MAGIC Token Surges 49% Amid Supply Proposal, Hits $126M Volume and Tops Gainer Charts

The recent 49.16% price increase in MAGICUSDT over the past 24 hours is primarily attributed to heightened community discussions around a Treasure DAO proposal to increase the MAGIC token supply, which has led to notable market liquidations and increased trading activity. Additionally, MAGIC has been identified as one of the top gainers in the market, with momentum supported by strong trading volumes and ongoing interest following previous integrations of AI agents into the ecosystem.

Currently, MAGICUSDT is trading at 0.2670 USDT on Binance, with a 24-hour trading volume exceeding $126 million and a circulating supply of 307.72 million MAGIC. The token has experienced significant volatility, reaching a 24-hour high of 0.2809 USDT and a low of 0.1721 USDT, while its market capitalization stands at $71.54 million.