$MYX
MYX
Alpha
1.00734
-8.73%
#myxfinance (#MYX )
Price: $1.03 (-2.97%)
Market Cap: $260.2M
24h Volume: $77.47M
Vol/Mkt Cap: 29.9%
Small correction with moderate liquidity.
30% Vol/Mkt Cap → active trading but not panic selling.
Market cap is relatively stable compared to volume.
TVL = $20.1M → Market cap/TVL = 12.98 (high valuation vs locked value).
Circulating supply: 251M / 1B → 25% distribution.
FDV ($1.03B) is 4× current market cap → future unlock pressure possible.
Valuation looks speculative relative to TVL.
Short-term: Neutral to slightly bearish bias.
Needs stronger TVL growth or sustained buying volume for upside continuation.