Magic Token Kicks Off 2023 With An Increase Of 185% After Three Weeks
Key Points:
- MAGIC gained 185%, rising from a low of $0.48 on January 9th to a high of $1.4 on January 23, 2023.
- Treasure has officially established a new Game Builders Program (GBP) to incentivise the development of aligned, high-potential games in the Treasure ecosystem.
A gaming-focused cryptocurrency built on Ethereum (ETH) is outperforming the majority of the crypto markets in the previous month, and its native token MAGIC explodes by 185% in two weeks.
Treasure, which was first constructed on the Ethereum mainnet, eventually switched to Arbitrum, an optimistic rollup scaling solution that resolves transactions off-chain for cheaper costs. Arbitrum does not yet have a token.
Treasure’s native coin and natural resource is MAGIC. Treasure intends to build a decentralized video gaming ecosystem.
Treasure has officially established a new Game Builders Program (GBP) to incentivise the development of aligned, high-potential games in the Treasure ecosystem. According to a Treasure post, Arbitrum supports the initiative.
According to the release, joining the GBP provides builders hands-on help from Treasure.
Building with Treasure launches games into a powerful flywheel of deeply connected communities and builders, strengthened through interoperability.
To begin the new year, MAGIC gained 185%, rising from a low of $0.48 on January 9th to a high of $1.4 yesterday. Since then, the Arbitrum-based cryptocurrency has retraced and is now trading at $1.26 with a market valuation of $242 million.
Arbitrum isn’t the only Ethereum layer-2 that is thriving. Optimism (OP), another prominent Ethereum scaling solution, reached an all-time high of $2.50 on Saturday, representing a gain of almost 175% since the beginning of 2023.
Polygon (MATIC), the most valuable Ethereum scaling solution by market cap, is presently trading at $0.99, up over 31% year to date.
Previously, Coincu reported that Rarible, a non-fungible token (NFT) marketplace has been expanding its white-label marketplace construction tool for Polygon-based collections.
Its infrastructure is available, and creators who mint NFTs on Polygon may freely build their own collection-specific shop. Creators can also incorporate tokens offered on other secondary marketplaces by using the platform’s native aggregation function.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news:Â https://linktr.ee/coincu
Thana
Coincu News
Author
News
Magic Token Kicks Off 2023 With An Increase Of 185% After Three Weeks
Key Points:
- MAGIC gained 185%, rising from a low of $0.48 on January 9th to a high of $1.4 on January 23, 2023.
- Treasure has officially established a new Game Builders Program (GBP) to incentivise the development of aligned, high-potential games in the Treasure ecosystem.
A gaming-focused cryptocurrency built on Ethereum (ETH) is outperforming the majority of the crypto markets in the previous month, and its native token MAGIC explodes by 185% in two weeks.
Treasure, which was first constructed on the Ethereum mainnet, eventually switched to Arbitrum, an optimistic rollup scaling solution that resolves transactions off-chain for cheaper costs. Arbitrum does not yet have a token.
Treasure’s native coin and natural resource is MAGIC. Treasure intends to build a decentralized video gaming ecosystem.
Treasure has officially established a new Game Builders Program (GBP) to incentivise the development of aligned, high-potential games in the Treasure ecosystem. According to a Treasure post, Arbitrum supports the initiative.
According to the release, joining the GBP provides builders hands-on help from Treasure.
Building with Treasure launches games into a powerful flywheel of deeply connected communities and builders, strengthened through interoperability.
To begin the new year, MAGIC gained 185%, rising from a low of $0.48 on January 9th to a high of $1.4 yesterday. Since then, the Arbitrum-based cryptocurrency has retraced and is now trading at $1.26 with a market valuation of $242 million.
Arbitrum isn’t the only Ethereum layer-2 that is thriving. Optimism (OP), another prominent Ethereum scaling solution, reached an all-time high of $2.50 on Saturday, representing a gain of almost 175% since the beginning of 2023.
Polygon (MATIC), the most valuable Ethereum scaling solution by market cap, is presently trading at $0.99, up over 31% year to date.
Previously, Coincu reported that Rarible, a non-fungible token (NFT) marketplace has been expanding its white-label marketplace construction tool for Polygon-based collections.
Its infrastructure is available, and creators who mint NFTs on Polygon may freely build their own collection-specific shop. Creators can also incorporate tokens offered on other secondary marketplaces by using the platform’s native aggregation function.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news:Â https://linktr.ee/coincu
Thana
Coincu News
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