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MYX Token Surges 90x In One Month Amid Manipulation Criticism

2 days ago
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Prior to now 24 hours, the MYX token has seen a large pump. The anticipated acquire is greater than 266%. The token worth pumped from round $1.3 to as excessive as $13.18.

A 90,000% MYX Token Pump

From August 2025, the MYX token traded round $0.16. With its present peak, the MYX token has skyrocketed to a brand new ATH of $14.4, implying a 90x enhance. We see it as a staggering transfer for the market.

We’re thrilled to announce the NEW Itemizing of $WLFI @worldlibertyfi on MYX Trade! 🌍

🔹 Buying and selling Pair: WLFI/USDT🔹 Leverage: As much as 50×🔹 Buying and selling Begins: September 5st, 13:00 (UTC) pic.twitter.com/eQWL2UABFC

— MYX.Finance (@MYX_Finance) September 5, 2025

The principle drivers behind this rally seem like the itemizing of WLFI on the MYX change and hype across the upcoming V2 improve. On the identical time, derivatives knowledge exhibits a powerful quick squeeze with the funding fee spiking onerous: over $10–14 million in brief positions had been liquidated, with buying and selling quantity in contracts exceeding $4 billion, fueling the speedy climb.

A 90,000% MYX Token Pump

Supply: Coinglass

MYX tokenomics, a current unlock launched about 39.36 million MYX (round 3.9% of provide) at nearly the identical time as the value rally, which sparked suspicion of insider promoting.

A 90,000% MYX Token PumpA 90,000% MYX Token Pump

MYX Token Unlocks

On-chain watchers additionally pointed to coordinated shopping for throughout a number of exchanges, a sample usually tied to pump-and-dump strikes.

Some individuals want jail time for actual, at present there the place some questionable actions happening with $MYX Right here’s a extra detailed breakdown displaying why $MYX appears to be like manipulated and why merchants ought to keep away from it:

A number of purple flags I observed myself that time to manipulation and insider…

— Dominic(evm/acc)💭 (@0xD0M_) September 7, 2025

At present, when wanting on the RSI metric, we see that it’s above 90. Which clearly means an overbought sign. When shopping for at this worth degree, retail buyers face a particularly excessive danger of a pointy drop. Merchants are suggested to remain cautious. Nonetheless, the short-term positive aspects are engaging, and the rally may simply lure in additional consumers. The hazard is that this bounce could also be extra of a bullish lure than the beginning of an actual long-term pattern.

Whales Recreation – Historical past Repeats?

Prior to now, we’ve seen this sort of transfer earlier than. LUNA in 2021 and APT in 2022 each pumped onerous and worn out merchants who went quick too quickly. Extra lately, tokens like HYPE from Hyperliquid, EtherFi, and even DOGS had sharp runs that seemed the identical.

This system works like sudden whale strikes that punish some “particular” small gamers. To many, MYX’s rally appears like one other spherical of the identical “whales recreation,” the place FOMO shorts get crushed and insiders stroll away with earnings.

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Tags: 90xCriticismManipulationMonthMYXSurgesToken
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