Over the last 48h, $MYX exploded from $7 to $17+ a parabolic move that caught everyone’s eye 👀
But what’s really behind this rally? Let’s break it down 👇
1/ Trading Volume Surge
24h volume skyrocketed past $800M, with Bitget handling over 66% of trades. Liquidity flood = price acceleration.
2/ Major Listings
$MYX got listed on Binance Alpha, plus hype from the upcoming WLFI (Trump token) listing on their platform. Visibility = FOMO.
2/ Protocol Upgrade (V2)
The community is waiting for slippage-free swaps + cross-chain support. Future roadmap always fuels speculation.
4/ Recognition
MYX won the BNB Chain Annual Award in the “Volume Powerhouse” category. Extra credibility for newcomers.
5/ Short Squeeze Effect
Bearish traders got rekt. Liquidations of huge short positions pushed MYX even higher in a cascade rally.
6/ FOMO & Momentum
Chartists are piling in, RSI > 90 (super overbought). Everyone chasing green candles.
7/ The Risk
Analysts warn about possible manipulation:
Token unlocks timed with rally (39M MYX released)
Wash trading patterns spotted
Pump-and-dump fears rising
8/ Takeaway
MYX rally is driven by hype, listings, and speculation… but risks are huge.
Trade with caution. Use stops. Don’t be exit liquidity.
10/ What do you think, genuine breakout or orchestrated pump? 🤔
Always DYOR and size accordingly. NFA!
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