MYX Tests All-Time High: 200% Surge Sparks Correction Fears

MYX rockets to unprecedented levels—then faces the brutal reality of crypto gravity.

The Anatomy of a Pump

A 200% explosion in value sends MYX screaming past previous resistance. Retail piles in. Euphoria hits. Then the charts whisper warnings of an overheated market.

Greed Meets Gravity

Every parabolic move invites a reckoning. Traders eye exits. Liquidity thins. The higher it flies, the harder the potential fall—classic crypto theater.

Will It Hold or Fold?

Speculation fuels the pump; fundamentals (or lack thereof) decide the landing. Another reminder that in crypto, what goes up must often come down—especially when backed by more hype than utility.

What’s Fuelling Worldcoin’s Rally? Will It Sustain?

Worldcoin’s (WLD) latest price spike comes after Eightco Holdings Inc. announced the creation of a WLD treasury. It will mark the first treasure for Worldcoin (WLD). According to the announcement, Eightco Holdings Inc. has secured a $250 million private placement to initiate the treasury. The firm has received an additional $20 Million Strategic Investment from BitMine (BMNR). The development may have led to a substantial spike in investor confidence. Crypto-based corporate treasuries have become increasingly popular over the last year. Treasuries have played a key role in Bitcoin (BTC) and Ethereum (ETH) hitting new all-time highs.

Another factor that may have aided Worldcoin’s (WLD) latest rally is the general market rebound. Bitcoin (BTC) has hit $113,000 once again, and other cryptocurrencies seem to be following BTC’s trajectory. The market upswing may have been fuelled by the incredibly high chances of an interest rate cut after the Federal Reserve’s next meeting later this month. An interest rate cut could lead to Worldcoin (WLD) sustaining its rally over the coming weeks.

CoinCodex analysts do not anticipate Worldcoin (WLD) to continue its rally. The platform anticipates the asset to face a correction over the coming days, hitting $1.31 on Sept. 18. Falling to $1.31 from current price levels will translate to a dip of about 31.41%.

Other developments could also hamper Worldcoin’s (WLD) rally. Geopolitical tensions and trade wars could lead to increased market fears. Such a scenario could also lead to a price dip.