💦💦This Altcoin, Which Binance Signaled for Listing, First Pumped Greatly, Then Got Dumped! Here’s Everything We Know…💦💦

Sudden rises and falls are frequently experienced in the cryptocurrency market. While these rapid increases bring smiles to investors, sudden price declines can lead to significant losses. Recently, one of these movements occurred with the altcoin named MYX Finance (MYX), a non-custodial trading platform. MYX Finance showed an extraordinary value increase of 477% in just one day, rising its price to $2.09 and breaking a new record.

One of the most important factors in this sharp rise was MYX’s listing on major cryptocurrency exchanges like “Binance Alpha.” The listings facilitated the purchase of MYX and the increasing demand caused the price to rise rapidly.

Experts state that another reason for the price increase is a short squeeze. Despite many investors taking positions predicting that MYX would lose value, this assumption was proven wrong with the sudden rise.

However, this rapid climb didn’t last long. As the price increased, many investors started selling to realize their profits, which led to a significant correction in MYX.

Additionally, MYX’s Relative Strength Index (RSI) reached a very high level of 97.45, indicating an overbought region and intense speculation.

All these factors triggered a sudden drop in MYX's price, and the token fell below $1. Afterward, MYX recovered and is currently trading at around $1.8.

Dear friends, do not hesitate to provide your free support. I am trying to bring such news to you instantly. My only request is that if there are still those who do not follow me, I would be happy if you do. Don’t forget to like my articles and posts. Thank you.