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In just 2 days, a 100% surge! Today, the divine coin MYX presents an epic short squeeze drama once again. Let's take a look at what's happening!
MYX is the token of the on-chain derivatives platform MYXFinance, currently priced at 0.25, with a market cap of 250 million.
Launched in May, it has experienced a rollercoaster-like fluctuation for 3 months.
Over 50% of MYX's trading volume is on-chain; it is the Binance Alpha token, but the main battlefield is clearly on Binance contracts, with a staggering 900 million in trading volume within 24 hours, far exceeding its market cap.
MYX is being heavily shorted, with a fee rate of -0.74% and a settlement period of only 1 hour. This is a clear short squeeze, and it's uncertain whether this surge is at the tail end of the market.
It's worth noting that several KOLs stated today that there are doubts about the project's fundamentals.
However, the market makers are incredibly aggressive; the more you think it's worthless and short it, the more it rises.
MYX is surging in a way that makes people's hearts race, but remember to pay attention to the risks!
As the market continues to change, we must closely monitor market signals to seize new entry opportunities. Like + comment, follow Xing Ge Zhu Ye, and let's navigate the bull market together to seize this major opportunity!
#加密市场反弹 #美国加征关税 $MYX
MYX is the token of the on-chain derivatives platform MYXFinance, currently priced at 0.25, with a market cap of 250 million.
Launched in May, it has experienced a rollercoaster-like fluctuation for 3 months.
Over 50% of MYX's trading volume is on-chain; it is the Binance Alpha token, but the main battlefield is clearly on Binance contracts, with a staggering 900 million in trading volume within 24 hours, far exceeding its market cap.
MYX is being heavily shorted, with a fee rate of -0.74% and a settlement period of only 1 hour. This is a clear short squeeze, and it's uncertain whether this surge is at the tail end of the market.
It's worth noting that several KOLs stated today that there are doubts about the project's fundamentals.
However, the market makers are incredibly aggressive; the more you think it's worthless and short it, the more it rises.
MYX is surging in a way that makes people's hearts race, but remember to pay attention to the risks!
As the market continues to change, we must closely monitor market signals to seize new entry opportunities. Like + comment, follow Xing Ge Zhu Ye, and let's navigate the bull market together to seize this major opportunity!
#加密市场反弹 #美国加征关税 $MYX
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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