Treasure (MAGIC) Price Prediction

By CMC AI
17 October 2026 10:11AM (UTC+0)
TLDR

MAGIC's future price hinges on its evolving utility in AI gaming against near-term supply pressure and reputational overhang.

  1. AI & Gaming Adoption – New products like Kong Book and AI agents could drive user engagement and token demand, supporting long-term value.

  2. Upcoming Token Unlock – A planned 13M MAGIC ecosystem fund unlock adds potential selling pressure, posing a near-term headwind.

  3. Reputational Confusion Risk – Ongoing fallout from an unrelated "Treasure NFT" scam may dampen sentiment and hinder new investor onboarding.

Deep Dive

1. Project-Specific Catalysts (Mixed Impact)

Overview: Treasure is actively expanding its ecosystem. The launch of Kong Book on Loxley (Treasure) enables new token utility for creators. Furthermore, the integration of AI agents on networks like Ronin aims to boost engagement in games like Fishing Frenzy. These developments could increase MAGIC's utility and demand.

What this means: Successful adoption of these features is a bullish, long-term driver for price, as it ties token value to real usage. However, the impact depends on user uptake, which is unproven and may take months to materialize.

2. Supply & Tokenomics (Bearish Impact)

Overview: A community post indicates a planned, one-time unlock of the remaining 13 million MAGIC from the ecosystem fund (CoinMarketCap). These tokens are to be sold by a market maker at a "market-neutral" pace.

What this means: This represents a direct increase in circulating supply. Even if sold gradually, it creates a persistent overhang of sell-side pressure that could suppress price appreciation in the short to medium term until fully absorbed.

3. Market Sentiment & External Risks (Bearish Impact)

Overview: Multiple investigative reports detail a massive, unrelated Ponzi scheme named "Treasure NFT" that defrauded users in South Asia (CoinMarketCap). Despite no connection to Treasure DAO, the naming similarity causes persistent confusion.

What this means: This reputational risk is a bearish sentiment drag. It can scare away potential new users and investors, limiting the project's growth potential and making positive price momentum harder to sustain.

Conclusion

MAGIC's path balances genuine ecosystem innovation against tangible near-term supply and sentiment challenges. For a holder, patience is required to see if adoption can outpace the unlock's sell pressure. Will on-chain metrics show sustained user growth despite the upcoming token unlock?

CMC AI can make mistakes. Not financial advice.