đ Why Did $MYX Pump?
Over the past few days, MYX token shocked the market with a huge rally. Here are the main reasons behind the surge đ
1ïžâŁ V2 Upgrade Hype â The upcoming MYX V2 promises zero-slippage trades, cross-chain features, and deeper liquidity. Traders are excited.
2ïžâŁ Exchange Listings â New listings on top CEXs (Binance Alpha, Bitget, MEXC) brought in fresh liquidity & visibility.
3ïžâŁ Short Squeeze â Over $14M worth of shorts got liquidated, forcing buybacks and fueling the pump.
4ïžâŁ Token Unlock â 39M tokens unlocked during the rally. Some analysts warn this could mean insider selling đ.
5ïžâŁ Derivatives Frenzy â Perps volume jumped into the billions and open interest doubled, adding to wild volatility.
â ïž Takeaway: A mix of hype, listings, liquidations, and leverage drove the move. But with token unlocks + manipulation concerns, traders should stay cautious.
đ What do you think â is $MYX just getting started, or was this a classic pump & dump?