How Active Is The MAGIC Token Community With Over 112% Growth In 30 Days?

MAGIC token's social media following surges with over 112% growth in 30 days

The recent surge in MAGIC token's social media following has been nothing short of phenomenal, with data showing an impressive growth of 112.08% over the past 30 days. This significant increase in social media buzz correlates directly with the token's price performance, which has displayed remarkable strength in the market. The trading volume has also experienced a substantial increase, reaching approximately $597 million in a 24-hour period, representing a 201.88% surge in daily trading activity.

The performance metrics across different timeframes demonstrate MAGIC's growing momentum:

| Time Period | MAGIC Price Growth | |-------------|-------------------| | 24 Hours | 24.27% | | 7 Days | 61.88% | | 30 Days | 112.08% | | 60 Days | 104.47% | | 90 Days | 58.73% |

Treasure's MAGIC token has transformed from a relatively obscure crypto asset into one of the most discussed tokens on various social platforms. This heightened attention from the crypto community has contributed to its current market capitalization of $78.5 million. The dramatic rise in social media engagement suggests growing investor confidence in the project's fundamentals and future potential within the gaming metaverse ecosystem where MAGIC serves as a utility token connecting various gaming communities within the Treasure Metaverse.

Community engagement intensifies through frequent interactions and developer contributions

The MAGIC ecosystem thrives on its robust community engagement, which has intensified significantly through deliberate interaction strategies and developer contributions. Community members actively participate in discussions across Discord and Twitter, with the Treasure DAO Discord channel serving as a central hub where developers and users collaborate daily on project improvements. This regular engagement has translated into tangible project success, as evidenced by recent market performance.

The relationship between community engagement and token performance becomes apparent when examining recent metrics:

| Metric | Last 24 Hours | Last 30 Days | Impact | |--------|---------------|--------------|--------| | Price Change | +24.27% | +112.08% | Direct correlation with increased community activity | | Trading Volume | $597.5M | Sustained increase | Reflects heightened community interest | | Developer Contributions | Daily commits | 30+ project improvements | Strengthens community confidence |

Proactive community relations have proven essential for MAGIC's sustainability. The project documentation, regularly updated on GitHub, allows community members to contribute directly to the ecosystem's development. This inclusive approach has attracted over 300,000 active token holders participating in governance decisions. The platform's commitment to two-way communication—where developers actively implement community feedback—has created a self-reinforcing cycle of engagement that extends beyond simple transactions to meaningful ecosystem participation.

Expanding DApp ecosystem reflects growing adoption of MAGIC token

The decentralized application ecosystem continues to witness significant growth, as evidenced by the increased adoption of MAGIC token across various platforms. This expansion demonstrates the maturing Web3 landscape, with MAGIC establishing itself as a critical utility token. The recent surge in MAGIC's value, recording a remarkable 442.12% increase within 24 hours following strategic partnerships with blockchain infrastructure firms, highlights its growing importance in the DApp space.

Similar to this trajectory, the Magic Eden platform launched its native ME token with an impressive $700 million airdrop to strengthen its ecosystem adoption. The ME token's integration across multiple blockchains illustrates how utility tokens are becoming essential infrastructure for decentralized platforms.

| Token Comparison | MAGIC | ME Token | |-----------------|-------|----------| | Recent Growth | 442.12% (24h) | $700M airdrop | | Blockchain Support | Ethereum, Arbitrum | Solana, Ethereum, Polygon, Bitcoin | | Key Utility | Gaming, NFTs, Metaverse | Cross-chain NFT trading | | Market Activity | $597.8M traded (24h) | Enhanced ecosystem rewards |

The growth in MAGIC token adoption reflects broader trends in the DApp ecosystem, where tokens increasingly serve not merely as speculative assets but as functional components driving platform development. As more third-party DApps integrate with these protocols, both MAGIC and similar ecosystem tokens will likely continue strengthening their position in the expanding Web3 infrastructure landscape.

MAGIC-2.37%
TOKEN1.21%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)