Treasure DAO Shutdown Sends MAGIC Token Down 18%
Blockchain gaming ecosystem Treasure DAO has announced a drastic restructuring, closing down its game publishing operations and Layer-2 network Treasure Chain due to severe financial strain. The news sent its native token, Treasure (MAGIC), plunging 18% in 24 hours, worsening a months-long downtrend. How Treasure DAO Got Here Treasure DAO gained early traction as a…