News
Significance:
6/10

MYX rallies 200%, wipes $48.7M from shorts liquidating more than BTC & ETH as volumes surpass XRP

https://cryptoslate.com/myx-rallies-200-wipes-48-7m-from-shorts-liquidating-more-than-btc-eth-as-volumes-surpass-xrp

Oluwapelumi Adejumo

Mentions

Sentiments

Target
Sentiment
Comment
Bullish
The token surged 200% in 24 hours and has delivered over 18,000% gains since launch.
Bearish
BTC saw $39 million in liquidations, less than MYX's $48.7 million.
Bullish
MYX Finance's decentralized perpetual exchange has attracted significant trading volume and liquidity.
Bearish
ETH saw $48.5 million in liquidations, slightly less than MYX's $48.7 million.
Bearish
Market watchers express skepticism over potential manipulation driving the price surge.