In response to one common question raised by crypto investors, this article will provide MAGIC (MAGIC) price predictions for the next few weeks. Answering if MAGIC token is a profitable short-term investment?
With a 24-hour trading volume of $200,640,551 USD, the current price of MAGIC is $2.03 USD. The price has increased by 0.11% over the past 24 hours. MAGIC ranks #95 with a market capitalization of $426,461,475 USD. The circulating supply is 209,125,962 coins, while its maximum supply is 347,714,007 coins.
According to different factors, the expected price level for MAGIC for February 2023 ranges from $1.94 to $2.19, but $2.13 seems more likely. Based on another different set of factors, MAGIC’s forecast price level for March 2023 can range from $2.07 to $2.29, but a $2.17 price level is more believable.
How Good is MAGIC as an Investment?
Magic has occasionally proven to be a good investment. Besides the technology, it is also a promising blockchain initiative in terms of application cases. Various real-world applications are also using the Blockchain, enhancing its usefulness.
Several experienced investors have seized the opportunity to invest in Magic (MAGIC) because of its innovations and underlying principles. Besides an enormous investment in the currency, the project has a well-experienced staff to ensure its success.
The Magic Behind MAGIC Token
There is no Treasure metaverse without MAGIC (MAGIC). It’s the decentralized NFT ecosystem for metaverse projects, governed by a DAO (Decentralized Autonomous Organization). Non-fungible tokens (NFTs) are the power behind the platform, which diverts imagination into productive and yield-generating assets.
Despite an ever-growing web of narrative links within the metaverse, the protocol will prove increasingly adequate. It aims to allow communities to create new and decentralized metaverses through the Treasure protocol.
The bootstrapping process involves using personal finances or operational revenue to launch and operate a business. Moreover, the platform aims to connect partner ecosystems and expand the Treasure metaverse.
As a native token of Treasure, MAGIC is the platform’s currency. Using the token, Treasure ecosystem activities can be managed. For marketplace trades, only the token is accepted. MAGIC serves as the reserve currency for all metaverses linked to Treasure.
Players earn MAGIC tokens through playing, mining, and participating in Bridgeworld. In the center of the metaverse, Bridgeworld is the hub of Treasure. They employ MAGIC tokens in staking and liquidity pools, allowing fewer tokens to be circulated.
What’s the Alternative to MAGIC Token?
According to YouTube analyst Jacob Crypto Bury, consider FightOut (FGHT) and Meta Masters Guild (MEMAG). Using Web3 and blockchain technology, FightOut wants to revolutionize the fitness industry. As you progress in FightOut, you’ll increase your avatar’s statistics and gain rewards for your real-life workouts.
FightOut is in the presale stage of its native token FIGHT, a move-to-earn project (M2E). Only a few hours remain in the next phase of the presale, which has raised a total of $3.95 million. Take advantage of this early bird offer.
On the other hand, Meta Masters Guild is the fastest-growing play-to-earn (P2E) guild of 2023. They set it to become the largest mobile gaming guild in Web3, delivering fun and addictive games with playable NFTs, where community members can earn rewards, stake, and trade.
The MEMAG token is in the presale stage, which has already raised more than $3.17 million. Buy the native MEMAG token during the presale stage today for 0.019 USDT. The price will increase in three days as the next stage kicks off.
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