Highlights:
- MYX Finance is rallying again after a brief consolidation
- Continuation of bull rally hints at strong underlying demand
- MYX Exchange and the broader market drive MYX demand
MYX Finance (MYX) continues its parabolic price rally today. The rally is so strong that it has rocketed MYX Finance into the top 50 cryptocurrencies by market cap. When writing, MYX Finance was trading at $17.23, up by 283.8% in the day. MYX Finance trading volumes are also edging higher, a pointer to the rising bullish momentum.
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Daily trading volumes are also rising, up by 125.51% to $878.4 million. This surge in trading volumes indicates that investors are coming in strongly with anticipation of even higher prices in the short to medium term. The excitement is backed by solid rationale, which could see MYX Finance continue the vertical climb it has recorded in the last 24 hours.
MYX Finance Working On V2 Protocol with Major Upgrades
One of the key factors that could play a role in pushing MYX Finance higher is the fact that the MYX Exchange, which is associated with the MYX token, has announced some major upgrades. MYX Exchange has announced the V2 protocol upgrade.
The upgrade is set to transform the exchange in a big way by cutting slippage to zero, enhancing cross-chain transactions, and making the overall user experience much better. This is a big deal as it could draw in more users to the exchange, and drive up its intrinsic value. By extension, this means the value of the MYX Finance token is also set to go up. It’s the same way that the mega success of the Hyperliquid platform has led to incredible success for the HYPE token.
Why MYX pump hard
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Unique future 🗿Do leverage trade your own wallet no need to deposit other dex Wallet $MYX new concept pic.twitter.com/qSqmei8AdX— Ashique (🫰, ✨) (@Ashique_6) September 8, 2025
MYX Exchange Lists WLFI, Boosting Investor Sentiment In MYX Token
The MYX Exchange is also riding the wave of recent events, further adding momentum to the MYX token. The exchange has moved to list WLFI, a cryptocurrency associated with U.S. President Donald Trump. This is a big move for MYX Exchange as it is set to draw in significant speculative interest while growing its user base. Investors anticipating an increase in the exchange’s user numbers, thanks to the listing of WLFI, are betting big on the MYX token, which is reflected in its intraday price action.
We are thrilled to announce the NEW Listing of $WLFI @worldlibertyfi on MYX Exchange! 🌍
🔹 Trading Pair: WLFI/USDT
🔹 Leverage: Up to 50×
🔹 Trading Starts: September 5st, 13:00 (UTC) pic.twitter.com/eQWL2UABFC— MYX.Finance (@MYX_Finance) September 5, 2025
MYX Finance Keeps Gaining Despite FUD Attempts
The underlying momentum in MYX due to all the above factors is so strong that even FUD attempts have not dented its momentum. For instance, there have been reports that the MYX Finance rally is driven by manipulative whale trading. Some analysts have noted that some whales had unusually consolidated before the price spiked. FUD tends to trigger massive corrections, especially after such a strong rally. However, MYX Finance is holding strong and pointing to attempts at a further rally.
Macro Environment Favors More Upside for MYX
The market is ignoring FUD due to the strong news around MYX Finance’s attempts at growing user numbers and an increasingly bullish broader market. The United States, a key determinant in the cryptocurrency market direction, is set to cut interest rates at some point this month. This is due to negative economic data, especially those touching on the labor market. A rate cut usually leads to a rally in the cryptocurrency market, and MYX Finance investors could be anticipating such a rally in the short to medium term.
BREAKING: 🇬🇧 STANDARD CHARTERED PREDICTS THE U.S. FED WILL CUT RATES BY 50 BPS THIS MONTH – REUTERS
THIS WILL SEND THE MARKETS 🚀 pic.twitter.com/dIRctWiMsY
— Ash Crypto (@Ashcryptoreal) September 8, 2025
Technical Analysis – MYX Price Regains Upside Momentum After Brief Consolidation
MYX has been on a steady uptrend since September 7. However, it experienced a brief consolidation on September 8, with short sellers attempting to pull the price back. They failed, and after rocketing through the $14.32 resistance, MYX now has new impetus for more gains. If this continues, MYX could rally to $20 or higher in the short term.
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