Explosive! This coin surged 500%, taking off directly, and the wealth alarm in the crypto circle has been sounded!
Good afternoon, brothers! This wave of market directly breaks through the ceiling, contract leverage flying everywhere, and new players flooding in, the legend of hundredfold coins is back in action.
Are you the seasoned veteran sitting firmly on the fishing platform, or a fresh recruit rushing in? Did you keep up with this tornado?
$MYX surged 500% in 3 days! The price jumped from 0.116 to 0.79, with a market value of 661 million USD, completely breaking through historical highs and entering a resistance-free zone.
The core reason for the surge is that large institutions have locked up over 300,000 MYX, node yields are all burned coins, retail investors are locking up with an annualized return of 15-20%, and circulation is rapidly shrinking. Coupled with the official blood transfusion from BNB Chain, cross-chain expectations from Solana, and the airdrop countdown on August 9, speculative funds are pouring in madly.
The 24-hour turnover rate exceeds 150%, with a circulation rate of only 9.43%, and concentrated chips are easily manipulated; RSI exceeds 95, short-term adjustment pressure is high, key support is at 0.58-0.6. In addition, dYdX V4 is about to go live, intensifying competition; TVL and market value are mismatched.
In terms of operation, for those with costs below 0.3, sell 70% to lock in profits and keep a base position to bet on the airdrop; those looking to buy the dip should wait for stabilization at 0.58-0.6, and if it drops, watch for 0.45. Focus on the coin burning data and movements of large holders after the airdrop ends on August 9. In the medium to long term, if daily burning exceeds 800,000 pieces, the target looks towards 1, but verification of technical implementation and institutional lock-up volume is needed.
Prices are entirely driven by sentiment and money-burning stories, detached from fundamentals. Monitor on-chain data in real-time, do not chase highs, and strictly adhere to stop-losses.
Is the next opportunity for a hundredfold gain far away? Altcoins will usher in an unprecedented explosion, and I have already listed strong coin bottoming strategies, which will be publicly shared soon. If you want to seize this opportunity, feel free to join directly.
