Bitcoin Holds at $110K, Ethereum Stalls—Meanwhile MAGAX Quietly Prepares a Huge Launch
Bitcoin’s Stability vs. a High-Potential Wildcard
The crypto market is now in an important moment as Bitcoin is holding steady above $110k. Ethereum is also showing signs of slowing momentum near resistance. As major players consolidate, there’s an underrated project grabbing a lot of attention.
Moonshot MAGAX (MAGAX) is quickly preparing for what could be a 200x launch in 2026. Early investors are already waiting to capture the outsized gains that meme-to-earn utility can unlock.
BTC Stays Above $110k as Traders Eye Fed Rate
On September 8, Bitcoin (BTC) traded near $111,000, up 0.44% in 24 hours, as traders await the U.S. Federal Reserve’s interest rate decision next week.
A weak jobs report, with U.S. nonfarm payrolls rising by only 22,000 in August (far below the expected 75,000), indicates slowing economic momentum. Analysts note institutional investors are booking profits while ETF flows remain flat, limiting BTC’s breakout potential.
But BTC has been pretty resilient. With a current price of $112,254.23, up 4.17% over the past week. Bitcoin remains firmly above its critical support, and investors are waiting to see when it will move up again.
Ethereum Stalls After Nearing Resistance
Ethereum (ETH), meanwhile, is struggling to push past a key resistance zone. ETH was trading at $4,315.35 at press time, gaining 1.48% in the past seven days but still showing signs of cooling momentum.
Analysts are pointing towards the $3,700-$3,800 range as an important retest level if ETF demand continues to cool. But on the upside, $4,500 remains a key short-squeeze target, with the strong liquidity levels still waiting to be tested.
Despite the stall, Ethereum’s long-term projections remain bullish. Market experts continue to call for ETH to hit $10,000 during the next cycle, but that’s going to take a lot of ecosystem growth and scaling upgrades.
MAGAX Targets 200x ROI Ahead of 2026 Launch
While BTC and ETH consolidate, Moonshot MAGAX (MAGAX) is building momentum as one of the most ambitious meme coins ever launched. It combines meme culture with real blockchain utility.
MAGAX stands out with its meme-to-earn utility, which uses AI to detect viral memes and automatically reward creators and promoters. It also offers community incentives, allowing meme creators, promoters, Web3 enthusiasts, and developers to earn through staking, governance, referrals, and boosters.
MAGAX, backed by deflationary tokenomics and transparent pricing across 50 presale stages, is set for a 2026 launch. Analysts predict it could be a 200x opportunity, leveraging both meme virality and sustainable tokenomics.
Investors Buy MAGAX as They Anticipate High ROI
The Stage 2 presale is already heating up, with over 65% of tokens sold. At the current price of $0.000293, investors can buy in before the token price begins its staged climb toward $0.015 by the final round.
From creators to long-term investors, everyone has a chance to take advantage of the token. Analysts are projecting 200x ROI potential, causing traders to pile in before demand and token scarcity push prices even higher.
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