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Attention: On November 14th at 5:00 PM, a major exchange will delist MYRO and 1000X perpetual contracts—automatic liquidation will occur, and they will be taken off the platform. Trading will be halted starting at 4:30 PM, so do not add to your positions; avoid forced liquidation by handling it in advance.
MYRO is the meme coin on Solana, currently trading at $0.05 with a 24-hour trading volume of only $2 million; 1000X is even worse, priced at $0.003 with a trading volume under $500,000. The liquidity for both tokens has basically dried up, so delisting is expected. The issue is that MYRO's contract holdings still have $8 million, and 1000X has $3 million. On the 14th, forced liquidation could cause the price to drop by 10%-15%.
If other major platforms haven't delisted these tokens, there could theoretically be price discrepancies. However, with such poor liquidity, arbitrage opportunities are mostly theoretical. Holders of these contracts must close their positions before 4:30 PM on the 14th; don't wait until the last minute to avoid being caught off guard. Spot users can transfer their holdings to other exchanges or store them in their own wallets.
Finally, a reminder: do not attempt to open new positions before delisting, as liquidity will be exhausted, and entering such pools is essentially throwing money away.