MYX Finance Price Explosion Ignites Market Frenzy as Smart Money Pours Into Revolutionary Wallet Token Presale
MYX Finance's token rockets upward—sparking both euphoria and skepticism across crypto circles.
Smart money already rotates toward what insiders call the next big thing: an emerging wallet token presale claiming to revolutionize digital asset storage.
Timing or pure speculation? Either way, traders aren’t waiting to find out.
Fueling the fire: whispers of institutional interest and a tokenomics model that actually rewards holders—not just VCs.
Yet critics warn: another ‘narrative pump’ in a market obsessed with shiny new objects. Because when has chasing hype ever gone wrong in crypto?
MYX Whales Show Signs of Exhaustion as the Token Hits New All-Time Highs
As a non-custodial derivatives exchange that supports assets from over 20 chains, MYX Finance enjoys strong visibility among locked-in traders. Designed to streamline trading processes and introduce zero-slippage trading in its upcoming V2 update, MYX Finance is a strong competitor to existing solutions.
Although it started September priced at just $1.20, the platform’s native token, MYX, skyrocketed to $7.67 today. While the rally can largely be attributed to the HYPE surrounding MYX Finance’s upcoming upgrade, analysts have identified several signs of potential manipulation.
For instance, MrsBeast DeFi, a technical analyst, believes the MYX price chart was heavily manipulated to liquidate short traders. She believes MYX will face a brutal correction once the pump ends, anticipating a dip below $1.
Sold a big bag of $MYX
Now its time to send it back below $1 👀$MYX is the proof how MM can manipulate the price chart just to liquidate max 👊 pic.twitter.com/ipD71lTyvd
— MrsBeast DeFi (@MrsbeastD) September 8, 2025
Over the past 24 hours, short liquidations amounted to $12 million, with open interest in MYX rising by 150%. Despite the token’s volatile upward trajectory, its long/short ratio remains at 0.3, meaning over 77% of traders are shorting it.
Plus, the token’s aggregated funding rate stands at -0.36, indicating bearish pressure. Likewise, its Relative Strength Index (RSI) of 82.65 shows that the token’s room for growth is narrowing as its market cap exceeds $1.4 billion.
However, MYX is showing no signs of slowing down as its early holders are in the process of receiving nearly 39 million tokens via unlocks. A similar scenario occurred in August, when MYX surged from $0.1 to $1.99 in just 17 days. Right after the pump, a mass sell-off of unlocked tokens took place, with MYX halving in value.
Market commentators have also noted that one MYX whale has started gradually selling their holdings. Executing multiple small transactions, the whale sold $20,000 worth of MYX. If other major MYX holders start following suit, the token could suddenly repeat its August performance.
Calling MYX’s gains a “controlled pump,” the crypto expert Dominic believes those behind it could soon orchestrate another price crash. Highlighting that the current surge isn’t organic, he is confident that a large sell-off by insiders will follow soon.
Amid the uncertainty surrounding MYX, investors are redirecting their focus toward Best Wallet Token (BEST), a project that’s yet to realize its full potential.
Demand for Best Wallet Token Surges Ahead of Launch
While MYX’s dramatic gains are being overshadowed by manipulation concerns and looming token unlocks, Best Wallet Token charts a different course. It’s quietly raised over $15.6 million in its ongoing presale, and is designed to serve the needs of the most dedicated crypto users and enthusiasts.
In simple terms, BEST is set to launch as the native token of Best Wallet – the fastest-growing non-custodial crypto wallet today. Once released, BEST will enhance most of Best Wallet’s features. For example, its holders will enjoy lower transaction fees while using Best Wallet’s integrated Best DEX, and the platform’s upcoming crypto debit card.
Via Best DEX, Best Wallet users can already access some of the best rates while swapping crypto across over 60 blockchains, 330 DEXs, and 30 bridges.
Additionally, BEST’s holders will gain access to “Stage 0” presales via its Upcoming Tokens feature. That means they’ll have an edge over the broader market participants by entering promising projects on the ground floor.
Calling Best Wallet the “best crypto wallet,” 99Bitcoins’ experts believe this project will continue growing at a rapid pace this year.
The 99Bitcoins team also notes that Best Wallet will introduce derivatives trading, a staking aggregator, and more as it progresses through its roadmap. Already appearing as a strong alternative to MYX and similar utility tokens, BEST’s strong early momentum could result in an explosive launch.
Visit Best Wallet Token Presale
