A Deep Dive into the Cryptocurrency MYX! Recent Situations Analyzed, Those Who Understand Have Made a Fortune
Family, today we must talk about the super hot MYX in the cryptocurrency world! The recent situation is simply more thrilling than a roller coaster 🎢
🔥 First, MYX Finance has launched on several mainstream platforms, which is big news! Binance Alpha has launched MYX, and Binance is one of the largest cryptocurrency exchanges in the world. Although it has launched in the relatively basic Alpha environment, it means that MYX has gained recognition in the mainstream market. At the same time, Gate.io's MemeBox has also launched MYX and organized a limited-time airdrop event. Users trading MYX can participate in a 500 GT airdrop, and this action has directly ignited trading enthusiasm, with a large influx of users and a surge in trading volume.
💰 From market data, MYX has performed impressively after its launch. On some exchanges, MYX's 24-hour increase expanded to 140%, and its market cap once reached 36.6 million USD. However, the risks in the cryptocurrency world should not be underestimated, as price volatility is the norm. Recently, the participating institution Hack VC sold and transferred MYX worth 2.157 million USD received from the airdrop claim contract, and this series of on-chain actions has raised market concerns about the price direction of MYX.
💡 MYX Finance, as a decentralized derivatives exchange, has its matching pool mechanism (MPM) as a major highlight. It achieves zero slippage trading, up to 50x leverage, low fees, and supports cross-chain trading. It has launched on Linea, Arbitrum, and BNB Chain, with a total locked value (TVL) of 41.15 million USD. This innovative model addresses many pain points of traditional DeFi trading, attracting the attention of numerous investors.
