I think that Magi is in a better position than ever before to make an impact (price could go either way from here - but I think the next trough will be much higher than the last one) - market cap is hovering around or above 200k for over a month now - last year we were between 20 and 40k if I remember correctly. If we can make the same progress in the next year - I'll be very happy. Magi is building slowly so doesn't seem to be following the trend of a lot of pump and dump coins (although still has more than enough volatility)
Maybe because of the failed pump and dump of last week the price stays higher.
For many years the $ price of XMG was 0.03. Now it's around 0.05.
In the last years we had a marketcap around $200.000, now it's $340.000
Of course it's mostly because of the BTC price, in the beginning of XMG the BTC price
was around 150 $, it's now 1100 $.
At the start XMG was above 10K, but slowly went down until 1500 sat.
The last year it keeps climbing (mostly) slowly.
Looking at other coins, the pump and dump seems to be necessary to grow.
The coin gets attention by the exchanges when there's a pump and dump.
And attention is the engine for growth.