In an exciting development for the cryptocurrency market, Binance.US has officially introduced the Treasure (MAGIC) coin for listing. The platform has started accepting deposits for MAGIC via the Arbitrum network. Trading for the MAGIC/USDT pair is set to commence on November 20, 2024, at 17:00 UTC, prompting significant interest among crypto enthusiasts.
What Makes Treasure (MAGIC) Unique?
Treasure offers a decentralized gaming framework that supports the creation of Web3 games. Governed by a decentralized autonomous organization (DAO), the Treasure ecosystem features a marketplace for buying and selling in-game NFTs.
How Does MAGIC Function Within the Ecosystem?
MAGIC acts as both a governance token and an in-game utility coin. It allows community members to propose and vote on decisions impacting the ecosystem’s trajectory, while also serving as a currency across various games.
Since its launch in September 2021, Treasure has established itself as a blockchain gaming console on zKsync, one of Ethereum’s Layer-2 scaling networks. It supports a range of popular titles, including “The Beacon,” “Wanderers,” and “Zeeverse.”
The listing of MAGIC coin on Binance.US marks a pivotal moment, leading to a notable spike in its price and trading volume. Key statistics reveal:
- MAGIC’s price rose by 8.08% within 24 hours, reaching $0.4382.
- Trading volume surged over 185%, totaling approximately $68.33 million.
This significant listing is expected to bolster market interest and participation in the Treasure ecosystem, further establishing its presence in the blockchain gaming domain.