MYX Prediction

About MYX (MYX)

MYX is a utility token on Binance Smart Chain with a market cap of $545.8M and FDV of $2.86B, indicating full token circulation. The token exhibits concerning fundamentals with extreme whale concentration (94% held by top 10 addresses) and a persistent decline in holder count (-4.7% monthly). While trading activity remains robust with over 22,000 daily transactions and $2.87M in 24h volume, the structural imbalance between unique buyers (593) and sellers (67) suggests large holders may be distributing to retail participants.

Current price: $2.86

Market cap: $545.86M

Liquidity: $3.68M

Holders: 57.0K

MYX Price Prediction

MYX is showing short-term weakness with a -6.3% decline over 24 hours despite a modest 2.86% recovery in the last 4 hours. The near-balanced buy/sell pressure (49.6% vs 50.4%) combined with declining holder counts suggests continued consolidation or further downside before any meaningful recovery.

The medium-term outlook remains uncertain given the extreme supply concentration (94% held by top 10 wallets) and persistent holder attrition of -4.7% over 30 days. Any significant price movement will likely be dictated by whale decisions rather than organic market forces.