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Details: ht
#MYX#
🔎 Factors that drive the price of MYX
The current pump is a mix:
1. listing of WLFI on the platform,
2. V2 announcements,
3. liquidation of shorts (short squeeze),
4. token unlocks ( part already on the market ).
The volumes have soared above $600–800 million in a day, which provided liquidity and fueled the hype. But this is abnormally high for a project without mass adoption.
Social sentiment - Twitter and Discord are overheated: a bunch of posts "MYX = new 100x", which is typical for the euphoria phase.
On-chain and unlock - the September unlock could significantly crash the market.
🎯 Possible price levels
Technical ceiling on the current impulse
If the volumes are maintained and the squeeze continues: $20–25. These are the levels where the rise will start to hit liquidity and stiff selling from early holders.
Hype extreme
If the market is still pumped by funds/market makers, we could see candles in the $30–35 zone based on emotions. It will look like a "final blow-off top" — a quick spike and an equally sharp drop.
Realistic retention zone
After the pump and correction: $10–15 as the range where the token can stabilize ( if the project really works and releases update V2).
⚠️ Risks
Manipulation - signs of pump-and-dump are already present (unlock + pump in one day).
Liquidations will run out → growth will lose fuel.
Profit taking - funds and insiders can sell at each new "peak".
📝 Summary
The maximum possible peak for MYX during this pump is $25–35 (unlikely to hold, rather a short wick ).
More realistically — $20–25, if the hype lasts a couple of days.
After that, a sharp correction of at least 40-60% is almost inevitable.