🚀 Crypto Chaos: MYX, Treasure, Stellar Mooning! 🌕

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Ah, the crypto market—that ever-churning, unpredictable beast—decided to take a breather on Monday, August 4th, as if it had just realized it forgot to water its houseplants. Investors, ever the optimists, gleefully scooped up the recent dip like it was the last slice of pizza at a party. Meanwhile, Bitcoin, the granddaddy of them all, performed a highly bullish “break-and-retest” maneuver after gracefully plummeting to $112,000. Because, you know, nothing says “I’m stable” like a rollercoaster ride through six-figure territory. 🌪️

Bitcoin (BTC) then decided to bounce back to $114,300, up from its weekend sulk at $112,000. This, of course, sent the altcoins into a frenzy, with MYX Finance (MYX), Treasure (MAGIC), and Stellar (XLM) leading the charge. Because when Bitcoin sneezes, the altcoins catch a rocket. 🚀

MYX Finance: The Token That Said, “Hold My Beer” 🍻

MYX Finance was the undisputed star of the day, soaring by 131% and pushing its market cap to a cool $36 million. It hit $0.2945, a level not seen since March 16th, when everyone was still arguing about whether NFTs were art or just expensive JPEGs. 🎨

Why the sudden surge? Well, it turns out their perpetual trading platform is doing the crypto equivalent of a backflip while juggling chainsaws. Data reveals a staggering $9.07 billion in volume over the last 30 days, with $285 million in the last 24 hours alone. July saw its monthly volume hit a record high, proving that MYX is not here to play—it’s here to dominate. 💪

Traders are also frothing at the mouth over the impending V2 launch, which promises to “redefine on-chain trading.” While details are as scarce as a honest politician, rumors include a matching pool mechanism, zero slippage, and chain abstraction. Basically, it’s like upgrading from a tricycle to a spaceship. 🚀

#MYX will keep building — just like @BNBCHAIN does
Because humans don’t stop eating, and we don’t stop shipping 🍽️🚧

MYX V2 is coming
An opportunity to redefine on-chain trading as we know it. 🚀

— MYX.Finance (@MYX_Finance) August 3, 2025

Treasure: When Exchanges Run Out of Tokens 🏃💨

Treasure (MAGIC) wasn’t about to be left behind, jumping 15% to its highest point since April 30th. It’s up 235% from its yearly low, which is more impressive than most New Year’s resolutions. 🎉

The reason? On-chain data shows that exchange balances dropped to 164 million, down from 193 million in July. Apparently, investors are hoarding MAGIC like it’s the last roll of toilet paper in a pandemic. 🧻

Stellar: The Falling Wedge That Caught a Rocket 🚀

Stellar Lumens (XLM) decided to join the party, jumping to $0.4100 on Monday—a 15% leap from its weekend lows. This rally came as its stablecoin supply hit a record $652 million, and its DeFi network locked in over $142 million. Because nothing says “bullish” like a stablecoin party. 💰

XLM’s price surge was fueled by the completion of a falling wedge pattern, which is crypto-speak for “things are about to get interesting.” This pattern, formed by two descending and converging trendlines, signals a potential bullish breakout. And if that’s part of a bullish pennant pattern, we might see XLM retest last month’s high of $0.5183. 🏆

The Rest of the Crypto Circus 🎪

Other notable gainers included Spark (up 35%), MemeCore, MMX, and Momofun—because who doesn’t love a good meme-themed token? On the flip side, Toncoin, Uranus, and Ani Grok Companion were left eating the crypto dust. 🌪️

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2025-08-04 17:30