MAGMA's recent performance has been quite eye-catching, with a short-term increase of 20.65%. There are two solid catalysts behind this surge.

First is the enhancement of trading depth. MAGMA will officially launch USDT margin perpetual contracts on a leading exchange by December 31, 2025. What does this mean? It indicates that leveraged traders are entering the market, liquidity will significantly increase, and market attention will naturally rise. Contract products often bring in a considerable amount of incremental funds.

Second is the expansion of trading channels. The token has already been listed on Bitunix spot market, with more trading pairs and deeper counterparty liquidity. This "channel expansion" strategy plays a significant role in boosting the token's price.

From a technical perspective, the increase is indeed rapid—20.65% on the 5-minute chart, 20.74% on the 15-minute, and even 20.76% on the 30-minute. The current trigger price is around 0.1622. The short-term momentum is fast, but such rapid rises often require observation of subsequent consolidation.