MYX Finance Surges Over 70% Following Strategic Funding Round

MYX Finance has seen a rapid increase in its token price, surging over 70% after announcing a strategic funding round led by Consensys. According to NS3.AI, this development signals strong investor confidence as the MYX V2 launch approaches. The token had previously entered oversold territory, suggesting a reduction in selling pressure and paving the way for the recent rebound. Despite the bullish sentiment, the price is encountering critical resistance levels, and there is a risk of a significant pullback if gains are not sustained.