Summary: On July 18th, $NFTY swapped for $MAG, and the Dutch auction will take place from July 22nd to July 25th. After the final price is determined, $MAG will begin trading.

Dutch unfamiliar fren simply put, it means opening at a very high price on the 22nd. If no one buys after the opening, it will fall from the pricing. Vice versa. The final price of $mag will be determined by the 25th.

Now the circulating Market Cap of $nfty is 122w, and the 8:1 replacement of $mag reduces the circulating supply by eight times. The current Circulating Supply of $nfty is 5.57 billion pieces ÷ 8 = 6962.5w pieces. So, it can be calculated that under the 122w Market Cap, the single coin price of mag is 0.0175u. (Without the situation of Dutch auction)

So now there are three types of games:
1. Walk before the swap on July 18th, can you pump before the 18th? (Gate has not announced support for the swap yet. If not, you can only swap on the chain by yourself)
2. Can the market have a large amount of hot money pouring in to maintain a higher price for the Dutch auction from the 22nd to the 25th?
3. After the price is determined on the 25th, gambling on mag becomes ALPHA, and market makers operate to push up.
The risks are very high, the choice is yours (or watch and wait optimistically)