Why Is Majic Wheels (MJWL) Stock Increasing Today?

Majic Wheels Corp (OTCPk: MJWL) stock was up 7.01% to $0.03585 at the last check today after an acquisition move. During the day trading on Friday, stock prices ranged from $0.0340 to $0.0375 as a total of 0.68 million shares changed hands.

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What MJWL has been securing?

Majic Wheels (MJWL) has reported that it has gotten a greater part interest in Panaesha Capital Exchange (PCEX). This follows its letter of aim (LOI) to gain the main advanced resources trade last October.

  • The worldwide group behind Majic Wheels positions itself as a significant power player in forward-looking, troublesome enterprises like Fintech, Insurtech, and programming improvement.
  • The MJWL group through consolidations and acquisitions is eager to use PCEX’s clever methodology and versatile model inside the Fintech space.
  • Sent off by Panaesha Capital, PCEX is the principal Indian crypto agent to acquaint the B2B Franchise Model with the digital currency industry, effectively producing an organization of more than 250 establishments and 40 satellite workplaces all through India.
  • Gotten by means of an SPV, under MJWL’s completely claimed auxiliary, CGCX, PCEX is established on a novel, inventive participation idea for crypto financial backers, fans, or crypto-related new companies.
  • CGCX coins have been exchanging on the PCEX stage since 1 March 2022, with incredibly uplifting results.
  • Both PCEX and CGCX are set to go on with noteworthy development, in light of India’s rising interest in – and reception of – crypto.
  • PCEX imagines the trade as an apparatus to engage business people and organizations hoping to layout an impression in the crypto space and referred to its plan of action as a finish of that vision.
  • PCEX offers its exchanging individuals remarkable benefits, including IT and specialized help, promoting help, higher liquidity, advancement and configuration help for web and portable stages, and an unequaled income share rate.

How MJWL will push forward?

Through the joined power and capability of CGCX and PCEX, the Majic Wheels (MJWL) group expects an astonishing year ahead additional cementing itself inside the blockchain market. MJWL additionally sees crypto arising as a well-known resource class and standard venture road in India, particularly among youthful workers.