Hello Magicians,
Two fresh Magic Farms are live this week: Tordess and Cointel, each bringing $10,000 in rewards and real-time yield. Join early to lock in the best APRs and start farming today
👉 Join Magic Farms
Meanwhile, Pump.fun rockets past Hyperliquid in revenue, XRP and Dogecoin ETFs debut in the U.S., and the Fed finally cuts rates. Let’s dive in.
Crypto Market Recap
Pump.fun Outpaces Hyperliquid
Pump.fun, Solana’s memecoin launchpad, pulled in $3.38M in revenue in 24 hours, topping Hyperliquid’s $3.06M. It’s now the #3 DeFi protocol by daily revenue, trailing only Tether and Circle. The rally is fueled by a bold buyback strategy, 100% of revenue goes into repurchasing PUMP tokens. The token is up 69% weekly and Binance may list it soon.
XRP and Dogecoin ETFs Launch in the U.S
The SEC has greenlit the first-ever spot ETFs for XRP and Dogecoin, marking a milestone for altcoins. The funds launch this week under the streamlined 1940 Act, bypassing the hurdles that Bitcoin ETFs faced. XRP’s XRPR and Dogecoin’s DOJE will test whether ETFs can push altcoins into mainstream relevance, or just crown a select few as winners.
Fed Delivers First Rate Cut Since 2024
The U.S. Federal Reserve has lowered interest rates by 25bps, bringing the target range down to 4%–4.25%. It’s the first cut since December 2024, reflecting slower job growth and a cooling economy. Fed officials signaled up to two more cuts before year-end, with markets already pricing in further easing into 2026. Stocks and Bitcoin both ticked higher on the news, while debate swirls over whether the move was proactive stimulus or a political concession to mounting pressure from the Trump administration.
Web3 Apps You Should Know About
- MOKOKO (Play-to-Earn): Web3 mobile gaming ecosystem
Visit App - Mintpark (Marketplace): NFT marketplace built for Bitcoin L2 networks
Visit App
Magic Board
The Magic Board is stacked with ways to earn Karma: from writing threads and unpacking SafePal wallets to creating TikToks or reviewing apps.
Knock out tasks, climb the leaderboard, and get closer to your share of 1M $SQR.
👉 Magic Board
Hot Offer Shoutout
TBC.
What’s New at Magic Square
Two big farms went live this week:
Tordess Magic Farm - 500K $TDS ($10,000)
- Prop trading platform funding skilled traders with up to $100K
- Runs until October 16, 2025
Cointel Magic Farm - 400K $COLS ($10,000)
- AI-native platform for crypto intelligence & scam protection.
- Runs until October 17, 2025
Why Join Early
- Early stakers lock in higher APR
- Rewards stream block by block
- Fully liquid, claim anytime
Optional: Join the $500 EARNMax x Magic Square Raffle
New and returning Hot Offer participants can easily enter the $500 Raffle by resubscribing to EARNMax for at least 1 week.
Note: New Hot Offer Participants that get their Proof-of-work approved will be able to easily resubscribe since the Hot Offer Reward is $5 USDC on Arbitrum.
To re-subscribe: 👉https://max.earnm.com/magicsquare-offer
Meme Break
“Me at every family dinner.”
That’s it for this week.
Got Questions? We’ve Got Answers!
Ask Mystic AI or join the discussion: Discord | Telegram
Stay magical and we’ll see you next week!
— The Magic Square Team
