MAGIC Token Soars 36.82% on Binance as Trading Volume Surges 598%, Market Eyes Further Gains

MAGICUSDT experienced a significant price increase of 36.82% over the last 24 hours, rising from a 24h open of $0.1138 to a current price of $0.1557 on Binance. This surge is primarily attributed to heightened trading activity, as evidenced by a sharp 598.85% increase in aggregated trading volume within a 10-minute period and a 24-hour trading volume of $207 million. The recent price movement coincides with a broader uptick in interest and demand for MAGIC, as reported by reputable sources, and positions it among the top daily gainers in the market. Technical indicators show a neutral sentiment with a slight tilt toward greed, and the asset is not yet in overbought territory, suggesting continued trader attention. MAGIC currently holds a market capitalization of $48 million and ranks #544 by market cap, reflecting strong market performance and volatility over the past day.