the MAGIC token. This cryptocurrency is intended for usage throughout all Treasure platform games. According to the whitepaper
Since Arbitrum is a Layer 2 Ethereum scaling solution, it is important to note that Treasure and, consequently, MAGIC are ultimately reliant on the Ethereum (ETH) blockchain. As opposed to being a coin, Magic is a token in this case. Although you may find references to things like a MAGIC coin price prediction, these are false.
Another point worth emphasizing is that a decentralized autonomous organization manages Treasure and MAGIC (DAO). A 36-person team appears to be in charge of the DAO, and they all appear to use aliases. Since Satoshi Nakamoto, who is almost probably a pseudonym, invented Bitcoin (BTC), this is not unusual in the realm of cryptocurrencies. Still, it can deter prospective investors who seek a trustworthy party to hold accountable.
MAGIC Past Price Analysis
The most recent information indicates that MAGIC is now trading at $0.70 and is ranked #160 in the cryptocurrency ecosystem. With a market worth of $143,916,077, MAGIC has a 206,639,628 circulating supply.
The price of MAGIC has increased significantly over the past 24 hours by 3.54% thanks to an increase in its trading volume and market value.
Over the previous week, the MAGIC showed a strong rising trend and gained 30.53%. Recently, MAGIC has demonstrated a lot of promise, so now would be a good time to get in and make an investment.
MAGIC Price Predictions | MAGIC Price Forecast
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $1.09 | $1.13 | $1.28 |
| 2024 | $1.62 | $1.68 | $1.93 |
| 2025 | $2.37 | $2.44 | $2.82 |
| 2026 | $3.34 | $3.44 | $4.11 |
| 2027 | $5.02 | $5.19 | $5.83 |
| 2028 | $7.43 | $7.69 | $8.62 |
| 2029 | $10.57 | $10.96 | $12.74 |
| 2030 | $15.22 | $15.76 | $18.60 |
| 2031 | $22.12 | $22.91 | $26.42 |
| 2032 | $34.47 | $35.62 | $38.54 |
| 2040 | $41.25 | $44.58 | $48.25 |
| 2050 | $51.25 | $53.85 | $62.78 |
MAGIC Price Prediction 2023
Since there is still hope that the currency will get a lot more interest, the long-term price estimate for MAGIC will certainly skyrocket. With an average price of $1.13 and a minimum price of $1.09, 2023 may end. The expected trading range for the highest price is $1.28.
The predicted range of the MAGIC price for December 2023 is $1.03 low to $1.24 high, with $1.06 serving as the average trading price.
MAGIC Price Prediction 2024
In 2024, the MAGIC price is anticipated to fall as low as $1.62. Our research indicates that the MAGIC price might rise as high as $1.93, with an average prediction price of $1.68.
In December 2024, it is expected that the cost of MAGIC will be at least $1.62. The MAGIC price might fluctuate between $1.68 and $1.93, with a maximum value possible in 2024.
MAGIC Price Forecast for 2025
Our in-depth technical analysis of MAGIC’s historical price data predicts that in 2025, the price will be at or near a minimum of $2.37. With an average selling value of $2.44 in USD, the MAGIC price value may go as high as $2.82.
MAGIC will achieve a minimum price value of $2.37 by December 2025. The MAGIC price might go as high as $2.82, with an average cost of $2.44.
MAGIC Price Prediction 2026
Our in-depth technical analysis of MAGIC’s historical price data indicates that in 2026, the price will at least hit $3.34. With an average trade price of $3.44, the MAGIC price may go as high as $4.11.
The price of MAGIC is anticipated to range from $3.34 to $4.11 in December 2026, while the monthly average for MAGIC remains at $3.44.
MAGIC Price Prediction 2027
In 2027, the MAGIC price is anticipated to fall as low as $5.02. Our research indicates that the MAGIC price might rise as high as $5.83, with an average prediction price of $5.19.
The price of MAGIC is anticipated to range from $5.02 to $5.83 in December 2027, while the monthly average for MAGIC remains at $5.19.
MAGIC Price Prediction 2028
In 2028, the price of MAGIC is anticipated to be at least $7.43. With an average trading price of $7.69 during 2028, the MAGIC price may go as high as $8.62.
The highest possible price for MAGIC might be $8.62 in December 2028. Additionally, Magic’s minimum price in December 2028 is $7.43, and its average price is $7.69.
MAGIC Price Prediction 2029
In 2029, the price of MAGIC is anticipated to be at least $10.57. With an average trading price of $10.96 during 2029, the MAGIC price might go as high as $12.74.
The highest possible price for MAGIC might be $12.74 in December 2029. Additionally, Magic will cost a minimum of $10.57 and a maximum of $10.57 in December 2029.
MAGIC Price Forecast 2030
In 2030, it is anticipated that the cost of 1 MAGIC would be at least $15.22. With an average price of $15.76 in 2030, the MAGIC price can go as high as $18.60.
The price of MAGIC (MAGIC) in December 2030 is expected to range between a low of $15.22 and a maximum of about $18.60. In December 2030, the expected average price for MAGIC will be $15.76.
MAGIC Price Prediction 2031
The projection and technical analysis predict that the price of MAGIC will at least reach $22.12 in 2031. The MAGIC price has an average value of $22.91 and a maximum price of $26.42.
