Overview
- Ethereum is trading around $4,400–$4,500 after a weekly gain of about 12%, with short‑term targets near $5,500 and cycle forecasts ranging from $6,000 to $10,000.
- Analysts highlight ETF inflows, exchange outflows, and the planned Fusaka upgrade—aiming to lift the gas limit to 60 million—as the core drivers of the bullish setup.
- Coindoo reports that BitMine Immersion Technologies purchased approximately $961 million in ETH within a week and now holds more than 2.65 million ETH, underscoring perceived institutional demand.
- Commentators anticipate a familiar rotation from ETH leadership into higher‑beta altcoins, with MAGACOIN FINANCE repeatedly mentioned as a prominent presale candidate in that trade.
- Promotional materials cite HashEx and CertiK audits for MAGACOIN, Stage 3 pricing at $0.000318 with a 10% discount, and return projections from 55x to about 12,000%, which are estimates rather than independently verified outcomes.