Ethereum (ethereum) base altcoin mission has quietly outperformed the market in a parabolic rise following approval from high US cryptocurrency change Coinbase.
MAGIC is the token that powers Treasure DAO, a mission aiming to be a decentralized online game console that includes video games and non-fungible tokens (NFTs). The Treasure DAO infrastructure contains: Trovean NFT market on Ethereum scaling resolution Arbitrum, and a aggressive gaming platform referred to as bridge world.
MAGIC has a market cap of simply over $100 million and has seen a major enhance in the previous few days.
After hitting an area low of $0.23 on November twenty second, MAGIC consolidated for a couple of week earlier than Coinbase introduced it might put the altcoin on its itemizing roadmap.
MAGIC rapidly climbed to $0.62, up 169% from its November low and up 138% after Coinbase’s announcement.
On the time of writing, MAGIC is buying and selling at $0.53.
Coinbase has not but formally listed MAGIC, and belongings positioned on the change’s itemizing roadmap is not going to essentially obtain full help.
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