MYX Finance (MYX) is the token of a decentralized derivatives exchange on BNB Chain. It lets users trade perpetual contracts with a system designed for low slippage and high liquidity efficiency.
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🔹 Why the Price is Surging
V2 Upgrade Hype: A major protocol upgrade (V2) is expected soon, adding features like cross-chain trading and better user experience.
New Listings: Recently listed on WLFI exchange, which boosted visibility and demand.
Trading Frenzy: Spot and futures volumes skyrocketed — billions in derivatives trading in a day, fueled by short liquidations (traders betting against MYX got squeezed).
Market Momentum: MYX joined the broader Binance Alpha sector rally, where speculative tokens are booming.
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🔹 Red Flags
Token Unlock: Around 39M MYX tokens were released, raising fears insiders may be selling into the hype.
Manipulation Claims: Analysts and community members point to wash trading, coordinated pumps, and unsustainable hype.
Volatility: The token hit new all-time highs (~$4–4.5) within days, making it risky for late buyers.
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⚖️ Bottom Line
MYX is seeing explosive growth thanks to upgrade anticipation, listings, and leveraged trading momentum. But the speed of the pump plus unlock timing means risks of a sharp pullback are high.
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That’s ~1 quadrillion USD — more than the combined global GDP (~$105 trillion). Simply put, it’s not financially possible without either:
A massive token burn to reduce supply by >99.999%, or
A complete overhaul of the tokenomics.
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2. Tokenomics Reality
BTTC’s design uses high supply + low price to enable microtransactions (like paying tiny fees for bandwidth/storage).
This low unit price is intentional. Pumping it to $1 would make small transactions impractical.
So the system itself is structured to prevent that kind of valuation.
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3. More Realistic Scenarios
Instead of $1, more grounded milestones would be:
$0.00001 → ~15× growth from now, ~$9.7B market cap (possible with adoption).
$0.0001 → ~150× growth, ~$97B market cap (would require BTTC to be a top-5 crypto).
$0.001 → ~1,500× growth, ~$970B market cap (Ethereum-level dominance).
These are still ambitious but at least within global market scales.
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4. Speculative Angle
Could BTTC ever hit $1?
Only if:
99.999% of supply gets burned (supply cut to ~10B tokens).
It achieves mass adoption across Web3 storage + cross-chain DeFi + dApps.
It survives fierce competition (Polygon, Arbitrum, Filecoin, etc.).
So unless the project completely changes its tokenomics, $1 is a fantasy number — but higher decimal shifts (like $0.0001–0.001) are conceivable with adoption + burns.
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⚖️ Bottom line:
$1 → essentially impossible under current supply.
Small decimal gains → possible with adoption and ecosystem growth.
Right now, XRP is sitting in a critical zone around $2.90, and the next move will likely depend on how it reacts to the $3.00 psychological barrier and the $2.80 support level.
If XRP closes back above $3.00–$3.05, it would show strength. Buyers may then aim for $3.30–$3.50 in the short term. Positive ETF/regulatory news could accelerate this move toward $4.00 resistance.
If XRP fails to hold above $2.80, momentum traders and short-sellers could push it lower.
Next downside supports: $2.74 → $2.50 zone. A break under $2.50 could trigger panic selling, especially if broader crypto sentiment worsens.
Bitcoin has rebounded above the $96,000 mark after dipping to a multi-week low of just above $90,000 — rising alongside global equity indices and U.S. stock futures. The recovery comes amid a broader market rally, with investors cautiously anticipating key U.S. economic data releases this week, wary of any signs of increased inflationary pressures.
The cryptocurrency market capitalization has increased by around 3.4% over the past 24 hours, according to Coingecko data . Global equity indices also reflected improved market sentiment. France's CAC 40 gained nearly 1.0% in early trading to 7,478.96, while Germany's DAX rose 0.6% to 20,263.87. The UK's FTSE 100 gained 0.12%, now at 8,234.33. In the U.S., Dow Futures rose 0.31%, S&P 500 Futures increased 0.50%, and Nasdaq Futures climbed 0.70%.
The rebound in major cryptocurrencies coincides with modest gains in global markets, as traders position ahead of the first of two crucial inflation readings this week. On Tuesday, the U.S. producer price index (PPI), a key measure of wholesale inflation, will be released at 8:30 a.m. ET. Economists expect headline PPI to rise by 0.4%, with the core figure (excluding food and energy) up 0.3%.
On Wednesday, the consumer price index (CPI) report is set to provide further insight into inflation trends. Both reports will shape market expectations for the Federal Reserve’s next move on interest rates on Jan. 29. “Key PPI and CPI data are on the horizon, and potential surprises could tilt market sentiment as participants adjust to a prolonged higher-rate environment,” said analysts at QCP Capital.
Currently, the Fed’s target interest rate range remains at 4.25% to 4.5%. Fed funds futures suggest a high probability of 97.3% that rates will stay unchanged at the central bank’s upcoming meeting later this month. Markets also project a high chance of rates holding steady through March and May, only in July does the probability of a 25 basis-point cut begin to materialise, at just over 41%, according to the CME FedWatch tool .
The broader macroeconomic backdrop has fueled some volatility in bond markets. The U.S. 10-year Treasury yield recently surged to 4.8%, its highest level since late 2023, reflecting recalibrated expectations around potential rate cuts. QCP Capital analysts in a note on Tuesday suggested that the Fed’s commitment to keeping rates higher for longer is now more firmly priced into the market.
Trump inauguration and crypto market outlook Bitcoin and other cryptocurrencies could face additional volatility in the run-up to the Jan. 20 presidential inauguration of Donald Trump. The inauguration marks Trump’s return to the presidency and has been speculated to carry significant policy implications for the crypto sector.
BRN analyst Valentin Fournier advised caution, as this week's inflation prints could reignite inflation fears, coupled with the potential for a "sell the news" event surrounding the upcoming presidential inauguration of Donald Trump on Jan. 20. "Given the volatility, we advise reducing exposure to digital assets, and waiting for a more favorable entry point may present better opportunities for maximizing returns," Fournier told The Block.
However, QCP Capital analysts expressed a more optimistic view, citing reports that Trump may prioritize crypto-friendly policies. “There is potential for positive catalysts,” they noted, “as Trump may sign executive orders on day one, addressing 'de-banking' and repealing a contentious crypto accounting policy, which could provide a boost to the market." $BTC