MagicCoin (MAGE) Live Price Chart & History

Price USD -11.92%
$0.303626
Price BTC
0.00004652
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$2.2M
Market Share
Live MAGE / USD Price Chart

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Since launching at $114.874 on 06/12/2017 MagicCoin has achieved a price of $0.303626, falling -7.39% in the last week alone.

MagicCoin Price Analysis: Predictions and Forecasts

Why buy MagicCoin? What is it used for?

MagicCoin, listed under the symbol MAGE, is a cryptocurrency built around a lending program. That lending program claims to pay you a guaranteed return of 0.25% per day, plus interest rates of up to 50%. There’s no risk: you just give the company a bunch of your money, and they’ll “magically” turn it into more money. That’s where the “magic” part of the cryptocurrency comes in... POS Magiccoin is the first trading platform dedicated to altcoins based on proofof-stake (from here on will be called POS coins). Not only the investors can trade POS coins via the intermediary currency Bitcoin (BTC) or Magiccoin (MAGE), this platform also allows developers to distribute and publish tokens for their ICO with a competitive fee. Traders will have the access to over 100 types of POS coins easily, quickly and conveniently. They can earn money by exchanging POS coins through stock donations to dig up crytocurrencies. In addition, developers can sign a contract to make coins on POS MAGICCOIN at a competitive fee. Finally, the Magiccoin POS will provide users a wallet with the necessary plugins for them to adjust their desired settings. They can also use suitable table for their choices. Profits from these business will be used as a community development fund, MAGIC. In addition to enhancing the technical flatform, periodic burning will be done from business profits to ensure the scarcity of MAGE will benefit the community.
MagicCoin was launched in 06/12/2017. It uses the Proof of Work & Proof of Stake method of consensus, and is based on the @market_algorithm algorithm. MagicCoin's goals include MagicCoin is the best platform for altcoin enthusiast to make money staking coins. The platform is run by POS tokens that users receive when they exchange their currencies through the exchange. Be like this Wizard: 'Make money while you sleep!'.

Will the price MagicCoin fall continue to rise?

It's impossible to predict for sure if MagicCoin is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days MagicCoin has fallen by -7.39%
  • In the past month it has gained 51.469083094465%
  • In total it has fallen in value by $-114.570374 since its inception, a change of 0.26%

Can MagicCoin reach, replace, pass or overtake bitcoin?

At present MagicCoin is trading at 0.00004652 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 2,149,613.1%. If we assume MagicCoin continued to as it has in the last month - with a price change of 51.47% it would take 2.1691290829704 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of MAGE is going to take off and increase in price to a higher level we've done the math for you.
In order for MagicCoin to reach $0.50 it needs to increase in price by a factor of 1.65x. Given its present growth rate of 51.47% per month, it could take just 2.1 months to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
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4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $1.00 it needs to increase in price by a factor of 3.29x. Given its present growth rate of 51.47% per month, it could take just 4.9 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $5.00 it needs to increase in price by a factor of 16.47x. Given its present growth rate of 51.47% per month, it could take just 11.6 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $10.00 it needs to increase in price by a factor of 32.94x. Given its present growth rate of 51.47% per month, it could take just 1.2 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $15.00 it needs to increase in price by a factor of 49.40x. Given its present growth rate of 51.47% per month, it could take just 1.3 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $25.00 it needs to increase in price by a factor of 82.34x. Given its present growth rate of 51.47% per month, it could take just 1.5 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $50.00 it needs to increase in price by a factor of 164.68x. Given its present growth rate of 51.47% per month, it could take just 1.8 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $100.00 it needs to increase in price by a factor of 329.35x. Given its present growth rate of 51.47% per month, it could take just 2.0 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MagicCoin to reach $200.00 it needs to increase in price by a factor of 658.71x. Given its present growth rate of 51.47% per month, it could take just 2.2 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is MagicCoin a good investment? Is it safe to put my money into MAGE?

No, it is not a 'good investment' to buy MagicCoin, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading MagicCoin as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of MAGE - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is MagicCoin? Interest Over Time

Where is MagicCoin most popular?

MagicCoin Development + Team

There are @research_team_dev_size developers coding the source behind MagicCoin There are no sales or marketing staff on the team which could impede the coin's growth.

MagicCoin doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

Risk Warning

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

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