Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

Bybit Learn

GameFi

Treasure is a game console that serves the important role of linking communities and games together through MAGIC crypto. Find out more about it here.

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Decentralization provides great opportunities for blockchain networks and the platforms that they support. While decentralization is no longer new in the crypto world, its evolution continues to change the landscape. Even platforms that were established some time ago are being reinvigorated through exciting evolutionary changes. 

 is one such platform that has recently been rebranded to take its functionality and appeal to a higher level while connecting 

Treasure is a game console that serves the important role of linking communities and games together. This decentralized platform accomplishes this through Treasure NFTs and its native token, MAGIC.

While Treasure has only been live for slightly more than a year, its builders and developers have identified powerful growth opportunities that warranted its recent rebranding. It continues to be the supporting infrastructure for numerous metaverse projects. Through its rebranding, however, Treasure has strengthened its brand identity while also continuing to support the creative efforts of builders and collaborators as they work on their projects.

Treasure was initially launched in August 2021 on Ethereum as a branch of the 

. The project later migrated over to Arbitrum in October 2021. Its primary founder is John Patten, but he and a talented 

 of creatives and technology experts collectively collaborated on the project. However, little has been publicized about the team's professional experiences prior to working on this project.

Treasure has most recently gained recognition as the top NFT platform on the Arbitrum blockchain, accounting for roughly 95% of its NFT transactions. It has also grown its collection of builders, games and brands substantially in a relatively short period of time. Treasure has a community of 100,000 people using its nine games and brands currently, and this number is expected to grow substantially as new projects come online. 

Since its inception, Treasure’s primary purpose has been to link and support communities, games and builders with the use of web3. By doing so, it hopes to change the landscape of game building. Through decentralization, Treasure is intent on promoting grassroots building and community ownership. To accomplish its goals, the platform uses its native token, MAGIC, to expand its economy and gaming ecosystem while also linking its supported projects.

More than that, the founders and the community members strive to introduce more people to the web3 space through supported games and Treasure NFTs. With the team's focus on making web3 more mainstream, the individuals are focused on finding and developing real-life applications in this space.

Treasure is designed with three primary layers. The first layer, named as Cartridges, has been created by builders using MAGIC, and it is a collection of both metaverses and games. The Treasure console stack’s middle layer is made up of many small Communities. While each community is individualized, they all use MAGIC, similar resources and guilds in their operations. The final layer in Treasure’s console stack is its Infrastructure. This is a powerful section of the ecosystem that features the platform’s economic engine as well as the resources and tools that builders need. 

On a broader level, the Treasure ecosystem supports the development of new metaverse projects. These projects each have a gaming mechanism that allows for developing a player’s NFTs and staking tokens. While each project is unique, every project available on treasure's marketplace utilizes MAGIC, which supports the growth of the Arbitrum blockchain.

The diversity of the Treasure ecosystem has evolved substantially in a relatively short period of time. By doing so, it has enabled builders and collaborators of metaverse projects to excel in their efforts. The core features of this platform are Bridgeworld, Cartridges, Community, Infrastructure and Trove. A closer look at these critical features reveals the key benefits that the platform provides to its many users.

 is the hallmark of this platform, and it serves as the base-level support for the platform’s economic layer and its gamified infrastructure. As the central metaverse for the platform and the essential building block of the supported metaverses, it is the space where the economy thrives. The economy is comprised of MAGIC, Treasures and Legions.

MAGIC originates in Bridgeworld and functions in all of the metaverses supported by Treasure. The platform describes MAGIC as the place where new stars are born. This is because the MAGIC token powers the metaverses. More than that, MAGIC allows the metaverse projects to connect and offers greater functionality for users. It is also the currency used for buying and selling NFTs on the Treasure marketplace, known as Trove. Through its functionality, MAGIC supports greater decentralization as well as the introduction of economic assets that can be used in the real world.

In Bridgeworld, Legions are the key players that are represented by Treasure NFTs, and they comprise Auxiliary and Genesis units. As a player, you claim quests and mine MAGIC by going on adventures. You can also use your Treasure NFTs to upgrade your players within the game. Each Legion has individual characteristics and abilities that support different aspects of gameplay, and these can be increased through the acquisition of Treasures.

Legions use their various resources to elevate gameplay and for 

. Each natural resource, known as a Treasure, can be purchased with MAGIC, and there are currently several dozen different Treasures available to Bridgeworld’s game players. The Treasures can range from donkeys, god-granted favors, diamonds and more. You can use these Treasures to complete various quests and adventures, and open up greater opportunities within the metaverse.

Cartridges, which are developed by creators using MAGIC, are free to mint. All of the Cartridges are fair-launch. Current Cartridges include 

. Some of the Cartridges that will be launched soon include 

. These Cartridges are linked to the Treasure metaverse through their use of MAGIC.

In the Community layer, numerous small communities reside. Each of these communities is individualized by the developer. However, they all utilize MAGIC to function and take advantage of similar guilds and resources.

The essential Infrastructure layer serves as the economic powerhouse for the entire platform. It is also responsible for granting builders of new projects all of the tools and resources that they need to be successful. The other layers, Cartridges and Community, rely on the ecosystem’s core infrastructure to function. All layers utilize Treasure's native token as a connecting mechanism.

