Magic
Market Open
15 Jun, 00:29
$
0. 047700
+0.0002
+0.4211%
$
7,826 Volume
$ 0.0475
Previous Close Want to track MAGICUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
MAGICUSD Overview
MAGICUSD represents the price of Magic (MAGIC) quoted in United States dollars (USD). The pair shows how many dollars are required to acquire one unit of MAGIC and is used to express the token’s market value on spot trading venues.
Magic (MAGIC) is a blockchain-based cryptocurrency token introduced in recent years by a development team and subsequently supported by a community governance structure. It functions as a utility and governance token within its native ecosystem, relying on smart contracts and decentralized protocols. Core attributes typically include transparency of transactions, on-chain programmability and integration with platform services, though tokenomics can vary across implementations.
The MAGICUSD rate is formed by supply-and-demand interactions on exchanges where MAGIC is listed. Order book liquidity, trading volume and investor sentiment determine near-term price moves, while broader influences such as macroeconomic trends, regulatory news, market-wide crypto flows and protocol-specific events (upgrades, burns, or partnerships) drive longer-term shifts.
MAGICUSD is important as a reference for valuation, portfolio allocation and trading strategies. Market participants use the pair for spot trading, hedging exposure to the underlying ecosystem and participating in governance or utility functions tied to the token.
As with many digital-asset pairs, MAGICUSD can be volatile and liquidity may differ by venue; traders should consider spreads and market depth when executing larger orders.
Magic (MAGIC) is a blockchain-based cryptocurrency token introduced in recent years by a development team and subsequently supported by a community governance structure. It functions as a utility and governance token within its native ecosystem, relying on smart contracts and decentralized protocols. Core attributes typically include transparency of transactions, on-chain programmability and integration with platform services, though tokenomics can vary across implementations.
The MAGICUSD rate is formed by supply-and-demand interactions on exchanges where MAGIC is listed. Order book liquidity, trading volume and investor sentiment determine near-term price moves, while broader influences such as macroeconomic trends, regulatory news, market-wide crypto flows and protocol-specific events (upgrades, burns, or partnerships) drive longer-term shifts.
MAGICUSD is important as a reference for valuation, portfolio allocation and trading strategies. Market participants use the pair for spot trading, hedging exposure to the underlying ecosystem and participating in governance or utility functions tied to the token.
As with many digital-asset pairs, MAGICUSD can be volatile and liquidity may differ by venue; traders should consider spreads and market depth when executing larger orders.
MAGICUSD Chart
MAGICUSD FAQ
What is the current Magic price?
The current price is $0.047700, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.0002 (+0.4211%), showing how much the asset has moved compared to the previous close.
What is the previous close for Magic?
The previous close was $0.047500, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.4211%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.047700) and highest ($0.047800) prices traded during the selected period, helping assess volatility.
Why is Magic (MAGIC) moving today?
Price movements in Magic are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.047700) is above the previous close ($0.047500), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Magic?
You can view real-time charts, price updates, and market data for Magic (MAGIC) directly on this page.
