In 10 days, MYX exploded by 2.3 times. Why such a hype coin? Why is it so aggressive!
To be honest, this coin has a bad reputation. During the early inscription era, it harvested a lot, and the complaints online have been endless. However, the subsequent CEO announced a compensation plan, which slightly calmed things down! Then they launched alpha airdrop, which was actually a forced move!
If it weren't for Binance's large alpha pool, the compensation might not have come so quickly!
It's a pity that newcomers don't see the old ones crying; the internet has no memory, a new generation replaces the old!
That said, this time the track chosen is pretty good!
The circulating market value is 18.88 million, still not high, with liquidity of 3.7 million dollars, which is standard; there's still room for growth. There are 20,000 holding addresses, which is not a lot and hasn’t triggered a complete market FOMO yet. It has been almost 2 months since the alpha launched; let's not discuss how sustainable it is for now. As long as the peak is high enough, there will still be very good performance for further dips! At that time, we can take the opportunity to look for a second peak after the top of this wave, which will be pretty certain by then!
@MYX Finance is the industry's first chain abstract derivatives trading protocol, dedicated to breaking the performance advantages of centralized exchanges and the barriers between DeFi self-custody, realizing the vision of 'everyone can trade Alpha.' Through chain abstraction technology and a dual-account model, users can open positions and trade with assets on any chain without cross-chain or frequent signing, ensuring a fast and smooth trading process while always maintaining asset ownership.
Currently, MYX Finance supports mainstream networks like BNB Chain, Linea, Arbitrum, and is building a chain abstract liquidity layer in the DeFi world to create a more open and efficient on-chain derivatives market.
Dear friends, DYOR!
