Majic Wheels, Corp. (OTC Pink: MJWL)
On 2021-09-07, the company Majic Wheels (OTC Pink: MJWL), and his cryptocurrency exchange, cryptocurrency mining farm and custody services platform: Calfin Global Crypto Exchange (CGCX), posted on its twitter account that it had just signed an agreement with New York based Investment Bank.
As soon as the post was released, the stock surged to 0.105 and then closed at 0.0976, an increase of 6.67%.
This news is major for the development of the company which is about to expand its market significantly in the coming weeks. Majic Wheels, which a valuation of just $63million now, is poised to enter India’s huge market with its 1.3 billion people as well as the UAE and the United States.
Although the details will be released this week, the interest of institutions is major and prove the full potential of Majic Wheels which is trying to catch Coinbase (COIN) with its valuation of more than 70 billion dollars.
Majic Wheels have just recently published their projections which will reach over $840M in 2024.
And more, the NASDAQ is more than ever in the plans of the company which is set to be one of the biggest successes of the OTC.
To be continued…
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