💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
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Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Recently, the cryptocurrency market has shown astonishing rises again, with a Token named $MYX skyrocketing in price by 10 times within just two days, reminiscent of the crazy bull run of 2021.
This sudden surge in the market has sparked heated discussions and caution. The total supply of $MYX Token is 1 billion, but the current circulating supply is only 120 million, less than 20% of the total. Such a low circulation rate indicates that the market may face a high risk of manipulation.
This phenomenon reminds people of past speculative booms, when a large number of investors flocked in, chasing the rapid rise of digital assets. However, historical experience tells us that such irrational market behavior is often difficult to sustain.
Although it may bring substantial returns in the short term, investors should remain clear-headed and treat these suddenly surging niche Tokens with caution. In the absence of substantial value support, the rapid rise in price may just be a flash in the pan.
In this rapidly changing world of Crypto Assets, rational analysis and risk management are more important than ever. For emerging Tokens like $MYX, investors need to have a deep understanding of the project team behind it, technological innovations, and practical application scenarios, rather than being misled by short-term price fluctuations.
Regardless, the astonishing rise of $MYX once again proves the high volatility and unpredictability of the Crypto Assets market. In this field full of opportunities and risks, remaining vigilant and continuous learning will be the golden rule for investors.