
Magma Finance
MAGMA
Fundamental comparison between Magma Finance and USDC
Detailed Comparison
| Metric | Magma Finance | USDC |
|---|---|---|
| Price | $0.112174 | $0.999908 |
| Market Cap | $21.31M | $79.63B |
| 24h Volume | 2.1M | 7.1B |
| Rank | #— | #— |
| Circulating Supply | 190M | 79.6B |
| ATH | $0.184855 | $1.04 |
Magma Finance vs USDC — Analysis
Magma Finance and USDC are two of the most prominent cryptocurrencies in the market. This comparison analyzes both coins based on their current price, market capitalization, trading volume, and — most importantly — their CryptoValue Value Score, which is calculated from 10 fundamental on-chain and market metrics.
Value Score Comparison
With a Value Score of 50.5, Magma Finance is currently rated as "fair value", while USDC scores 58.8 and is rated "fair value". This means our algorithm considers USDC the fundamentally stronger investment.
Market Cap & Risk
USDC has a 3736x larger market capitalization than Magma Finance. A larger market cap typically means less volatility but also less growth potential. Magma Finance may offer more upside but comes with higher risk.
Price Performance
Over the last 24 hours, Magma Finance moved 9.86%, while USDC changed 0.00%. Looking at the 7-day window, Magma Finance is at 6.04% and USDC at -0.01%.
Distance from All-Time High
Magma Finance currently trades at 61% of its all-time high ($0.184855), while USDC sits at 96% of its ATH ($1.04). Coins trading far below their ATH can represent either a buying opportunity or a warning sign — the Value Score helps distinguish between the two.
Conclusion
Based on our fundamental analysis, USDC (Score: 58.8) currently has a stronger investment case than Magma Finance (Score: 50.5). However, the Value Score is a snapshot that changes daily. We recommend monitoring both coins regularly and conducting your own research before making any investment decisions.
