Pump Report: Magi hits 109% in roller coaster morning

In the last 24 hours, Magi Exchange, (XMG), ran up 109% before taking a dip this afternoon. The coin has traded in the 2200 Satoshi range (.00002200) before bouncing to a high of 4495 Sat. This is more steady bounce than FIBRE's pump yesterday. Whether or not it will jump up once more, or even a few times, remains to be seen this afternoon.

Magi distributes coins in similar fashion to LiteCoin. In Magi, 10% of total coins are provided in the bonus and randomly distributed to miners.

Sites:

http://coinmagi.org/
https://twitter.com/CoinMagi
https://www.facebook.com/CoinMagi

Some introduction videos are found on YouTube:
https://www.youtube.com/user/TheCoinMagi

Magi is still active, though not very publicized.