{"id":16810,"date":"2025-09-08T17:02:16","date_gmt":"2025-09-08T16:02:16","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=16810"},"modified":"2025-09-08T17:02:50","modified_gmt":"2025-09-08T16:02:50","slug":"myx-finance-myx-skyrockets-167-pct-pump-dump-opportunity","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/myx-finance-myx-skyrockets-167-pct-pump-dump-opportunity\/","title":{"rendered":"MYX Finance (MYX) Skyrockets by 167%: Is it a “Pump and Dump” or an Opportunity?"},"content":{"rendered":"\n

MYX Finance (MYX) Skyrockets<\/h2>\n\n\n\n

MYX Finance (MYX) has recently displayed extraordinary performance, surging over 167%<\/strong> in just 24 hours. The token<\/a> reached a new all-time high of $3.78<\/strong>, before stabilizing around $3.56<\/strong> at the time of writing. This meteoric rise has propelled the project’s market capitalization beyond $450 million<\/strong>.<\/p>\n\n\n\n

\"139196\"<\/figure>\n\n\n\n

CoinGecko data also shows that daily trading volume has jumped by 1,318%<\/strong>, reaching nearly $313 million<\/strong>. The majority of this activity (66%) took place on the Bitget<\/a> platform, a reputable cryptocurrency<\/a> exchange.<\/p>\n\n\n\n

Pump and Dump Concerns Loom Over MYX<\/h2>\n\n\n\n

However, this rapid ascent raises questions. Some crypto<\/a> analysts believe this surge could be the result of market manipulation tactics<\/strong>, an issue previously raised about MYX Finance.<\/p>\n\n\n\n

In a detailed post on X, analyst Dominic highlighted several troubling elements. He points to a substantial increase in perpetual exchange volumes that seem disproportionate to the project’s actual size and liquidity. Furthermore, he notes that nearly 39 million tokens<\/strong> were unlocked at the exact moment prices were soaring, a suspicious timing.<\/p>\n\n\n\n

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“Based on on-chain data, we can see multiple small purchases converging to a central wallet, as well as identical patterns across PancakeSwap, Bitget, and Binance<\/a>. This leaves only one conclusion: this is an orchestrated manipulation designed to trap retail investors,” Dominic emphasized.<\/p>\n<\/blockquote>\n\n\n\n

The Risky Bet on a Token Amid Speculative Storm<\/h2>\n\n\n\n

Nevertheless, other analysts report that MYX hasn’t experienced unusual activity from “whales,” with few massive sell-offs<\/strong>. This could indicate that major holders aren’t looking to drive down the price in the short term<\/strong>.<\/p>\n\n\n\n

Thus, the current picture appears complex. On one hand, trading volumes and price surges demonstrate genuine market enthusiasm. But on the other, analysts raise legitimate concerns about possible manipulations<\/strong>.<\/p>\n\n\n\n

The crypto community now waits to see whether this surge marks a sustainable breakthrough or is merely the prelude to a brutal correction<\/strong>. Until then, the debate about the legitimacy of this growth remains open.<\/p>\n\n\n\n

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