$MY $MY My personal opinion is that MY will not surge significantly; where is the logic in that?


First, all ecological projects are built on the BNB chain, without bringing traffic to their own MYBX exchange. You can go ask Liu Yuan for guidance; CoinEx did it well.
Second, there are very, very many MY tokens in the market, with more held by big players. The market is afraid to buy the dip, fearing that big players will keep selling to cash out; big players are afraid to push the price up, fearing market sell-offs for cashing out. The $0.1 mark has become a very awkward threshold for MY, with the price unable to rise for a long time. The market loses confidence and wants to sell, big players also want to sell, and the price naturally falls to new lows. Regarding the hype around listing on U.S. stock exchanges, big players are choosing whether to cash out continuously below $0.09 using the hype, or to see if it can break through $0.1. The answer will be clear in the past two months.
Third, MY has not shown the market a highlight moment in terms of value, nor has it created effective speculative emotions. It even involves ecological projects that promote MY participation and promise fivefold returns, which only results in more MY flowing into the market. The price will only keep decreasing. It is not recommended to speculate on this coin.
MY-0.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned