$MYX Stay Clear
🚩🚩🚩 With tolenomics showing that insiders have a significant amount of the supply. Making it concentrated and not distributed as crypto projects should be! A concentrated supply leads to rapid price collapse This is a sure DUMP waiting to happen!
🚩🚩🚩Their overhyped MPM model is unproven lacks verification despite raising significant funds for their project.
🚩🚩🚩 Their contract remains unaudited from any credible audit firms and all these risks make it similar to the LOCK SCAM.
🚩🚩🚩 Opaque governance structure. Governance is vaguely described as “community voting on fees,” but no clear framework or smart contract details are public. Without accountability, insiders are likely to manipulate decisions, increasing the risk of a dump if they exit with profits.
Investors should avoid MYX until wallet transparency and MPM validation emerge to mitigate dump risks.