MYX recently suddenly surged by 3.13%, which at first glance seems quite impressive, but a deeper look reveals some awkwardness.
Over the past half day, I checked X, Reddit, Telegram, and major news sources, but didn't see any substantial positive news—no institutional buy-in announcements, no concrete partnership news. Just a sudden rise without any clear reason, which is indeed a bit strange.
The community is quite lively, with the sentiment index soaring to 83% positive. On the surface, that sounds good, but the key question is: where did this hype come from? Looking through interaction records, honestly, it’s been lukewarm, more like the market is just self-entertaining. Without real news-driven catalysts, it’s all just psychological expectations pushing the price up.
From an operational perspective, this kind of rise is actually quite risky. It’s a typical FOMO trap—seeing others profit, wanting to follow in, and ending up being the last to buy in. The possibility of a pump-and-dump is quite high, and the risk-to-reward ratio is completely unbalanced.
My advice is to stay cautious. Wait and see if there’s any genuine news support later; if not, this wave might just be a flash in the pan.
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.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
JustHereForMemes
· 14h ago
Once again, this is a rise without any news, the best way to harvest the retail investors.
View OriginalReply0
HashRateHermit
· 14h ago
Here we go again with this routine—just a 3-point increase and already hyping it up? I checked the news sources, and there's nothing substantial; it's purely psychological expectations playing there. It's too risky.
View OriginalReply0
ImpermanentTherapist
· 14h ago
Damn, it's the same old story again, hype + emotional manipulation, I've seen it too many times.
View OriginalReply0
tokenomics_truther
· 14h ago
Here we go again, a sudden surge out of nowhere... it looks like someone is just hyping it up.
Rising without news or institutional updates, this is thanks to the high sentiment index, or else how would they hype themselves up?
The last position to buy in is almost gone, just waiting to see who will be the last one.
View OriginalReply0
UncommonNPC
· 14h ago
It's the same old trick again—rising out of nowhere without any news, daring to push in. Are you really tired of this? Haha
MYX recently suddenly surged by 3.13%, which at first glance seems quite impressive, but a deeper look reveals some awkwardness.
Over the past half day, I checked X, Reddit, Telegram, and major news sources, but didn't see any substantial positive news—no institutional buy-in announcements, no concrete partnership news. Just a sudden rise without any clear reason, which is indeed a bit strange.
The community is quite lively, with the sentiment index soaring to 83% positive. On the surface, that sounds good, but the key question is: where did this hype come from? Looking through interaction records, honestly, it’s been lukewarm, more like the market is just self-entertaining. Without real news-driven catalysts, it’s all just psychological expectations pushing the price up.
From an operational perspective, this kind of rise is actually quite risky. It’s a typical FOMO trap—seeing others profit, wanting to follow in, and ending up being the last to buy in. The possibility of a pump-and-dump is quite high, and the risk-to-reward ratio is completely unbalanced.
My advice is to stay cautious. Wait and see if there’s any genuine news support later; if not, this wave might just be a flash in the pan.