Overview
- CoinCentral and Blockonomi on Oct. 5 position MAGACOIN FINANCE as October’s standout presale, reporting it has raised more than $15 million.
- A company press release distributed via Markets Insider claims $15.5 million raised, 14,000 investors, and nearly 80% of allocations sold at a $0.007 presale price.
- Both outlets reference completed HashEx and CertiK audits as credibility markers for the Ethereum-based token.
- The articles promote speculative returns — 50× before October ends and up to 100× in 2025 — presented as analyst projections rather than verified outcomes.
- Blockonomi publishes purchase instructions directing buyers to the official site, noting ETH, USDT, and BNB are accepted and that tokens are slated to be claimable in Q4 with exchange listings expected by the project.