1. Recent price performance (since the beginning of August 2025):
Rocketing rise: The MYX currency experienced a massive surge in the first week of August 2025, with its price jumping from less than $0.10 to over $2.10. This increase represents gains of over 20 times in a very short period.
Potential correction: Following this rise, the price experienced some fluctuations and corrections. Some analyses suggest that this sudden increase may have been driven by whale activity (large investors) or abnormal trading changes.
Daily, weekly, and monthly changes: Recent data shows that the currency has seen an increase in weekly performance, but it has shown a decline in its monthly performance compared to prices before the recent rise.
2. Key factors affecting the price of MYX:
MYX Decentralized Exchange (DEX): The MYX decentralized platform and its upcoming updates are among the key drivers behind the growing interest in the currency. The platform features unique characteristics such as the 'Matching Pool Mechanism' (MPM), which allows for trades to be executed without slippage, and offers high leverage of up to 50x.
Trading volume and market capitalization: MYX has seen a significant increase in daily trading volume, indicating strong interest from traders. Its market cap has also risen significantly, putting it in the spotlight.
Circulating supply: The total maximum supply of the currency is 1 billion MYX, while the current circulating supply is approximately 124.76 million MYX. This indicates that a large number of coins have not yet been released, which may affect the price in the future.