The increase of #MYRO is nearly 20%, trading is active, but hidden risks lurk beneath the high heat.
It is clear that the contract is in fierce competition between bulls and bears, retail investors are optimistic while the real big funds are cautious, and short-term correction pressure is gradually showing.
As the 'Dogecoin' of the Solana ecosystem, MYRO lacks practical application support, has a small market cap, low liquidity, and its price is easily manipulated. The drop from its historical peak to the current price already indicates the danger of speculative bubbles.
Subsequent short-term speculation may continue, but the high leverage and low transparency of contracts will increase risks exponentially. It is important to remain calm and avoid blindly chasing the rise.
After all, after the carnival, when the tide goes out, the naked swimmers will eventually reveal themselves.
If you are feeling a bit confused or need more guidance, feel free to reach out to me anytime, and I will provide you with a detailed analysis!
