$MAGIC is trading at $0.1619, with a 24-hour volume of $189 million and a market cap of $49.7 million—up 40.7% in the last day. This blow-off rally was ignited by the surprise launch of Treasure’s “Meta-Quest” cross-chain game demo—unlocking MAGIC utility on Arbitrum and Avalanche and immediately driving a 75% spike in on-chain asset mints—was turbo-charged by yesterday’s Gateio listing, which opened fresh USDT trading pairs and sent volumes soaring 2 300%, and was cemented by a decisive technical reclaim of the $0.14 pivot on heavy volume that lured momentum traders back in even as whales scooped up large MAGIC stakes, tightening effective supply.