In early August 2025, the MYX token, part of the Myxus Protocol—a decentralized infrastructure (DePIN) project connecting IoT devices through blockchain—astonished the crypto community by soaring nearly 2,000% within just seven days.
This explosive rally followed a flurry of exchange listings, including Binance’s sought-after “Alpha” category, which dramatically boosted visibility and trading volume. Single-day moves included spikes of 289% and even 477%, with price briefly surging to an all-time high of approximately $2.09.
Underlying this momentum were massive increases in trading activity, short-sellers being liquidated, and strong retail FOMO (Fear of Missing Out)—all adding fuel to the upward price pressure. Analysts monitoring technical indicators reported a Relative Strength Index (RSI) of nearly 98, signaling an overheated market but still affirming a “Strong Buy” consensus.
Despite a modest pullback to around $1.27 as some investors pocketed profits, the MYX token remained in the spotlight. High futures open interest and positive market structure further suggested that momentum may continue.
In summary, MYX’s unprecedented weekly rally—driven by exchange listings, technical hype, and widespread enthusiasm—has convinced many analysts to maintain a Strong Buy stance, acknowledging both the token’s potential and the inherent risks of such volatile moves.