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Home Bitcoin

MAGIC Worth Prediction – Is It A Good Purchase?

by cryptostandard
in Bitcoin
Reading Time: 6 mins read
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MAGIC is at present recording positive factors within the cryptocurrency market. The value is up by 3.90% within the final 24 hours. Additionally, the buying and selling quantity is up by 12.88% at the moment at $7,366,471.57.

This worth enhance comes with its potential itemizing on the Coinbase platform. MAGIC is at present ranked quantity 227 within the cryptocurrency market.

MAGIC serves because the native token for the Treasure DAO community. This community focuses on gaming and NFTs. MAGIC positive factors will be attributed to the adoption by customers of gaming options.

Right here is all it’s essential know concerning the token and its worth motion.

What Is MAGIC Token And How Does It Work?

MAGIC is the native token that powers the Treasure Metaverse; the treasure is a decentralized NFT hub that helps metaverse initiatives.

The MAGIC token is the foreign money of all actions on the Treasure ecosystem. It’s the solely foreign money accepted for commerce. It additionally doubles as a reserve foreign money for the metaverses linked to the Treasure community.

Gamers earn MAGIC tokens by taking part in video games, mining, and on Bridgeworld. MAGIC tokens are for staking within the Atlas Mine and becoming a member of liquidity swimming pools to earn rewards. MAGIC was created by John Patten and Gaarp and launched in September 2021.

The token reached its all-time excessive worth of $6.32 on February 19, 2022. It has a most provide of 347,714,007 MAGIC.

MAGIC Token Worth Prediction

Resistance And Assist

Magic Price Prediction - Is It A Good Buy?
MAGIC|USD Each day Chart | Supply: TradingView.com

MAGIC is at present hovering on the charts at the moment. It has damaged by way of the resistance degree of $0.5472 and can doubtless proceed to rise.

Essential help ranges of $0.3551 and $0.3027 proceed to carry. MAGIC’s utility on the Treasure community will doubtless proceed to push its worth.

The token is faring properly since it’s nonetheless comparatively new within the cryptocurrency market. Anticipate a optimistic worth pattern within the coming months.

Magic Token Worth Prediction With Technical Indicators

Magic Price Prediction - Is It A Good Buy?
MAGIC|USD Each day Chart | Supply: Buying and selling View.com

MAGIC is having fun with bullish momentum current out there. The token trades above the 50-day SMA with extra inexperienced candle formation on the chart.

Observe: MAGIC continues to be comparatively new, with restricted historic worth information.

The RSI studying is 71.67 within the overbought area. Merchants are taking lengthy positions in the meanwhile.

The MACD is exhibiting divergence and is above its sign line. This can be a purchase sign from the indicator.

With the present rally noticed within the MAGIC worth, count on the token to keep up its momentum within the coming weeks.

Its utility is its sturdy level and can maintain the worth as the overall market recovers. Anticipate the worth of MAGIC to get to $0.9 quickly.

Potential Belongings To Preserve An Eye On Throughout Crypto Winter

MAGIC is making daring strikes out there. Nevertheless, there are not any certainties with cryptocurrencies because the market is extremely risky.

Listed here are some presale tokens with a fantastic prospect you possibly can profit from as an investor.

Sprint 2 Commerce (D2T)

This platform is at present producing optimistic reactions within the crypto neighborhood. Customers can entry real-time analytics supported by synthetic intelligence.

It’s a decentralized buying and selling platform the place customers can assess their buying and selling methods utilizing backtesting to gauge earlier efficiency.

With Sprint 2 Commerce merchants can perform automated transactions backed by synthetic intelligence. Additionally, buying and selling alerts can be found for purchase and promote alerts out there.

Different options out there embody technique builders and social buying and selling platforms. It gives merchants with much-needed help for high quality trades.

With the native token – D2T, customers can entry the platform and profit from its revolutionary options. They will additionally take part in community-based occasions and competitions.

Stage 3 of the presale is sort of full and has amassed over $8.4 million. As soon as the presale is full, D2T will record on BitMart and LBank Exchanges.

Calvaria (RIA)

Calvaria is a gaming platform that provides customers free entry to play video games after signing up and incomes NFTs as rewards. It doesn’t require monetary or some other assets from avid gamers earlier than they’ll earn. It’s a welcome shift from the standard pay-to-play methodology of gaming.

Calvaria goals at increasing the attain of Web3 gaming by making the platform free to entry.

Non-crypto avid gamers can entry all in-game options on Calvaria. Competing gamers earn rewards similar to commerce playing cards or NFTs. Its Native token, RIA, is an ERC-20 token that can drive the calvaria ecosystem.

RIA additionally doubles because the platform’s governance token. Traders are absolutely dedicated to the RIA mission, with stage 1 of the presale promoting out rapidly.

The presale is at present in stage 5 and is  72% offered out. Presently, 30.77 RIA is offered for 1 USDT. Nevertheless, there shall be a worth improve by the following presale.

The Calvaria presale has raised round $2.2 million – with the overall mission funding valued at $3,075,000.

As an additional advantage, the platform additionally provides buying and selling alerts for merchants.

RobotEra (TARO)

RobotEra is a free-to-play recreation that allows customers to design their planet within the metaverse.

On the platform, every participant represents the RobotEra NFTs as a robotic. A robotic can staff with different robots to hold out initiatives like planet rebuilding.

Rebuilding planets will increase the worth of plots of land within the Metaverse. The sport is good for avid gamers who get pleasure from creating and sustaining video games.

Additionally, energetic and passive incomes alternatives can be found when customers have interaction in neighborhood actions. These actions embody mining, staking, planting of holy bushes, and concert events – amongst others.

LBank Labs gives monetary backing and help for this system to make sure its success.

The RobotEra presale kicked off on November 9 and is among the phenomenal presale occasions of 2022.

TARO is a multiverse foreign money bought straight with USD or ETH from a pockets.

Presently, 1 TARO is value 0.020 USDT. The primary presale is concluding – adopted by a $0.025 worth improve. The TARO presale to this point has realized above $348,000.

IMPT

The IMPT staff is creating an environment friendly world of carbon credit by including them to the blockchain. The carbon credit score system has beforehand been obscure – discovering purposes solely in companies was outdated.

Nevertheless, Carbon credit can’t be traded – as NFTs on the blockchain across the clock.

Lbank and Changelly Professional are two centralized exchanges that can record the IMPT token after its DEX launching.

IMPT’s presale has amassed $14.5 million and is near its finish, with lower than every week left for completion. Every stage of the presale has seen the token rise to $0.023.

Conclusion

The MAGIC token has loved a optimistic worth motion in latest days. Its utility for gaming and throughout the metaverse helps to maintain its worth.

Whereas the token seems to be promising, traders may also reap the benefits of presale tokens like D2T, RIA, TARO, and IMPT for a fast revenue as the worth adjustments. The presale has lower than every week to go, and the time to behave is now.

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