+

Total Market Cap: $3.230T

24h Volume: $40.740B

BTC Dominance: 67.04%

Global Market Sentiment: 78

Average Market Correlation: 0.31

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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CoinRisk
Beta

Magic

MAGIC
Rank #396
$0.1716

-3.32%

Low:
$0.1716
High:
$0.1878
(24h)
Volume 24h
$7,617,698
-23.16%
Circulating Supply
331,391,014 MAGIC
Total Supply
ISSUE TO SOLVE
Max Supply
347,714,007 MAGIC
Market Cap
$56,876,977
Fully Diluted Market Cap
$59,678,509
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
100.42%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.46
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
1.512
Market Dominance
0.00%
ATL/ATH
$0.07/$5.38
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
60
Magic Chart & Risk Measures
Magic Historical Price
Min Price:
$0.1716
Max Price:
$0.1878
Candle
5 min
Change (1D)
-3.32%
Magic Returns Distribution
Returns Metrics over 1D
Candle
5 min
Median
0.00%
Mean
0.00%
Standard Deviation
0.00%
1% Extreme Loss
0.00%
1% Extreme Gain
0.00%
Magic Beta Regression
y :
Magic Timeseries
x :
Global Market Timeseries
Candle
5 min
Beta
2.071
Alpha
0.000
0.602
Correlation
0.776
Magic What if Scenarios
Stress Tests results:
Crash Covid-19
-66.66%
2021 China Mining Prohibition
-55.36%
Crash UST
-23.73%
Crash FTX
-34.52%
Drawdown 2018-2019
-97.07%
Drawdown 2021-2022
-89.86%
Supply data provided by CoinGecko API
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