Solana’s Institutional Rally and the Search for Asymmetric Gains
Solana pumps 30% on major institutional backing, while XRP tests key support levels ahead of a major rally. But a new meme-to-earn token, Moonshot MAGAX (MAGAX), is quietly gaining traction among insiders.
While the headlines spotlight Solana and XRP’s movements, there are investors behind the scenes who are taking advantage of MAGAX’s presales. After all, analysts are predicting up to 166x returns when it lists.
Solana Treasury Secures $1.65B Backing
Ford Industries secured $1.65 billion from Galaxy Digital, Jump Crypto, and Multicoin Capital for a Solana-focused corporate treasury, the largest ever for the blockchain. This would nearly triple Solana reserves compared to current corporate holders, with Upexi holding 2 million SOL and DeFi Development Corp 1.29 million SOL.
Even mining company Bit Mining has also announced plans to raise $200 – $300 million to build its Solana reserves. The timing of the announcement boosted SOL’s price, and it climbed 5.2% in a single day to trade around $214.
XRP Finds Support for Next Rally
Meanwhile, XRP is testing a crucial support zone that could decide its next big move. As of report time, XRP traded around $2.95-$2.97, just shy of the psychological $3.00 level. This zone has become a make-or-break point for the traders, especially since the technical signals remain mixed.
XRP’s September 1 swing low of $2.69-$2.70 could be a cycle bottom, boosting prices if it holds. However, rejection at resistance and a slide back to these lows could lead to a deeper correction.
Analysts note the $3.00-$3.08 range as crucial. A breakout above $3.07 could trigger a rapid move to $3.40+, while failure to hold resistance could invite selling pressure.
Insiders Buy Up MAGAX at Lowest Price
While Solana and XRP are dominating the headlines, insiders are quietly loading up on Moonshot MAGAX (MAGAX). Its Stage 1 presale saw a quick completion phase, reaching 100% in less than a month. Now, investors are rushing towards the Stage 2 presale, and it is priced at just $0.000293.
MAGAX offers early buyers a chance to secure tokens before the prices climb across its 50 presale stages, leading to a final price of $0.015. MAGAX isn’t just riding on hype, as its meme-to-earn ecosystem rewards creators and promoters when viral memes are detected by Loomint’s AI.
The system will automatically distribute MAGAX to meme creators, remixers, and amplifiers, allowing for authentic engagement. What’s more, MAGAX offers staking for passive income, governance participation, referral incentives, and deflationary mechanics through token burns.
All of these features give it utility way better than the speculative meme coins. This is what makes analysts predict a high ROI for MAGAX once it’s listed.
Analysts Predict 166x ROI For MAGAX Upon Listing
Analysts are calling MAGAX one of the most promising presales of 2025, with projections of up to 166x ROI from its early-stage presale price. If this is achieved, that would place MAGAX among the top-performing meme coins of all time.
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