(In fact, token cards have various effective rarities, but for card code purposes they are listed as a single rarity.) Yes, currently in Magic card codes there are seven options for the rarity field: C Common U Uncommon R Rare M Mythic Rare L Land (This refers only to basic lands
[1] The "Compilation of Uncut Sheets" thread on the Magic Librarities Forum has pictures of all three sheets.
The card also has potential in the different red ramp decks in the format, be they Jund Wildfire or classic Gruul Ramp
For example, the Pauper combo shell of Mogwarts (First Day of Class / Putrid Goblin / Skirk Prospector) can create infinite mana and a hasty army
If you add in foil variants there are about 78,122 total unique in-game cards
Enchanted cards are the rarest Disney Lorcana cards we currently know of, with only a small chance of appearing in a booster pack