MAGIC will achieve a minimum price value of $22.12 by December 2031. The maximum price for MAGIC is $26.42, while the average price is roughly $22.91.
MAGIC Price Prediction 2032
In 2032, the price of MAGIC is expected to drop to a minimum of $34.47. In 2032, the average price of MAGIC will be $35.62, with a maximum price of $38.54.
The forecast for December 2032 indicates that the price of MAGIC will average out at $35.62, with a possible range of $38.54 to $34.47.
MAGIC Price Prediction 2040
In 2040, the price of MAGIC is expected to drop to a minimum of $41.25. In 2032, the average price of MAGIC will be $44.58, with a maximum price of $48.25.
The forecast for December 2040 indicates that the price of MAGIC will average out at $38.62, with a possible range of $38.54 to $34.47.
MAGIC Price Prediction 2050
In 2050, MAGIC’s price is anticipated to be at least $51.25. In 2032, the average price of MAGIC will be $53.85, with a maximum price of $62.78.
The forecast for December 2050 indicates that the MAGIC price will average $48.62, with a possible range of $47.54 to $54.47.
Magic Price Prediction Indicators
The moving average is one of the most often used methods for predicting Magic prices. The average closing price for MAGIC for a chosen time frame, divided into a number of periods of equal duration, is provided by a moving average, as the name implies. For instance, a 12-day simple moving average for MAGIC is calculated by adding up the closing prices over the previous 12 days, then dividing that total by 12.
The exponential moving average is a different form of moving average that traders employ in addition to the simple moving average (SMA) (EMA). The EMA responds to current price movements more swiftly because it gives greater weight to recent prices.
Any movement of the MAGIC price above one of these averages is typically interpreted as being positive for Magic. On the other hand, a decline below a significant moving average typically indicates weakness in the MAGIC market.
Additionally, traders prefer to utilize the RSI and Fibonacci retracement level indicators to predict where the MAGIC price will go.
How to Buy MAGIC coin on Binance?
If you are a Binance user then this piece of information will surely help you in knowing how to buy MAGIC token on Binance. Just follow the steps accordingly to buy MAGIC token on Binance:
Step 1: Open your Binance app on your smartphone.
Step 2: Click on the search bar and type ‘MAGIC’.
Next click on your preferred trading pair.
Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4: Click on the ‘BUY’ and then select the amount of tokens you want to buy.
Step 5: Finally click on ‘Buy MAGIC’ button to complete the buying process of MAGIC tokens.
How to Sell MAGIC coin on Binance?
If you are wondering how to sell MAGIC tokens on Binance Just follow these steps and you be able to sell you MAGIC tokens easily:
Step 1: Open Binance app on your smartphone.
Step 2: Click on the search bar and type ‘MAGIC’.
Next click on your preferred trading pair.
Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4: Click on the ‘Sell’ and then select the amount of tokens you want to sell.
Step 5: Finally click on ‘Sell MAGIC’ button to complete the selling process of MAGIC tokens.
Related Topics : ARK Price Predictions
FAQs
Some of the most important questions asked on MAGIC tokens are as follows:
What is the future of MAGIC?
The general health of the cryptocurrency market will have a significant impact on the future of MAGIC. Make sure you are employing the appropriate technique while investing in MAGIC. It is the kind of investing which is not appropriate for individual tactics involved into MAGIC investment. It is still a great investment for individuals with a high-risk tolerance and sounds financial standing. MAGIC exposes worldwide technology and an ever-expanding environment in addition to its speculative character.
Is MAGIC a good investment?
Given that scarcity frequently leads to price increases, the value of MAGIC is anticipated to climb further. Please be aware that every investment carries some risk. Before making any decisions, just invest in what you can do and do the most research you can.
How do I use magic tokens?
The specific use of magic tokens may vary depending on the game or virtual world in which they are used. They can be used to purchase in-game items, access special features, or gain other types of benefits. In some cases, they may also be used to trade with other players.
Are there any risks associated with using magic tokens?
As with any type of digital asset, there is a risk of fraud or theft associated with using magic tokens. It’s important to only acquire them from reputable sources and to keep them secure. Additionally, the value of magic tokens can fluctuate, so there is also a risk of financial loss.
What affects the price of Magic?
The price movement of Magic is determined by supply and demand, just like any other item. The general instances appearing with the hard forks, block reward halving, and the new protocol changes would have an immense impact on these dynamics. Laws may also impact the price of MAGIC, acceptance by businesses and governments, hacking of cryptocurrency exchanges, and other actual occurrences. Magic’s market value can fluctuate considerably in a short amount of time.
Many traders attempt to track the activities of MAGIC “whales,” organizations, and people with significant power over MAGIC while attempting to produce a Magic forecast. Due to the Magic market’s modest size compared to regular markets, “whales” can alone significantly impact Magic’s price changes.
When predicting the price of a cryptocurrency, some traders look for candlestick patterns to get an advantage over their rivals. Some candlestick forms are more likely to predict bullish price activity than negative price action.
Conclusion
I hope by reading this piece of information you got the idea of MAGIC token as well as the the price prediction of MAGIC tokens in the upcoming future.
If you have any doubts related to MAGIC price predictions then please let us know by commenting in the comment section below.
