Why has MYX exploded 2.3 times in 10 days? What kind of coin is this? Why is it so fierce!
To be honest, this coin has a bad reputation. In the early days of the inscription era, it made a huge profit, and to this day, the online criticism is relentless. However, the CEO later announced a compensation plan, which slightly calmed the situation! Then came the alpha airdrop, which was actually a forced move!
If it weren't for Binance's large alpha pool, the compensation wouldn't have happened so quickly!
It's a pity that newcomers don't see the old ones cry; the internet has no memory, and a new generation replaces the old!
That said, the choice of this track is quite good!
With a circulating market value of 18.88 million, it's still not high, and a liquidity of 3.7 million dollars is average. There is still room for growth, with 20,000 holding addresses, which is not many and has not yet triggered a complete FOMO in the market. It has been nearly 2 months since the alpha launch, and without discussing how sustainable it is, as long as the high point is high enough, subsequent dips will still show very good performance! By then, we can take the opportunity to look for a second peak after the initial high point, which should be quite secure by that time!