$MYX is the native cryptocurrency of MYX Finance, running on the BNB Smart Chain, with a total supply of 1 billion coins and a current circulating supply of about 125 million coins.
The platform is a decentralized derivatives exchange that has gained attention for its smart funding rates, risk hedging mechanisms, and zero slippage trading. MYX can be used for governance voting, reducing trading fees, and plays a key role in the platform ecosystem.
My basis for going long around 1.03 mainly comes from technical analysis and market logic. Technically, the 4-hour, daily, and weekly analyses all provide strong buy signals. After earlier adjustments, the price has stabilized at a key support level, with trading volume gradually increasing, indicating a sustained inflow of funds pushing prices upward;
From a market perspective, the DeFi heat is rising, and the demand for derivatives trading is growing. MYX Finance precisely meets this demand, and the platform's advantages attract fund attention. Although previous positive factors have not been fully released, they have already established support.
In my personal view, if fund inflows and market enthusiasm are maintained in the short term, MYX's price is expected to continue rising;
In the long term, if the platform continues to improve its ecosystem and attract more users, MYX has the potential for appreciation, but it is essential to closely monitor market dynamics, platform progress, and macro factors.
Want to get timely tracking of MYX key price points and fund flow analysis? Raise your hand below so that Li Ge can see you! Let’s grasp potential opportunities in the crypto market and accurately understand market rhythms.