MYX Finance (MYX) has surged nearly 1,400%, reaching an all-time high of $18.42, driven by several prominent factors, including a listing of World Liberty Financial's (WLFI) token associated with Donald Trump, heightened derivatives activity, and significant retail FOMO. The platform employs a unique Matching Pool Mechanism to minimize slippage in trading and offers high leverage contracts. The announcement of the WLFI listing on September 5 sparked a rally in MYX's price, which was further accelerated by the token's top ranking on Binance Alpha, where it delivered substantial returns to early investors. Additionally, aggressive short liquidations contributed to the price spike as traders were forced to buy back positions at higher prices. However, analysts have raised alarms about potential market manipulation and overextension, highlighted by unusual trading patterns and a concerning spike in MYX's relative strength index. Experts warn that the token may face a correction of 70–85%, potentially dropping to between $2.72 and $5.10 based on historical price behavior and current technical indicators.

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