MAGIC Token Soars 22.7% After Governance Proposal, AI GameFi Launch, and Major Exchange Listings

MAGICUSDT experienced a significant price increase of 22.70% over the past 24 hours, with the current price on Binance at $0.2016, up from a 24-hour open of $0.1643. This surge is primarily attributed to heightened interest following Treasure DAO’s recent governance proposal to increase the circulating supply, the launch of new AI GameFi features, expansion to the Ronin network, and new exchange listings on Niza.io and Gate.io. Additional factors include substantial trading activity by large holders and growing attention to the project’s AI gaming narrative.

The market has seen robust participation, with a 24-hour trading volume of $239,044,612 and MAGICUSDT ranking among the most actively traded pairs on Binance. The circulating supply is reported at approximately 310–337 million tokens, with a market capitalization ranging from $51.8 million to $57 million depending on the source. The asset remains volatile, drawing close attention from traders as it continues to respond to recent developments and increased market activity.