Binance Wallet officially announced its 15th Exclusive Token Generation Event (TGE) featuring MYX Finance and its native token, $MYX. This trading event will be on the 6th of May, 2025, from 8:00 to 10:00 AM (UTC) via PancakeSwap. This further reflects even more with Binance Wallet, which raises funds for innovative projects by giving early access to new tokens.
The event paves the way for to debut in the market, and given the tokenomics, it appears to be an attractive asset to consider. Read on to learn more about the token price forecasts and what might lie in store for $MYX after the TGE.
Total Supply: 1,000,000,000 tokens
Distribution:
45%: Community Rewards (Focus on ecosystem growth)
20%: Team & Advisors (Vital for project direction)
20%: Institutional Investors (Early financial backing)
10%: Initial Liquidity (Ensures market stability)
5%: Reserve for Future (Supports unforeseen developments)
This balanced distribution supports long-term sustainability while incentivizing both community participation and expert involvement.
With these new fundamentals, a Binance listing, and tokenomics being laid out for community decisions, the coin is just about ready for big splashes. Let's deep dive into price predictions.
Short-Term Price Prediction: Post-TGE to 1 Month
Right after the TGE event, the token is expected to see wild price volatility. With just 10% of liquidity in circulation and exorbitant demand from Binance Wallet's exclusive exposure, a price surge could ensue. It is expected to trade anywhere between $0.08 and $0.15 in its first month.
Medium-Term Price Prediction: 1 to 6 Months
The altcoin is expected to gravitate towards stabilization in the future, 1-6 months, as more tokens gradually move into circulation. Market prices may then be under the effect of community reward mechanisms and preponderantly shift towards the $0.12 to $0.20 range.
Long-Term Price Prediction: 6 Months to 1 Year+
On the long-term fronts, MYX Finance has the possibility to achieve major growth. If the ecosystem is developed well and adoption in DeFi or GameFi platforms begins to take a profitable step, in 6 months to 1 year price could be anywhere between $0.25 to $0.35 or maybe even higher.
Also read: Obol Token Price Prediction: Can Binance Listing Fuel a Breakout?
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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