
Treasure (MAGIC) jumped 84.98% in a single day in early October 2026, its largest one-day gain on CoinMarketCap's record, and closed the next day at $0.0977. Our MAGIC price prediction puts the 2026 base case at $0.0522-$0.1230 and the 2030 base case at $0.2898-$2.122, with roughly $0.04 and $2.30 as the outer bounds.
That record day fits a pattern MAGIC has repeated five times since 2023. Each time a rally of 135% or more topped out, the high close lost 32.7% to 43.4% within 30 days. The latest leg ran 213% from the August 2026 low, and the first bar after its top closed 20.63% lower.
Treasure (MAGIC) Price Prediction at a Glance
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Item
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Value
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Early-October close
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$0.0977 (CoinMarketCap)
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Early-October spike
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+84.98% in a day, a record, then -20.63%
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50-day vs 200-day
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The 50-day is 1.12% below the 200-day
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2026 base range
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$0.0522-$0.1230
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2027 base range
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$0.0977-$0.2898
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2030 base range
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$0.2898-$2.122
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On Phemex
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MAGIC markets delisted
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What Is Treasure Crypto?
Treasure is a gaming DAO that built its early games on Arbitrum, and its MAGIC token pays for compute in the AI agent apps Treasure runs. The full supply of about 347.7 million MAGIC was minted on the original Ethereum contract, and the tokens on Arbitrum and Base are bridged copies of it.
Phemex's explainer on what Treasure (MAGIC) is as a gaming DAO token covers how the project moved from games to AI agents.
Where Is the MAGIC Price After the Early-October Spike?
MAGIC closed the spike day at $0.1230 on CoinMarketCap's daily closes, up 84.98% from $0.06651 the day before. That beat its previous best day, a 78.56% gain in November 2021, across a record of 1,788 daily closes.
The next bar hit $0.1603 intraday and closed at $0.0977. That left it 20.63% down on the day and 39.09% under its own high. The top came in the bar's first hours and the low in its last minutes. Volume came to $322.0 million, 1.28 times the spike day's $251.3 million. That was 31.5 times the $10.22 million daily average of the 30 days before the spike.
That close left MAGIC 148.75% above its August 2026 low and 14.07% below where it closed a year earlier.
Treasure's newsletter has no post after January 2026, and its Snapshot governance space has no proposal after March 2026, so neither gives a reason for the move.
What Happened After MAGIC's Last Five Rallies?
After each of its last five big rallies, MAGIC kept sliding past the first month and lost 51.3% to 77.3% of its high close within 90 days. Four of those five highs have never been closed above since.
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High close
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Lowest close in 30 days
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Lowest close in 90 days
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$2.122 (7 Feb 2023)
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-43.4%
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-60.6%
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$1.444 (10 Mar 2024)
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-33.8%
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-55.3%
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$0.7080 (8 Dec 2024)
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-42.0%
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-77.3%
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$0.2335 (21 Apr 2025)
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-32.7%
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-51.3%
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$0.2898 (9 Aug 2025)
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-33.8%
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-61.7%
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The April 2025 high is the one that came back. MAGIC closed above $0.2335 on 4 August 2025, 105 days later, and that run topped out five days after at the August 2025 high.
The latest leg climbed 213.4% in 58 days, from the August 2026 low to the spike-day close of $0.1230. If that close stands as the leg's high, the five precedents put the lowest close of the next 30 days between $0.0696 and $0.0828. Over 90 days they put it between $0.0279 and $0.0599.
Method: on CoinMarketCap's daily closes since November 2021, we marked each high close that ended a rise of 135% or more from the prior swing low, counting swings of 40% or more. For each one we took the lowest close in the next 30 and 90 days and the first later close at or above the high. It's a record of what happened, and it sets no price target.
Is MAGIC Still Being Burned?
MAGIC has a burn on paper, and its own rule pauses it whenever the DAO's liquid runway drops below 18 months. Holders passed TIP-61 on 2 March 2026 by 266,266 votes to none. Its rule sends revenue from Treasure's Flywheel apps, such as the Summon agent launcher, into MAGIC buybacks that end in a burn.
In the proposal's own words, "burns will not occur if liquid runway for the DAO is below 18 months" in USDC or assets as liquid as ETH. TIP-62 closed the same day and put the runway at "12 months in stables, not including the MAGIC treasury". On stablecoins alone, that's six months short of the burn rule's floor.
Phemex's glossary entry on what it means to burn crypto explains how a burn removes tokens for good.
New supply is small and shrinking. MAGIC's emissions follow a yearly halving every 1 September, which Treasure's tokenomics page says mimics Bitcoin's halvening but runs every year, and the next cut falls on 1 September 2027.
