MYX (MYX Finance) rose 49.04% in the last 24 hours.

Gate News Bot news, September 28, according to CoinMarketCap data, as of the time of writing, MYX (MYX Finance) is currently priced at $14.63, with a 49.04% rise in the last 24 hours, reaching a high of $15.08 and a low of $8.60. The 24-hour volume has reached $374 million. The current market capitalization is approximately $2.883 billion, an increase of $949 million compared to yesterday.

MYX Finance is a decentralized trading platform that supports perpetual contract trading, cross-chain asset exchange, copy trading, and other decentralized financial services. The platform provides services on multiple blockchains such as ARB, LINEA, and OPBNB through smart contracts, without offering asset custody; user assets are managed by the users themselves. MYX is currently conducting an airdrop campaign, allowing users to receive MYX token rewards.

Important news about MYX recently:

1️⃣ The market heat has significantly risen

MYX Finance has risen to the top of the hot ranking in the past 24 hours, with a significant pump of 49.70%, reaching $14.57. This strong performance reflects the market's high attention and positive sentiment towards MYX.

2️⃣ volume surge

The 24-hour volume of MYX surged to $374 million, nearly doubling from the previous $188 million. The significant increase in trading activity indicates a substantial rise in investor interest in MYX, which may be an important factor driving the price pump.

3️⃣ market capitalization rapid rise

The market capitalization of MYX has risen from $1.817 billion to $2.883 billion in a short period, an increase of 58.67%. This significant rise in market capitalization not only reflects the pump in price but also demonstrates the market's re-evaluation of the overall value of the MYX project.

From a technical perspective, MYX has shown a strong rebound after a previous correction, breaking through previous highs and setting a new high, indicating strong upward momentum. However, considering the sharp rise in the short term, investors should be cautious of potential correction risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.