Ethereum’s Price Consolidation: The Wait for Fed Clarity
The U.S. Federal Reserve is yet to provide its next policies, and investors are at the edge of their seats. This comes as Ethereum (ETH) is consolidating around $4,510 despite the growing predictions that it could break past $5,000.
While its institutional inflows remain strong, traders are cautious ahead of the Fed’s interest rate. Meanwhile, crypto whales are more active with buying up a new presale token, Moonshot MAGAX (MAGAX), a meme-to-earn project expected to offer massive returns.
Ethereum Stalls Ahead of Fed Interest Rate Cut
Ethereum (ETH) is now trading at $4,510.27, showing a steady 4.15% increase over the past week, yet market momentum has slowed down as the broader crypto space looks forward to the Federal Reserve’s policy update.
Traders are waiting for clear information on the interest rate cuts, which could unlock fresh liquidity and boost risk appetite across the digital assets. Analysts are saying that Ethereum’s resilience above $4,500 means there’s more confidence in its value to power decentralized finance (DeFi) and smart contract ecosystems.
How Soon Can ETH Hit $5K?
Market models and technical indicators say that Ethereum would soon push towards the $5,000 level, as long as ETH inflows continue and participation increases. Derivatives data reveals skew pricing that implies rising odds of ETH reaching between $5,000 and $6,000 by the end of the year, especially if institutional demand continues.
Price prediction models are now targeting the $4.8k to $4.9k zone by the end of September. But if ETH can’t break out decisively, the price might end up pulling back and then consolidating in the $4.3k to $4.8k band while the market puts together a stronger base.
Crypto Whales Accumulate MAGAX in Presale
While Ethereum consolidates, crypto whales have been accumulating Moonshot MAGAX (MAGAX), the first meme-to-earn token, during its early presale phase. MAGAX launched Stage 1 at $0.00027, and it has now advanced to Stage 2 at $0.000293. The Next Stage being: $0.000318.
The token’s presale price automatically rises with each stage, reaching $0.0150 by Stage 50. This allows early investors to secure the lowest price, anticipating significant returns before listing, explaining their rapid purchases.
With whales buying up MAGAX, it shows that there’s more confidence in the project’s potential, especially since they want to get high returns from a low entry point. The community buzz around MAGAX is building fast, attracting both retail investors and major crypto holders into the presale.
Moonshot MAGAX to Hit 166x ROI With Robust Utility
Moonshot MAGAX (MAGAX) stands out with its built-in utility. It takes advantage of an AI-powered Loomint system, which uses GPT-4 and CLIP AI to detect viral memes online. Then, Loomint AI will automatically reward the users that created and shared the memes. This transforms community engagement into a revenue-generating engine.
Analysts estimate that if MAGAX continues from its current Stage 2 price to its projected launch price, it could deliver up to 166x ROI for the early investors. It combines strong utility, community-driven growth, and deflationary tokenomics, which is fueling bullish projections for the project.
As more presale stages unlock at higher prices, early adopters are expected to see their MAGAX tokens increase dramatically before public listing.
Join the MAGAX Stage 2 Presale at the Lowest Price
The MAGAX Stage 2 presale is offering the token at the lowest price ever before it goes up in the next stages.
Investors can now get the best upside potential, and whales are quietly accumulating the token. With the hype around MAGAX growing and the presale gaining momentum, it’s expected to stand out as a profitable token in the crypto space.
Secure your MAGAX tokens now before Stage 2 ends—lock in the lowest price and ride the next 100× wave.
