Shiba Inu News Sparks Fresh Whale Activity
Shiba Inu (SHIB) experienced a volatile September, marked by a $4 million Shibarium bridge exploit. Developers froze stolen BONE and upgraded protocols, revealing SHIB’s fragility and crisis response.
Shiba Inu price today | Source: TradingView
Technically, SHIB has struggled. The token slipped below its 50-day and 100-day EMAs, trading near $0.000012, signaling bearish momentum. Still, community-driven efforts, such as token burns and governance upgrades, keep long-term holders engaged.
Shib Alpha Layer (a Layer 3 beta) promises faster transactions and enhanced privacy features, while the AI-focused JUL-AI initiative positions Shiba Inu for future utility beyond its current meme status.
From XRP to MAGAX: Why Whales Are Drawing Parallels
Whale movements often dictate crypto paths. XRP, a prime example, saw explosive growth and became a top asset after early whale accumulation, despite initial dismissals.
Crypto whales are calling MAGAX, priced at $0.000318 in presale with a projected 153x ROI, the “next XRP.” Institutional wallets are reportedly investing in the MAGAX presale, similar to XRP’s early success.
Whales see MAGAX as having immense potential in the current meme economy. Unlike SHIB, which faces dilution from its 589 trillion tokens, MAGAX’s design uses scarcity to build long-term value.
Live on Oct. 2, 2025, 6PM UTC: https://www.binance.com/en/live/u/30976012
MAGAX Presale Momentum: From $0.000318 to $1?
MAGAX isn’t hype alone; its fundamentals are engineered for breakout growth. As of now, the presale has raised $114,406 out of $115,647, edging close to its Stage 2 target.
The numbers:
- Presale Price: $0.000318
- Total Supply: 1 trillion MAGAX
- ROI Projection: 153× potential, with future stage prices climbing toward $0.015
- CertiK Audit: Passed with zero critical issues, ensuring transparency and security
Whales see opportunity in MAGAX, unlike SHIB. A $1 MAGAX price is conceivable with adoption and exchange listings due to its early-stage valuation.
Investors can verify details directly on the MAGAX Whitepaper and presale dashboard, where real-time fundraising progress is tracked.
Why Whales See MAGAX as the Next Meme-to-Earn Revolution
At the heart of MAGAX lies Loomint AI, a viral detection engine that rewards meme creators and promoters instantly. This “Meme-to-Earn” model is what separates MAGAX from the sea of speculative meme tokens.
Key features whales are watching:
- Automated Meme Rewards: AI detects viral content across platforms like X, TikTok, and Instagram. Creators and promoters earn MAGAX tokens in real time.
- Staking & Governance: Holders stake to earn passive yield and vote on DAO-driven ecosystem upgrades.
- Referral & Booster Programs: Early supporters get extra rewards through a 7% referral system, further incentivizing community growth.
- Deflationary Mechanics: Token burns and lock-ups ensure scarcity, unlike SHIB’s massive circulating supply.
Whales believe MAGAX’s AI, utility, and virality could drive mainstream adoption, similar to XRP and ETH, and are shifting to this new narrative.
Live on Oct. 2, 2025, 6PM UTC: https://www.binance.com/en/live/u/30976012
The Future of Meme Coins: SHIB’s Legacy, MAGAX’s Opportunity
Shiba Inu is a community-driven meme coin with limitations due to its large supply and price fluctuations. MAGAX, an AI-driven meme economy, aims to provide significant returns for early investors.
For context, ETH’s recent regulatory tailwinds, following the SEC’s streamlined ETF listing rules, have demonstrated how quickly narratives can shift when major players enter the scene. Whales are rotating early into MAGAX, seeing it as the meme-to-earn equivalent of XRP’s early adoption.
With MAGAX currently at just $0.000293, whales are betting on a future where $1 isn’t just a meme; it’s a target within reach.
Presale stages move fast. Secure your MAGAX tokens at $0.000293 today; tomorrow, the price could already be higher.