Ethereum fell below $4,200 today, sparking renewed debate on its near-term path. At the same time, large holders are shifting focus toward Cardano and MAGACOIN FINANCE, both touted as higher-upside plays in the current market.
Ethereum Corrects to Below $4,200
Ethereum (ETH) slipped under the $4,200 mark, briefly touching $4,190 before stabilizing. The dip comes after a strong rally earlier this month, leaving traders watching if the asset can reclaim higher ground or extend its pullback.
For now, Ethereum remains the second-largest cryptocurrency by market cap, but whales appear to be rebalancing into altcoins where upside is perceived to be larger. With Bitcoin already near its peak levels, the spotlight is turning to projects like Cardano and newer entrants such as MAGACOIN FINANCE.
Cardano Drops 8% But Long-Term Story Remains
Cardano (ADA) fell 8.01% in the last 24 hours, a worse performance than the broader market’s 2.78% decline. Despite the short-term weakness, the network just approved a $71 million development plan funded directly through its on-chain treasury — a governance first. The plan will deliver upgrades such as Ouroboros Leios, Hydra scaling, Mithril syncing, and Nested Transactions.
Founder Charles Hoskinson has also made bullish statements, saying ADA could achieve up to 1,000x returns, far outpacing Bitcoin. He argues that ADA’s market cap leaves room for exponential expansion, while Bitcoin’s upside is already capped by its size. This view has divided the community, but it highlights why some whales are still betting on Cardano’s long-term trajectory.
Whales Target 30x in MAGACOIN FINANCE
Alongside ADA, MAGACOIN FINANCE has attracted attention as a next-generation altcoin blending meme appeal with serious DeFi use cases. Analysts have already projected up to 30x upside, with smart money reportedly positioning early.
The project has been audited, maintains transparent tokenomics, and is gaining traction as one of 2025’s most watched tokens. Whales appear to be treating it as a hedge against slower assets, with growing activity pointing toward a fast-closing entry window.
What Traders Should Watch
Ethereum’s slip under $4,200 has widened interest in altcoins, especially Cardano and MAGACOIN FINANCE, where whales see larger room for returns. Traders tracking this shift may want to explore these projects now, while the cycle is still developing. To learn more or participate directly, visit:
- Website: https://magacoinfinance.com
- Presale: https://magacoinfinance.com/presale
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
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