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Hi crypto people, I recently came across the MAGIC Reward Token (MAGIC) and wanted to share some insights about it. It’s a fascinating cryptocurrency built on the PulseChain blockchain, designed with deflationary features and a variety of use cases. Let’s dive into what makes MAGIC unique! What Is the MAGIC Reward Token? MAGIC is a PRC-20 token that acts as a multi-functional currency within the Voodoo ecosystem. It offers: Deflationary Benefits: A 2% burn occurs on every transaction, reducing the token supply over time and potentially increasing its value. Reward Mechanism: MAGIC serves as a reward token for those staking Voodoo tokens on its platform. Utility Token: It can be used for gambling and other decentralized applications (DApps) within the ecosystem. Key Features of MAGIC Deflationary Token: With every transaction, 2% of the tokens are burned, making MAGIC scarcer over time. Passive Income Opportunities: Stake Voodoo tokens and earn MAGIC as rewards. Utility in the Voodoo Ecosystem: Use MAGIC for gambling or earn it as staking Voodoo Tokens. Future Developments: Voodoo future plans include governance voting with MAGIC and integrated it into a crypto wallet for secure storage. Token Details Name: MAGIC Reward Token Symbol: MAGIC Total Supply: 10,000,000 MAGIC Why Is MAGIC Exciting? The deflationary mechanism combined with its utility makes it stand out in the DeFi space. As more people use it for staking, gambling, or governance, its scarcity could drive demand and value. Plus, being part of the Voodoo ecosystem ensures that it has strong use cases right from the start. What do you all think about this token? Have you used it or staked Voodoo tokens to earn MAGIC? Let’s discuss!

$X Why did you leave and forget about $ZOO ? Its value is continuously dropping. Please help $ZOO recover and increase its value. You will also help us long-time holders who still believe in $ZOO . Many thanks ❤

We may be witnessing one of the largest tariff miscalculations in U.S. history. On April 2nd, President Trump unveiled a new set of “reciprocal tariffs” during the “Liberation Day” announcement — claiming the plan would raise over $3 trillion in revenue over 10 years. But serious questions are now being raised over the formula used to justify these tariffs, with American Enterprise Institute (AEI) warning that the numbers may have been inflated by as much as 400%. Here’s a breakdown of what happened and why it matters: ♦️ President Trump presented a visual showing new “reciprocal tariffs,” where the U.S. would charge 50% of what foreign countries are charging the U.S.       — If a country charged the U.S. 50%, the U.S. would now charge them 25%, which Trump described as an act of “kindness” rather than imposing full reciprocity. ♦️ However, it quickly became unclear how the administration determined what tariff rates each country was “charging the U.S.” — prompting scrutiny. ♦️ Later that day, the White House published a formula they claimed calculated these foreign tariffs. The formula essentially took:       Tariff = (Trade Deficit / U.S. Imports)       — For example, with China:           • U.S. Imports: $439B           • Trade Deficit: $295B           • Implied Tariff = 295/439 ≈ 67%           • Reciprocal U.S. Tariff = 34% (50% of 67%) ♦️ But there’s a critical catch: a minimum 10% tariff was imposed on all countries — regardless of their existing trade behavior.       — Even Singapore, known for free trade, was slapped with a 10% tariff on April 5th. AEI Dissects the Formula: ♦️ AEI dug into the formula and found that two elasticity variables cancel out:       • Elasticity of import demand with respect to import prices (ε)       • Elasticity of import prices with respect to tariffs (φ) ♦️ AEI criticizes the assumption that the elasticity of import prices with respect to tariffs is just 0.25%, which greatly inflates the resulting tariff estimate. ♦️ Economists argue this number is far too low — the correct assumption should be closer to 1.0.       — Why? Because the 0.25% elasticity was based on retail price response, not import price response, which is what matters in this case.       — The original academic source cited by the administration explicitly distinguishes between the two — but the wrong one was still used. Impact of the Miscalculation: ♦️ If AEI’s analysis is correct, the actual foreign tariffs being charged on the U.S. should be about 25% of what was shown. ♦️ This would mean the reciprocal U.S. tariffs implemented on April 2nd are 75% too high. ♦️ AEI provided a table with corrected estimates showing that most of the “reciprocal” rates are wildly overstated. ♦️ As it stands, the weighted average tariff on U.S. imports could reach nearly 30%, but if AEI’s corrected model is right, the actual level should be closer to 7.5%. So What Really Happened? ♦️ It’s still unclear whether the administration officially used this formula or if it was a "back-of-the-envelope" approach using rough trade balance figures. ♦️ If the formula was in fact used, it appears there was a critical misinterpretation of key economic concepts that exaggerated foreign tariff rates. Consequences Are Already Playing Out: ♦️ The S&P 500 lost nearly $6 trillion in value over just 2 days last week — marking the worst drop since March 2020. Markets are demanding clarity. ♦️ U.S. companies, trying to front-run the tariffs, drove the 2-month goods trade deficit to $301 billion, a historic surge. ♦️ Tariffs of this magnitude have not been seen in over 100 years, and global markets are reacting accordingly. In Summary: We are at a pivotal moment. If the White House miscalculated, a massive course correction may be needed — both economically and politically. Clarification on the methodology used is urgently needed, especially as the world reacts to what could be the most consequential tariff policy blunder in modern history.

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While the crypto market bleeds red, with major altcoins seeing double-digit losses, one underdog has defied the odds – EOS (+32.5%)! 📉 Market Carnage – But EOS Stands Tall! 🔴 $ADA -31.9% | 🔴 $LINK -32.2% | 🔴 $SOL -27.7% | 🔴 ETH -26.5% 📉 From meme coins to DeFi giants, no token has been spared... except one! 🔎 Why is EOS Pumping? ✅ Bullish Sentiment: EOS has attracted strong buying pressure, breaking free from the market-wide selloff. ✅ Volume Surge: High trading volume indicates renewed interest in EOS, possibly from whales. ✅ Technical Strength: While most altcoins are below key support levels, EOS has surged, signaling potential breakout momentum. 🚀 Will EOS Continue to Rise? EOS’s massive 32.5% surge amid a sea of losses suggests it could lead the next rally if market conditions improve. However, traders should watch key resistance levels and overall market sentiment before making moves. 🔥 The Verdict: Should You FOMO? With strong momentum and positive sentiment, EOS is currently the brightest star in a dark market. If this strength continues, EOS could set the stage for the next big breakout. 💬 What are your thoughts? Will EOS continue its run? Comment below! 🔁 Like & Share if you believe EOS is the next big thing! 🚀🔥