Bitcoin cuts its issuance once every four years, and Phemex's guide to what the Bitcoin halving is walks through that cut.
Those halvings have little left to trim. TIP-56 passed in August 2025 by 630,859 votes to 2 and said "the token is almost entirely emitted", adding that it "does not authorize the minting of additional tokens" and leaves the maximum supply unchanged. In early October 2026, CoinMarketCap counted about 337.3 million MAGIC in circulation, 2.99% short of the 347.7 million total in Treasure's docs.
MAGIC Technical Analysis
Every reading below comes from CoinMarketCap's daily closes at the early-October close, with Wilder's 14-day RSI and the standard 12-26-9 MACD.
The 50-Day and 200-Day Averages
The 50-day average of $0.0516 ended the early-October bar 1.12% below the 200-day average of $0.0522, so the death cross of 27 October 2025 still stood at that close. The close itself ran 87.04% above the 200-day, and apart from the spike day no close had stretched that far above the line since March 2023.
Support and Resistance
Support starts at the 200-day average of $0.0522, with the 50-day a hair below it at $0.0516. Under that band waits $0.0393, the August 2026 low and the lowest close in CoinMarketCap's record, which begins in November 2021.
Resistance starts at the spike-day close of $0.1230, the highest close of 2026. Above it come the October 2025 high of $0.1533, the best close in the 365 days to early October, and the August 2025 high of $0.2898.
RSI
The 14-day RSI closed the spike day at 88.16, far above the 70 line traders read as overbought. One bar later it stood at 67.52 as the price fell back, and Phemex's guide on how to trade with the RSI indicator explains the 70 and 30 lines.
MACD
MACD stood at 0.01133 against a signal line of 0.006303 at the early-October close, and the bullish crossover behind that gap came on 19 September 2026. Phemex's guide on how to use the MACD indicator to trade crypto shows how traders read a crossover like that one.
Treasure Price Prediction 2026
Every 2026 bound in this MAGIC crypto price prediction is a close MAGIC has printed or its 200-day average.
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Scenario
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Range
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What has to happen
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Bear
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$0.0393-$0.0522
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Closes slip back under the 200-day
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Base
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$0.0522-$0.1230
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The 200-day holds through December
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Bull
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$0.1230-$0.1533
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A close above the spike-day high
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The bear case runs from the August 2026 low to the 200-day average, and the base case from the 200-day to the spike-day close. The bull case needs a close above $0.1230 and tops out at the October 2025 high of $0.1533.
Our lean for 2026 is the bottom of the base case, with the bear case close behind it. Applied to the spike-day close, three of the five 90-day drops in the precedent table would end under the 200-day at $0.0522. The deepest, December 2024's 77.3% slide, would take MAGIC below the August 2026 low and outside every range on this page.
MAGIC Price Prediction 2027
For 2027 the base case runs from the early-October close of $0.0977 to the August 2025 high of $0.2898, so it asks MAGIC to keep its early-October level and then retake the top of its 2025 cycle. The bear case runs from $0.0393 to $0.0977, and the bull case from $0.2898 to the February 2023 high of $2.122.
MAGIC Price Prediction 2028
The 2028 base case runs from the 200-day average of $0.0522 to the August 2025 high of $0.2898, so it holds both a retest of the average and a return to the 2025 top. The bear case covers $0.0393 to $0.0522. The bull case runs from $2.122 to $2.300, the February 2023 high close and that rally's intraday peak on 16 February 2023.
MAGIC Price Prediction 2030
Our MAGIC price prediction for 2030 puts the base case at $0.2898-$2.122, from the August 2025 high to the February 2023 high. For 2029 the base case is narrower at $0.2898-$1.444, topping out at the March 2024 high. Both years share a bear case of $0.0393-$0.0977 and a bull case of $2.122-$2.300.
No range in this Treasure MAGIC price prediction goes above $2.300. MAGIC's record close of $6.005 from February 2022 is 61.5 times the early-October close, and every cycle peak since has closed below the one before it, from $6.005 to $2.122 to $0.2898.
So the ceiling comes from the February 2023 rally, which climbed 811% from the November 2022 low and dwarfs the 324% run from the April 2025 low into the August 2025 high.
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Year
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Base case
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Full range
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2026
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$0.0522-$0.1230
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$0.0393-$0.1533
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2027
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$0.0977-$0.2898
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$0.0393-$2.122
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2028
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$0.0522-$0.2898
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$0.0393-$2.300
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2029
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$0.2898-$1.444
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$0.0393-$2.300
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2030
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$0.2898-$2.122
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$0.0393-$2.300
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What About 2035 and 2040?
These are growth rates, never forecasts. Each figure is the yearly rise the early-October close of $0.0977 would need to reach a level by 31 December 2035 or by 31 December 2040.
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Target
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Times the close
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Yearly rise to 2035 / 2040
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August 2025 high, $0.2898
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2.97
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12.52% / 7.95%
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A round $1
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10.24
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28.69% / 17.77%
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February 2023 high, $2.122
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21.73
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39.62% / 24.16%
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Record close, $6.005
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61.49
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56.29% / 33.58%
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A dollar MAGIC needs close to 29% a year, compounded for more than nine years, and MAGIC has never closed two calendar years in a row higher on CoinMarketCap's record.
What Could Drive MAGIC Higher or Lower?
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A DAO runway above 18 months clears TIP-61's condition, and Flywheel app fees would then flow into MAGIC buybacks that end in a burn.
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The 1 September 2027 halving cuts emissions again, though with the supply close to fully emitted the cut changes little on its own.
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TIP-56 also released 26.92 million MAGIC from the ecosystem fund, about 8% of circulating supply at the time, for core contributors to sell "at market-neutral rates" to fund the DAO. Those sales show up only in Treasure's quarterly financials, so a holder can't see from outside how much is left to sell.
What Are the Risks of Investing in MAGIC?
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TIP-62 describes MAGIC's founder as "still the largest holder of the token". A large holder's decisions carry outsized weight in a token whose volume averaged about $10 million a day before the spike.
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Treasure has retired several of its older products. TIP-59 retired the Magicswap and Treasure Marketplace front ends in October 2025, after Magicswap's liquidity had "fallen to near zero", so MAGIC leans on newer apps such as Summon.
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MAGIC lives on three chains, and another token called MagicLand trades under the same ticker on some price sites. A buyer can end up with the wrong token or with a copy on a chain their wallet doesn't support.
Is MAGIC Crypto a Good Investment?
On its record to early October 2026, MAGIC trades as a momentum token more than an investment. The weak point is the treasury, because the burn that would buy MAGIC back waits on runway and the DAO funds itself in part by selling MAGIC.
MAGIC finished 2022 down 78.12%, 2024 down 60.90% and 2025 down 77.79%. Its one up year was 2023, a 120.5% gain, and even after the record day it stood only 3.89% above its last close of 2025 at the early-October close.
We'd want closes that hold the 200-day at $0.0522 through the end of 2026 before treating MAGIC as more than a trade.
How to Trade Treasure
Phemex delisted its MAGIC markets, the MAGIC/USDT perpetual it listed in December 2022 and the spot pair it added in January 2023, so MAGIC has no live perpetual here.
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Confirm the token is Treasure's MAGIC before you open any chart, because MagicLand trades under the same ticker on some price sites.
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Check which network a MAGIC market settles on, since the token runs on Ethereum with bridged copies on Arbitrum and Base.
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Set your levels from the 2026 scenario table, with the 200-day average at $0.0522 as the line between the bear and base cases.
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Use the futures button below to open Phemex's crypto futures markets, which start on Bitcoin, and note that none of them tracks MAGIC.
Futures use leverage, and a leveraged position is closed automatically if losses reach its margin.
Frequently Asked Questions
What is the MAGIC price prediction for 2026?
Our 2026 base case for MAGIC is $0.0522 to $0.1230, from the 200-day average to the early-October spike-day close. The bear case covers $0.0393 to $0.0522, and the bull case runs from $0.1230 to the October 2025 high of $0.1533.
What is the Treasure coin price prediction for 2027?
For 2027 our base case runs from the early-October 2026 close of $0.0977 to the August 2025 high of $0.2898. The bear case covers $0.0393 to $0.0977, and the bull case reaches the February 2023 high of $2.122.
What is the MAGIC coin price prediction for 2030?
Our 2030 base case is $0.2898 to $2.122, from the August 2025 high to the February 2023 high. The bear case covers $0.0393 to $0.0977, and the bull case $2.122 to $2.300, the February 2023 rally's intraday peak.
Is MAGIC coin a good investment?
MAGIC has behaved as a momentum token more than a long-term holding. It closed early October 2026 98.37% below its February 2022 record close, and it finished three of its four full calendar years lower than it started them.
Bottom Line
The spike moved MAGIC's price and left its supply story where it was, with emissions nearly finished and the March 2026 burn rule waiting on a longer runway. So the chart has to carry the case, and on the chart the 200-day average near $0.0522 is the level that matters until the end of 2026.
Holding it keeps the base case alive. Losing it opens the path MAGIC's December 2024 rally took, a 77.3% fall within 90 days of the high.
Disclaimer: This article is for informational purposes only and is not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before making investment decisions.






