After observing the project $MAGIC , it can be summarized as a metaverse platform focused on chain games, featuring a mix of "Game + DeFi + NFT." It initially started by imitating Loot NFT and is now primarily active on the Arbitrum chain, making it an established GameFi project in this ecosystem. Its market cap is only $49 million, but the circulation rate is as high as 88%, indicating that most of the unlockable tokens have already been released. The biggest highlight of this project is its backing by the Arbitrum ecosystem, and it has recently collaborated with many new chain games. However, there are clear problems: firstly, the entire GameFi sector is currently struggling with significant player attrition; secondly, its tokenomics design is mediocre, and relying solely on in-game consumption cannot sustain the price. As you can see, the current price is even lower than the initial issue price of $0.5, indicating that early investors are selling at a loss. I believe this token may occasionally rise due to the enthusiasm of the Arbitrum ecosystem, unless it can produce a blockbuster game or completely overhaul its token model; otherwise, it will be hard to recover. The biggest fear for GameFi projects is "no one plays the game, and the token becomes worthless." The market changes rapidly, and opportunities are fleeting. If you are still groping in confusion and don't know how to seize buying and selling opportunities, you might consider following @Crypto余辉 for irregular updates on the latest market trends, in-depth strategy analysis, and potential tracks that are easily overlooked. #加密市场反弹 #币安Alpha上新 #美国加征关税 #币安钱包TGE SOL SUI WIF UNI ETH BTC JTO AAVE DOGE ADA