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Insights on myx
The flash crash is estimated to happen in just a day or two, and this time the short position should be held for a longer period. Many people are still fantasizing that MYX will create a "hundredfold myth," unaware that this is a typical death spiral.
The market value has reached 400 million in circulation, which is extremely inflated and has seriously overdrawn.
The liquidity has now peaked, and the capital of the bulls can't hold out much longer. Once the inflow slows down, it will be the beginning of a complete collapse.
When the time comes, you will see the bubble of 400 million dollars collapse at a speed faster than you can imagine.