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MAGIC Soars 250% Behind: Familiar Tactics and Danger Signals

In just two days, the price of MAGIC skyrocketed by 250%, and this trading strategy seems familiar! Once a game token of TreasureDAO, it suddenly announced a cross-industry transformation into an 'AI Partner', introducing the concept of 'electronic pet AI to help play games and trade cryptocurrencies'.

Once the news broke, the community went viral, and the price soared, with retail investors rushing in, fantasizing about 'old trees blossoming'. Coupled with a general rise in the GameFi sector, tokens like ENJ and XAI also surged, making MAGIC, once a popular coin, a 'potential stock' in the eyes of retail investors.

However, this seemingly enticing market hides traps. Countless historical cases prove that chasing after rising prices and selling in panic is just waiting to harvest new investors, and blindly following the trend could very likely lead to total loss!

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#加密市场反弹
#中美贸易关系
$MAGIC

$MAGIC 🚨Alert sellers🚨 -2% funding fee⚠️
🚨It gave a growth of 90% and not facing rejection.
⚠️Rsi is showing overbought
⚠️not opening any short till the funding fee is less.
⚠️Don’t take high leverage
⚠️don’t put big capital.
⚠️Trade safe

#TrumpTariffs
Smartphones, computers, lithium-ion batteries, toys and video game consoles make up the bulk of Chinese exports to the US. But there are so many other things, from screws to boilers.

With a deadline looming in Washington as Trump threatens to introduce the additional tariffs from Wednesday, who will blink first?

🚨🇺🇸 TRUMP SLAPS ‘PROUD’ CHINA WITH 104% TARIFFS 🇨🇳

• 12:01 a.m. ET: 104% tariff goes live

• Tariffs hiked after China’s 34% retaliation

• Trump: “They’ll pay big until they make a deal”

• Declared a “national emergency”

• $1.5T wiped from US markets Tuesday

• China vows to “fight till the end,” slams “bullying”

• 85+ nations hit with new levies

• Wall Street dives: hedge funds flee

• Canada hits back with 25% auto tariff

• EU warns of countermeasures

• Trump allies Langone & Griffin furious

• Mortgage rates surge, iPhones may hit $3,500

#TradeWar #Trump #China #BreakingNews
Source: RT$ETH