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MYX is now 0.072u. We analyzed it from 0.085u, and it’s been falling the whole way—never stopped.
During this time, the broader market is rising: BTC climbed from 5.8万u back to 6.47万u. Other coins bounced to varying degrees, but MYX gives no respect at all—if it’s going to drop, it still drops.
When a coin can’t even move up at the best time in the market, it shows the problem isn’t the market—it’s with itself. There have been people inside constantly dumping inventory outward.
None of the things mentioned before have changed: big wallets are moving chips, unlocks are lining up, the market cap has been propped up to several hundred million, yet the daily fees earned are only just over $100. The contrast is right there.
In the short term, support at 0.06u is the final line—that’s the last support we’ve mentioned several times. It’s not far off now.
If it holds, there could be a pullback, but that kind of pullback is for people to sell out—not because the market has turned around.
Once it breaks 0.06u, that’s a new low—nothing below can catch it #MYX $MYX