◆ Layer 2 network · MAGICUSDT
MAGIC
MAGIC is the token of Treasure, a gaming ecosystem born on Arbitrum.
◆ Live market
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24h
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- Ticker
- MAGICUSDT
- Category
- Cryptocurrencies
- Type
- Layer 2 network
- Sector
- Layer 2
- Market-cap rank
- n°535
- Trading hours
- 24/7
What is MAGIC ?
MAGIC is the token of Treasure, a gaming ecosystem born on Arbitrum. A Layer 2 is a network built on top of a main blockchain, usually Ethereum. It batches transactions off the main chain (optimistic or zero-knowledge rollups) and posts a summary back to inherit its security.
How MAGIC works and what gives it value
A Layer 2 token mostly serves governance, sometimes staking or fees. Its value tracks network adoption, Ethereum's health and the pace of token unlocks, which are often large in this segment.
What moves the price of MAGIC
- ◆Ethereum (ETH) performance
- ◆Network activity and TVL
- ◆Team and investor token unlocks
- ◆Ethereum upgrades lowering rollup costs
- ◆Competition between rollups
Key metrics to watch
- ◆TVL and transaction volume
- ◆Market share among rollups
- ◆Unlock schedule
- ◆Sequencer decentralisation
Risks specific to MAGIC
- ◆Dilution from unlocks
- ◆Token loosely tied to network revenue
- ◆Bridge technical risk
How to analyse MAGIC on GraphTrade
Daily for the trend; watch unlock dates alongside. Open the MAGICUSDT chart, add the indicators below, compare MAGIC with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 501–1000.
◆ Indicators suited to MAGIC
◆ FAQ
What is MAGIC (MAGICUSDT)?
MAGIC is the token of Treasure, a gaming ecosystem born on Arbitrum.
Why is MAGIC going up or down today?
The main drivers are: ethereum (eth) performance, network activity and tvl, team and investor token unlocks, ethereum upgrades lowering rollup costs. The AI Compass cross-references these with today's news.
Which indicators work best on MAGIC ?
Daily for the trend; watch unlock dates alongside.
What are the risks of MAGIC ?
Dilution from unlocks ; Token loosely tied to network revenue ; Bridge technical risk.
What is the market-cap rank of MAGIC ?
MAGIC was ranked #535 by market cap when this page was generated, in the Layer 2 sector. The live rank appears at the top of the page.
How do I follow MAGIC in real time?
Open the free GraphTrade chart for MAGICUSDT: price updates live every second, with all indicators.
How do I add MAGIC to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to MAGIC
Information only, not investment advice.