Could MYX Finance’s 1240% Surge Actually Be a Clever Crypto Mirage? 😱

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In what can only be described as a miraculous feat, MYX, the native cryptocurrency of MYX Finance, has skyrocketed-wait for it-1240% in a week! You heard that right. It has now hit an all-time high of $17.94, and it takes an impressive number of hot wings to achieve such giddiness.

On September 9, this little nugget of digital currency saw its market cap surge to a dizzying $3.35 billion, after barely breaking through the $200 million mark a mere week prior. Who needs a financial advisor when you have a rollercoaster ride like this?

MYX is the cryptocurrency equivalent of that kid who suddenly becomes popular after a growth spurt-only this time, it’s a non-custodial derivatives exchange. One can only imagine how it’s been feeling, sitting in the crypto corner, tossing back nachos and waiting for its moment to shine.

What’s Behind the MYX Finance Price Rally?

Believe it or not, at the start of September, MYX was about as well-known as the neighborhood cat-you might see it around, but you wouldn’t say hello. Now, however, it’s practically the belle of the ball. The price explosion can be traced back to some catalysts that sound like they were pulled straight from a sci-fi movie: an upcoming V2 protocol upgrade promising zero-slippage trading, improved cross-chain support, and user experiences so streamlined they could practically slide down a hill.

Massive token listings like World Liberty Financial (WLFI) have poured fresh liquidity into the exchange. Apparently, this liquidity is what makes the crypto world go ’round-or at least sticky like last week’s pancake breakfast.

According to Coinglass (which should probably come with a side of caution and a cup of coffee), derivatives activity for MYX Finance has gone through the roof, reaching open interest levels that would make a seasoned trader weep with both joy and fear.

You’ll be thrilled to learn that MYX Finance processed a jaw-dropping $10.3 billion in assets just in August, up from $1.6 billion in February. I’d call that a comeback if not for the fact that it’s more like a swan dive into a pool of champagne. 🍾🥂

MYX Price Shows Overbought Conditions

After its massive 1200% price rally over the last two days, experts are like those cautious parents you never wanted to call but always ended up needing-warning investors to hit the brakes before racing out with their wallets. Who can blame them? Rapid gains are like eating ten-day-old sushi; you could either live the dream or face some unfortunate consequences.

MYX price sees parabolic rally. | Source: Tradingview

Some analysts are waving red flags, suggesting that the gains could lead to a rug pull or a sudden drop more dramatic than your average soap opera climax. So, what do they say? Stay aware, my friends!

$MYX hitting $2.6B with zero dev activity is peak 2025 crypto

– dead GitHub repo- no community- no fundamentals- it literally jumped into the top 50 by doing… nothing?

either massive insider play or we’re about to witness the most epic rug in history

this won’t end well

– Budhil Vyas (@BudhilVyas) September 9, 2025

Some experts are scratching their heads, pondering the delightful mix of profit-taking and heavy pressure on the altcoin market. From what I can gather, the MYX price is performing a dance of market manipulation that would make even the greasiest politician proud. 🕺

$MYX

After yesterday’s absurd run, I’ve started scaling into shorts.

The price action is not justified (at least for now):- We’re hitting the range high of the parallel logarithmic channel- Multiple liquidation clusters are building below- This was pure market manipulation…

– Dry Martini (@drymartini777) September 9, 2025

Oh, and there are two other cryptocurrencies, MemeCore and Virtuals Protocol, that also seem to be experiencing an uptick in selling pressure. I can only assume they are in cahoots plotting their next stunts.

Snorter Bot to Hit the $4 Million Milestone Soon

Meanwhile, Snorter Bot ($SNORT)-yes, you heard correctly, the Telegram-based trading assistant that sounds like it should be accompanied by a clown car-has raised over $3.8 million in its presale. I mean, who can resist a crypto project with a name like that?

Brought into existence on the Solana network for those who enjoy lightning-fast, low-fee trades, the platform keeps the meme-coin spirit alive while arming users with powerful trading tools-think of it as the Swiss Army knife you didn’t know you needed, but wish you had when your cat knocked over your coffee.

With features like near-instant swaps and the holy grail of front-running resistance, SNORT holders can expect premium perks and up to 122% staking rewards. For the discerning investor with a soft spot for the absurd, this is your golden ticket.

With a fixed supply of 500 million tokens and plans to expand into Ethereum, BNB Chain, and beyond, Snorter Bot is making advanced trading feel like a day at an amusement park (minus the long lines). 🎢

Presale Details of Snorter Bot

  • Token Symbol: $SNORT
  • Price: $0.1039
  • Funds Raised: $3.8 million
  • Network: Solana

Be sure to check out their official site to catch all the juicy updates on Snorter Bot’s launch date. It’s like waiting for your favorite band to announce a reunion tour-only nerdier and with even less chance of securing a decent parking spot.

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2025-09-09 20:44