Magma Finance Price
magma
Price Statistics
MAGMA live price summary
As of Oct 31, 2026, MAGMA has a total market cap of $78.39M, representing a +8.11% change over the past 24 hours. The current price of MAGMA is $0.41256, while the 24-hour trading volume stands at $20.45M. The circulating supply of MAGMA is 190.00M, with a maximum supply of 1.00B. By market cap, MAGMA ranks 316 among all cryptocurrencies. Over the past 24 hours, MAGMA reached a high of $0.427106 and a low of $0.353484.
Magma Finance price analysis by TradeGPT
- The recent surge in MAGMA prices was driven by leveraged funds and overheated market sentiment.
- On October 22, a large short-term buy using double leverage caused the price to spike to $0.
- 5643, but as profit-taking intensified, the price quickly corrected to $0.
- 2562, marking a drop of over 33%.
- Currently, trading volume has decreased and capital flow has weakened, indicating a significant correction in short-term risk appetite.
- With no substantial progress in project fundamentals, it is advised to strictly control high leverage operations.
- In the short term, focus on the support in the $0.
- 25 range.
- Whether the price can stabilize and recover will depend on the project's ecosystem implementation and real demand.
- Do not chase high prices blindly.
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Magma Finance News
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Jinshi Data summarizes central bank, OpenAI, and market news
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Federal Reserve Bank of St. Louis President Alberto Musalem said additional interest-rate increases are needed to bring inflation to the central bank’s target.
What Can You Do With Magma Finance?
Frequently Asked Questions about MAGMA(Magma Finance)
- As of Oct 31, 2026, Magma Finance (MAGMA) is trading at $0.41256.
- In the last 24 hours, the lowest price is $0.353484, and the highest price is $0.427106, with a trading volume of $20.45M.
- The market cap is $78.39M, ranking it #316 among all cryptocurrencies.
Disclaimer
Disclaimer: Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of your entire capital. Bybit disclaims all liability for investment outcomes. Nothing provided herein constitutes financial advice, a recommendation, or an offer to buy, sell, or hold digital assets. Investors must independently assess their financial capacity and are encouraged to consult professional advisors. For a comprehensive overview, please review our Risk Disclosure Document and Bybit EU´s Terms of Service.
Price History (USD)
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