MAGIC's violent surge of 60%! Is GameFi's leader awakening or just a trap? Let the experienced guide you through!
MAGIC surged to $0.18 (a 24h increase of 58%), igniting the GameFi sector! But hold on, don't rush into jealousy—there are three dark lines behind this surge you must see clearly:
1️⃣ TreasureDAO's ecological upgrade! MAGIC, as the on-chain 'gold coin,' is crazily empowering new games. The recent launch of the blockchain game 'Mighty Action Heroes' is raking in money—this is the real fuel!
2️⃣ Whales are positioning early! On-chain data shows that a certain institutional wallet bought $3 million in MAGIC just before a major drop, clearly anticipating the news!
3️⃣ The market is betting on the ETH ETF approval! Once passed, all Layer2 and gaming chains (including MAGIC's Arbitrum) will take off collectively!
But the dominant force clearly states the risks:
⚠️ A 60% surge in 24h must lead to profit-taking and price drops! The probability of a short-term pullback to $0.15-$0.16 is extremely high; it's better to miss out than to chase the high!
⚠️ GameFi’s long-term battle looks at cash generation ability! If new player data declines, MAGIC will immediately revert to its original state!
In a bull market, game coins either soar or go to zero, so be smart when playing MAGIC!
For the next strategic direction, I plan to help everyone look for those altcoin profit opportunities, and I expect a tenfold return is not out of the question. Like and leave a message, and I'll guide you through the entire bull market!
