MYX Finance (MYX) Price Prediction

Deep Dive

1. Token Unlocks & VC Activity (Bearish Impact)

Overview:
MYX faces 39M token unlocks (~15.5% of circulating supply) in early 2026. Historical data shows Hack VC sold $2.15M MYX immediately after previous unlocks, triggering 20% price drops (CoinMarketCap).

What this means:
Concentrated sell pressure from early backers could overwhelm buying demand. The $3.20-$3.45 zone aligns with liquidation clusters, making these levels critical for bulls to defend post-unlock.

2. V2 Protocol Upgrade (Bullish Impact)

Overview:
Upcoming V2 introduces portfolio margin and non-EVM chain support, aiming to triple MYX’s current $123B/month trading volume (MYX.Finance).

What this means:
Enhanced cross-chain functionality could capture market share from GMX and dYdX. A successful rollout might retest the $4.68 Fibonacci extension level, though execution risks remain.

3. Market Dynamics (Mixed Impact)

Overview:
Crypto fear sentiment (index 24) and Bitcoin’s dominance suppress altcoin rallies. However, MYX’s 75% weekly volume surge to $716M signals relative strength versus peers.

What this means:
MYX needs sustained volume above $500M/day to decouple from macro headwinds. Failure to hold $3.03 (50-day EMA) could trigger a drop to $2.47 support.

Conclusion

MYX’s fate hinges on balancing protocol execution against unlock-driven volatility. While V2’s cross-chain capabilities offer a $4.50+ upside scenario, the Q1 2026 unlock remains a sword of Damocles. Watch Bitcoin’s $90K support – a break could drain altcoin liquidity rapidly. Can MYX sustain its 82M daily volume to offset unlock risks?