Global Crypto Market Suffers a Sharp Setback The global cryptocurrency market took a hit this week, with the total market […] The post Crypto Market Cap Falls to $3.8T as BTC Slips Below $110K, MAGAX Presale Still Accelerates appeared first on Coindoo.Global Crypto Market Suffers a Sharp Setback The global cryptocurrency market took a hit this week, with the total market […] The post Crypto Market Cap Falls to $3.8T as BTC Slips Below $110K, MAGAX Presale Still Accelerates appeared first on Coindoo.

Crypto Market Cap Falls to $3.8T as BTC Slips Below $110K, MAGAX Presale Still Accelerates

2025/08/28 02:45

Global Crypto Market Suffers a Sharp Setback

The global cryptocurrency market took a hit this week, with the total market capitalization sliding to $3.8 trillion. The downturn was led by Bitcoin’s fall below $110,000, its weakest level since early July. Analysts attribute the slump to a mix of profit-taking from institutional holders and a broader pullback across risk assets.

Ethereum (ETH) also struggled to hold its footing, and other altcoins including Cardano (ADA) and XRP registered weekly losses. The correction highlights a growing sense of caution, with many traders rotating out of established assets amid heightened volatility.

Crypto Market Hit Creates Space for Presale Winners

Pullbacks in Bitcoin and other majors often create an opening for smaller, emerging tokens. When valuations of top assets stagnate or decline, investor attention shifts to presales, where entry prices remain low and the upside potential is dramatically higher. Historically, downturns like this have paved the way for new tokens to capture liquidity and retail momentum.

MAGAX Defies the Trend With Accelerating Presale Growth

Amid the turbulence, the MAGAX presale is bucking the trend. While BTC lost ground, MAGAX surged past 75% of its Stage 1 allocation, a milestone reached faster than many analysts anticipated. Priced at only $0.00027, MAGAX has been drawing both retail buyers and whales, showing that appetite for early-stage opportunities is still strong even as the broader market cools.

The project’s Meme-to-Earn framework — rewarding community members for content creation — sets it apart from traditional meme coins like Dogecoin, which rely almost entirely on sentiment. Add in deflationary tokenomics that burn supply with every transaction and a completed CertiK audit, and MAGAX presents a mix of hype and credibility that many investors feel safer backing in uncertain markets.

Numbers Back the Presale Momentum

  • $3.8T global market cap — the lowest in weeks, signaling widespread caution.
  • BTC below $110K — a psychological support level broken for the first time since summer.
  • 75% of MAGAX Stage 1 tokens sold — despite market uncertainty, its presale accelerates.

This sharp contrast — weakness at the top, strength at the bottom — underscores how presales like MAGAX can thrive while legacy tokens consolidate.

Why Now Could Be the Sweet Spot for MAGAX

Investors often look back at early Shiba Inu or Solana entries as missed chances, where small stakes became life-changing wealth. The difference this time is that MAGAX is launching with utility already built in — AI-driven rewards, staking pools, and transaction burns — giving it structural advantages the early meme tokens lacked.

With the MAGAXLIVE bonus code granting 5% extra tokens, and Stage 2 pricing around the corner, the current pullback in blue-chip crypto makes the timing even more favorable. While Bitcoin and Ethereum work through consolidation, MAGAX is building momentum that could define it as the breakout presale of 2025.

Be part of the Moonshot Magax Presale Community:

Website | Whitepaper | Telegram | X (Twitter)


This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.

The post Crypto Market Cap Falls to $3.8T as BTC Slips Below $110K, MAGAX Presale Still Accelerates appeared first on Coindoo.

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$95,622.78
$95,622.78$95,622.78
-1.19%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

De Britse financiële waakhond, de FCA, komt in 2026 met nieuwe regels speciaal voor crypto bedrijven. Wat direct opvalt: de toezichthouder laat enkele klassieke financiële verplichtingen los om beter aan te sluiten op de snelle en grillige wereld van digitale activa. Tegelijkertijd wordt er extra nadruk gelegd op digitale beveiliging,... Het bericht FCA komt in 2026 met aangepaste cryptoregels voor Britse markt verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 00:33
‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

The post ‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure appeared on BitcoinEthereumNews.com. A “combo” ETF  Crypto ETF trailblazer  Digital Currency Group founder Barry Silbert has reacted to the approval of the Grayscale Digital Large Cap Fund  (GDLC), the very first multi-crypto exchange-traded fund (ETF), describing it as “groundbreaking.”  “Grayscale continues to be the first mover, driving new product innovations that bridge tradfi and digital assets,” Silbert said while commenting on the news.  Peter Mintzberg, chief executive officer at Graysacle, claims that the team behind the world’s leading cryptocurrency asset manager is working “expeditiously” in order to bring the product to the market.  A “combo” ETF  The ETF in question offers exposure to Bitcoin (BTC), Ethereum (ETH), as well as several other major altcoins, including the Ripple-linked XRP token, Solana (SOL), and Cardano (ADA). XRP, for instance, has a 5.2% share of the fund, making it the third-largest constituent.  The fund initially debuted as a private placement for accredited investors back in early 2018, and its shares later became available on over-the-counter (OTC) markets.  In early July, the SEC approved the conversion of GDLC into an ETF, but it was then abruptly halted for a “review” shortly after this.  As of Sept. 17, the fund currently has a total of $915.6 million in assets.  Crypto ETF trailblazer  It is worth noting that Grayscale is usually credited with kickstarting the cryptocurrency ETF craze by winning its court case against the SEC.  The SEC ended up approving Bitcoin ETFs in early 2024 and then followed up with Ethereum ETFs.  Grayscale’s flagship GBTC currently boasts more than $20.5 billion in net assets, according to data provided by SoSoValue.  Source: https://u.today/groundbreaking-barry-silbert-reacts-to-approval-of-etf-with-xrp-exposure
Share
BitcoinEthereumNews2025/09/19 03:39
Signal No. 1 up in more than a dozen areas amid Tropical Storm Ada

Signal No. 1 up in more than a dozen areas amid Tropical Storm Ada

Storm Signal No. 1 has been raised in more than a dozen areas due to Tropical Storm Nokaen, locally named Ada, according to the Philippine Atmospheric, Geophysical
Share
Bworldonline2026/01/16 14:05