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Magic Inu (MAGIC) is a community-driven token focused on developing utility and rewarding its holders. With its unique features, Magic Inu aims to captivate the crypto space with its magical charm. Holders of the token are rewarded through a 5% redistribution mechanism, where a portion of each transaction is distributed among loyal holders based on their percentage holdings. Additionally, 5% of every transaction automatically contributes to the liquidity pool, creating a stable price floor for the token. Moreover, 5% of all transactions are allocated to the marketing fund, enabling the team to execute comprehensive marketing campaigns, collaborate with influencers, and gain exposure across various media platforms.
Buying Magic Inu is a straightforward process. First, users must download and set up MetaMask, a browser extension wallet, or TrustWallet, a mobile app wallet. Next, they can purchase ETH from any exchange and send it to their MetaMask or TrustWallet address. Finally, users can visit Uniswap, connect their wallet, input Magic Inu’s contract address, and swap their ETH for Magic Inu tokens. To ensure a successful swap, it is recommended to set the slippage tolerance between 16-18%, or even higher depending on market demand.
Magic Inu’s roadmap outlines the project’s three-phased strategy. In Phase 1, the team plans to launch the website, list the token on Coingecko and CoinMarketCap, conduct an initial marketing push, and release the whitepaper and Techrate audit. Phase 2 involves a website redesign, launch on the Fantom blockchain, cross-chain bridging, listing on centralized exchanges and partnerships, and releasing an NFT marketplace. In the final phase, MagicSWAP will be deployed, additional CEX listings will be pursued, utility proposals will be introduced, and a dedicated YouTuber will be hired. The project aims to innovate and expand its reach through ambitious marketing initiatives.
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