Magic Square Price

Magic Square (SQR) is a cryptocurrency launched in 2024 on the BNB Smart Chain platform. It's designed to support the Web3 ecosystem, focusing on DeFi, DApps, and launchpad services. Magic Square aims to create a decentralized app store and marketplace for Web3 applications, making them more accessible to users. With a current price of $0.007602 and a market cap of $1.71M, Magic Square ranks 2428 among cryptocurrencies. The total supply is capped at 1B SQR tokens, with 225.16M SQR currently in circulation. Magic Square has seen a -0.21% change in the last 24 hours, with a trading volume of $121.52K. The project is backed by notable investors and is part of the BNB Chain ecosystem, positioning itself as a key player in the evolving Web3 landscape for 2025 and beyond.

Magic Square was created on January 11, 2024. It was launched as a cryptocurrency operating on the BNB Smart Chain (BEP20) platform. Since its inception, Magic Square has aimed to provide a platform for decentralized applications (DApps) and decentralized finance (DeFi) services within the Web3 ecosystem. The project's focus includes areas such as marketing, gaming, memes, reputation systems, and social tokens. Magic Square is part of the BNB Chain ecosystem and has received backing from notable venture capital firms in the blockchain space. As of 2025-06-23, Magic Square has a circulating supply of 225.16M SQR tokens out of a total supply of 999.91M SQR, with a maximum supply cap set at 1B SQR tokens.

The founders of Magic Square are not publicly disclosed. Magic Square was launched in 2024 as a decentralized cryptocurrency project on the BNB Smart Chain. It aims to create a comprehensive Web3 ecosystem, focusing on DeFi, DApps, and launchpad services. While the specific individuals behind the project remain anonymous, Magic Square has gained support from notable venture capital firms and incubators in the blockchain space, including YZi Labs, DAO Maker, and Huobi Capital. The project's development and governance are likely managed by a team of blockchain experts and developers working to advance the Magic Square ecosystem. As with many cryptocurrency projects, the focus is on the technology and community rather than individual founders.

Magic Square operates on the BNB Smart Chain as a BEP20 token. It functions as a utility token within the Magic Square ecosystem, which is a Web3 platform focusing on DeFi, DApps, and launchpad services. Users can stake SQR tokens to participate in governance, access exclusive features, and earn rewards. The token's total supply is capped at 1B SQR, with 225.16M SQR currently in circulation. Magic Square facilitates transactions within the Magic Square marketplace, where users can discover and interact with various Web3 applications. The token's value is influenced by its utility, market demand, and the overall growth of the Magic Square ecosystem. As of 2025-06-23, SQR is trading at $0.007602 with a market cap of $1.71M. The project aims to expand its ecosystem and increase token adoption, potentially impacting its future value and utility.

Magic Square operates on the BNB Smart Chain (BEP20) platform, utilizing a decentralized architecture. It employs smart contracts for various functionalities, including token transfers, staking, and governance. The SQR token is built on the BEP-20 standard, ensuring compatibility with the broader BNB Chain ecosystem. The technical infrastructure of Magic Square includes: 1. Smart Contracts: Manage token economics, distribution, and interactions. 2. Consensus Mechanism: Leverages BNB Chain's Proof of Stake (PoS) consensus. 3. Tokenomics: Total supply of 999.91M SQR SQR tokens, with 225.16M SQR in circulation. 4. Interoperability: Compatible with other BEP-20 tokens and DeFi protocols. 5. Governance: Utilizes a DAO structure for community-driven decision-making. 6. Web3 Integration: Supports decentralized applications (DApps) and platforms. Magic Square's architecture focuses on scalability, security, and user experience, positioning it as a versatile token within the Web3 and DeFi ecosystems. The platform's design enables fast transactions, low fees, and seamless integration with various blockchain-based services and applications.

The future of Magic Square looks promising. As a Web3 platform token, SQR aims to revolutionize the crypto app ecosystem. The roadmap includes expanding the Magic Store, enhancing user rewards, and improving governance features. By 2026, we expect to see increased adoption and partnerships. The team plans to launch new DeFi products and integrate with more blockchains by 2027. Long-term goals for 2030 include becoming a leading Web3 infrastructure provider and expanding into emerging markets. With its current market cap of $1.71M and circulating supply of 225.16M SQR, SQR has room for growth. The max supply of 1B SQR tokens ensures scarcity. As the platform evolves, we anticipate the price of SQR to potentially reach $0.05 by 2026 and $0.10 by 2027, though these are speculative projections.