Let's compete with $MYX
๐ MYX Finance is a decentralized derivatives exchange allowing perpetual trading across multiple chains.
๐ In early August, MYX skyrocketed over 700%, hitting an all-time high of ~$2.41 before settling near $1.9.
โ ๏ธ Technicals show a bullish trend, but an RSI above 90 warns itโs extremely overbought.
๐ผ On-chain data reveals most volume comes from a few big wallets, raising manipulation concerns.
๐ก๏ธ Traders should stay cautious, set stop-losses, and watch for large-holder moves to avoid sharp drops.