The crypto market never sleeps, and this week it gave traders another wild ride. After a rough start in September, altcoins are showing signs of life again. But while most are just crawling back into the green, one token is stealing all the attention, MYX Finance (MYX).
In just 24 hours, MYX shocked the market by skyrocketing 240%, shooting up to $7.67. That’s a huge jump considering it was only $1.20 at the beginning of the month. Traders are calling it a once-in-a-lifetime opportunity. But others are whispering that this rally isn’t as clean as it looks. Could this be another pump-and-dump?
Meanwhile, another project is quietly gaining steam, Best Wallet Token (BEST). Unlike the flashy surge of MYX, BEST is attracting steady, long-term investors. Over $15.6 million has already been invested in its presale. Why are smart investors rotating out of MYX and into BEST? Let’s dig in.
The Wild Ride of MYX Finance
MYX Finance is a non-custodial derivatives exchange that supports assets from over 20 blockchains. It plans to release a V2 upgrade soon, promising zero-slippage trading and smoother transactions. That upgrade is fueling the hype.
But here’s the catch: analysts are warning that MYX’s rapid rise may be manipulated. MrsBeast DeFi, a well-known analyst, claims the price chart looks like it was designed to liquidate short traders. In fact, $12 million in short positions were wiped out in just one day.
The signs don’t stop there. The token’s Relative Strength Index (RSI) is over 82, which suggests it’s extremely overbought. Its funding rate is negative, showing bearish pressure. And while its market cap has ballooned to $1.4 billion, the long/short ratio shows most traders are actually betting against it.
So, what happens next? Early investors are about to unlock nearly 39 million tokens. The last time this happened was in August, MYX crashed by half its value after a wave of selling. Some whales are already starting to cash out. One has quietly sold $20,000 worth of MYX through small transactions. What if others follow?
Crypto expert Dominic doesn’t hold back. He calls MYX’s rise a “controlled pump” and predicts insiders will soon trigger another crash. Could MYX really collapse back under $1?
The Rise of Best Wallet Token
While MYX dominates headlines with drama, another project is making progress without the chaos. Best Wallet Token (BEST) is the native token of Best Wallet, a fast-growing non-custodial crypto wallet.
Investors are paying attention. Over $15.6 million has already gone into its presale. Why? Because, unlike MYX, BEST is built around utility and long-term growth. Here’s what BEST promises:
- Lower transaction fees for wallet users.
- Access to Best DEX, where traders can swap tokens across 60+ blockchains, 330 DEXs, and 30 bridges.
- An upcoming crypto debit card.
- Early entry into “Stage 0” presales of new tokens, giving holders a big advantage over the wider market.
And that’s just the beginning. Best Wallet is also working on derivatives trading and a staking aggregator, making it more than just a wallet. Experts at 99Bitcoins call it “the best crypto wallet,” predicting strong growth ahead.
Which Token Wins the Race?
On one side, we have MYX, which is fast, explosive, and risky. On the other hand, BEST is steady, practical, and built for the future. The question every trader is asking: which one should you trust?
History shows that sudden pumps often lead to painful crashes. Will MYX repeat its August plunge when tokens unlock? Or will it break the pattern and keep soaring?
At the same time, BEST is quietly building momentum. Could its presale be the start of another major crypto success story? Or will it fail to live up to the hype once it launches?
The truth is, nobody knows for sure. But one thing is certain; the crypto market is heating up again. And the battle between MYX and BEST might just decide where the “smart money” flows next.
So, the real question is: will you chase the fire of MYX, or ride the steady wave of BEST?