In the Treasure Trove, collectors, game players and others can buy and sell gamified NFTs. This is a specialized marketplace that operates on Arbitrum. The NFT transactions can be completed with MAGIC or ETH. By purchasing NFTs in the Trove, you can participate in the corresponding Treasure-based games, including 

and others. As more metaverses come online, the available NFTs in the marketplace will increase substantially.

Treasure supports several games currently, and this number is growing. MAGIC is the unifying token that links these games. MagicSwap facilitates the exchange of MAGIC for other types of reserve currency used in these various games. By doing so, this gateway supports Treasure’s cross-game economy.

Treasure is the foundation for several exciting NFT projects, and more projects are in the works today. While each project stands on its own with individualized features and operations, they all use Treasure's native token. A few of these projects have gained incredible popularity in the decentralized space. What are some of the best Treasure NFT projects to consider playing today?

is less complicated yet equally fun and lucrative for game players. It is recognized as the first project to use the Treasure platform, after 

 along with Smol Cars and Smol Land. As players stake their Smol Brains NFTs, they build up IQ points. With a higher IQ, a Smol Brains NFT increases its value in the marketplace. Smol Pets and Smol Backpacks have recently been released to enhance gaming. Upcoming innovations for Smol Brains include the ability to make Smol Babies and to use Smol Cars in races to earn prizes.

, was the first Treasure metaverse project to go live that was not actually built by the Treasure team. This game starts with a baby Seed of Life NFT, which gradually grows into a child, a teen, an adult and finally, a senior. Over the march of time, the NFT’s traits change. The NFTs are able to fall in love, experience disappointments, get a job, go to school and more. These NFTs simulate the experience of living and take the owner on an emotional journey. When the NFT dies, the owner is awarded a commemorative NFT. MAGIC is the life source that is essential for these NFTs, and they can spur new opportunities and resources.

Treasure has a grassroots community as well as government via the Treasure DAO. This DAO comprises owners of staked MAGIC, and they are responsible for the oversight of the full project. The Treasure DAO also encourages community members to work with team members for the refinement and development of the ecosystem, and this is accomplished via incentives. Going forward, the Treasure DAO may expand the platform's ecosystem and offer more products for the many token holders to take advantage of.

Treasure is a relatively new platform, but several metaverse projects are already live and available on the platform for users to participate in. In addition, new projects are actively being created using the Treasure ecosystem. With this in mind, you can expect significant growth going forward.

The current circulating supply of MAGIC is 113 million tokens. This equates to roughly 32% of the total supply of MAGIC of 350 trillion tokens. Future MAGIC emissions will be allocated with 33% for the Treasure farm and 25% reserved for mining. In addition, 17% of the supply will be used for staking and liquidity. Another 15% is reserved for the ecosystem fund, and the remaining 10% is dedicated to the team. MAGIC’s emission is similar to Bitcoin’s halving mechanism. However, unlike Bitcoin, MAGIC emission occurs annually.

Treasure’s development team specifically opted for the design to take advantage of high early inflation. By doing so, they have fostered long-term sustainability. In addition, the high rewards structure available through MAGIC mining has been crucial in the availability of liquidity. This liquidity has supported protocol and fostered confidence in the platform.

The current price for MAGIC is $0.6263. MAGIC’s peak price of $6.32 was recorded on Feb 19, 2022. The token launched in September 2021 at $0.03828, and the token price reached its lowest point of $0.01999 only a week after the launch.

Looking forward, many experts expect the MAGIC price to increase. While token prices are generally volatile, holding MAGIC could prove to be a profitable investment. According to 

, MAGIC is anticipated to reach $1.64 by the end of 2023. By 2025, the token price may hit $4.71, and it may further increase to $7.63 by the end of 2026. While the projection by many experts is positive, it is important to note that some experts are less bullish on the price of MAGIC going forward. As such, it is important that you always DYOR before investing any of your money.

There are two easy ways to purchase MAGIC. Firstly, you can trade the 

 Spot trading pair on the Bybit exchange once you sign up for a Bybit account.

Another way to buy MAGIC is through the Treasure platform. Treasure’s MagicSwap feature supports token purchases using several cryptocurrencies. Once you hold MAGIC tokens, you can then use them in gameplay on any of the Treasure projects. Because MAGIC is essential for some aspects of gameplay, such as to keep your Life’s Seed of Life NFT alive, you may find yourself taking advantage of the Bybit or MagicSwap exchanges many times going forward.

MAGIC is essential for gameplay in Treasure projects, but it also could be a solid investment. All crypto prices are volatile, and there is always a possibility of losing money through holdings. However, the price of MAGIC is expected to gradually trend upward over the course of the next several years. This means that if you plan to hold MAGIC tokens for the short term, it could potentially result in loss. Holding the tokens for a longer period of time could give you a greater potential for financial gains.

Keep in mind that MAGIC has additional utility beyond being an investment. It can be used to develop NFTs, such as by increasing their resources and adding more advanced powers and traits. When MAGIC is used to enhance your collection of NFTs, there is an additional potential for growth. At the same time, your investment could help to foster further growth of the platform.

While there are many platforms similar to Treasure today, this platform stands apart through its commitment to growing Arbitrum and fostering web3 utility. At the same time, its token can conveniently be used across the spectrum of Treasure projects, and this may enhance gameplay for many owners. If you have not already explored all that Treasure offers, this could be the ideal time to do so.

Treasure (MAGIC): Connecting Metaverse Projects with MAGIC

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards