MAGIC Token Skyrockets 80% After Binance Announcement

Story: Divya Sinha

In the latest post Binance announced to list Magic (MAGIC) in the Innovation Zone.

Also, Binance will add MAGIC as a new borrowable asset with new margin pairs on an Isolated Margin.

MAGIC deposits have already opened and users can start moving funds to Binance.

MAGIC Token price has skyrockets by 78.11% in the last 24 hours. At the press time, MAGIC price is $0.858098 USD.

According to on-chain data shared by Nansen Intern, MAGIC’s price has doubled as there have been a lot of  6-figure purchases.

Data suggests a whale bought ~$800,000 worth of MAGIC Tokens.

MAGIC is a token for the Treasure gaming infrastructure project on Arbitrum.