As a key component of the Treasure Metaverse ecosystem, the recent significant price increase of the MAGIC token can be attributed to several key factors:

1. **Surge in trading activity**: MAGIC token trading volume surged by 350% in just 24 hours. This significant increase in trading activity usually indicates strong investor interest, driving prices higher.

2. **Market speculation and rumors**: Although TreasureDAO has not yet issued an official statement, there are constant speculations and rumors about MAGIC. This speculative atmosphere may have triggered a rush to buy and further pushed up the price.

3. **Technology Integration**: MAGIC is built on Arbitrum, a second-layer scaling solution for Ethereum that has developed rapidly recently. As Arbitrum gains traction, tokens in its ecosystem such as MAGIC also benefit, attracting many new users and investors.

4. **Metaverse and Game Craze**: MAGIC, as the currency of the Treasure ecosystem, connects multiple games and communities. As the gaming and NFT sectors continue to expand, MAGIC’s role as a currency across the metaverse becomes increasingly important, driving its demand.

5. **New listing on exchanges**: MAGIC has recently been listed on exchanges such as Bithumb, allowing it to reach a wider audience. Listings on new exchanges often increase liquidity and visibility, which in turn drives prices higher.

When considering investing in MAGIC tokens, investors should pay close attention to market dynamics, allocate funds reasonably, and take appropriate risk management measures. The market is always full of opportunities, but it also comes with risks. Through prudent strategies and disciplined execution, investors can effectively control risks while pursuing returns.