Treasure (MAGIC) Surges Over 80% Ahead of Abstract Chain Integration

In a recent development, Treasure (MAGIC), the native token of the Treasure DAO ecosystem, has garnered significant attention within the cryptocurrency community, particularly from those invested in blockchain gaming and NFT ecosystems.

Notably, data from CoinGecko highlights that MAGIC rallied 81.6% to $0.215 in the past 24 hours, a high last recorded in April. This dramatic surge builds on the anticipation of Treasure DAO integrating with Abstract Chain, with just days remaining until the anticipated launch.

Meanwhile, at the time of writing, the token has relinquished approximately 4% of its gains from the previous day.

A Spark of Excitement in Blockchain Gaming

Interestingly, the blockchain gaming world buzzes with anticipation as Treasure DAO actively prepares to integrate with Abstract Chain, a development that “Andy the Jet” unveiled on July 4, with evidence of its native token, MAGIC, fueling the excitement.

Jet’s announcement on X highlights a significant step forward for Treasure DAO, a project already recognized for its decentralized NFT ecosystem originally built on Arbitrum. With just days remaining until the anticipated launch, set for July 14, this integration promises to enhance interoperability across chains.

The trend could reshape how gamers and developers interact in the Web3 space. Meanwhile, the involvement of Abstract Chain, a layer-2 solution leveraging ZK-Rollup technology, adds a layer of technical intrigue to the upcoming integration with Treasure DAO.

The timing aligns with Abstract Chain’s ABS Token Generation Event (TGE) planned for Q1 2025, as reported by Bitget on February 10, 2025. This forthcoming generation event will enhance governance, liquidity, and multi-chain interoperability, leveraging strategic partnerships with zkSync, EigenLayer, and Arc.

Meanwhile, these collaborations position Abstract Chain to facilitate seamless asset transfers across ecosystems, leveraging its advanced infrastructure.

Redefining Decentralized Gaming

A key enabler of this integration is the Espresso Systems coordination layer, introduced in November 2024. This layer will enable users to seamlessly transfer Treasure DAO’s native token, MAGIC, between platforms, ensuring faster bridging and transaction confirmations.

By addressing Layer 2 fragmentation, Espresso’s technology sets the stage for a more unified gaming experience. Players can enjoy atomic transactions and cross-chain interactions with ease.

Meanwhile, as the integration approaches, this technical synergy promises to redefine decentralized gaming, blending innovation with community-driven growth.

What is Treasure (MAGIC)?

Treasure (MAGIC) is the native token powering Treasure DAO, a pioneering decentralized autonomous organization focused on revolutionizing AI-powered entertainment and gaming. As of today, the token has garnered traction following Treasure DAO’s upcoming integration with Abstract Chain.

This underscores MAGIC’s role as a cornerstone of a rapidly expanding ecosystem that blends blockchain innovation with immersive gaming experiences. Notably, MAGIC is an ERC-20 token with a maximum supply of 347,714,007 coins.

Notably, the token serves as a deflationary asset that fuels various components of the Treasury ecosystem. The token powers AI-driven products, including the AI Agent Marketplace, where users can create and trade NFT-based agents developed by Neurochimp.

MAGIC serves as the native currency for popular games like Smolworld and Bridgeworld Canopy, enabling in-game transactions and player interactions. Beyond its utility, the token underpins governance within Treasure’s DAO, allowing holders to vote on ecosystem-related decisions.

The token’s prominence is further amplified by its listing on major exchanges like Binance, Coinbase, and Uniswap, according to CoinGecko. This accessibility has fueled its adoption, especially with the anticipated cross-chain capabilities enabled by the Espresso Systems coordination layer.

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