$MAGMA Today at 6 PM, Alpha goes live, worth paying attention to for three reasons:
1. Significant financing before launch: 8 days ago, secured $6 million in financing, led by HashKey Capital. The willingness of institutions to bet early usually indicates an agreement in place for the initial performance at launch.
2. Calm exchange strategy: Official announcements have been made for landing on exchanges like Bitget and XT, but there has been no excessive hype or aggressive promotion by KOLs. This restraint may suggest that the team is not in a hurry for short-term trading, and expectations for future major exchange contracts still exist.
3. Airdrops are difficult to exhaust all at once: The total amount of airdrops for users on various platforms is approximately $2 million. Based on initial liquidity estimates, it is also challenging to exhaust this amount in one go, leaving operational flexibility for the project, and contract launch remains promising.
Overall: After the initial airdrop release, if the price stabilizes gradually, it may be worth considering phased investments, betting on future contract expectations.
#MAGMA #ALPHA