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Recently, the crypto assets market has once again surged, with MYX's performance being particularly notable. Analyzing MYX's trend, we can find that the underlying trading logic is quite similar to that of the past TRB.
This operating model typically begins with a large amount of spot being concentrated in the hands of a few individuals. Subsequently, these holders can relatively freely control the price trend. They use the funds and costs of the short side to drive the price up, and when necessary, lower the price by closing long positions to continue accumulating chips.
In fact, the price surge of such coins largely depends on market enthusiasm and attention. When bearish sentiment is high, prices often continue to rise. Recommendations from many opinion leaders also add to the excitement. After seeing this trend, many bullish investors also begin to pay attention to similar projects, such as M coin, which is another highly regarded Alpha project token.
These coins are essentially a combination of popularity and attention. When various factors converge, prices can rise rapidly as if riding a rocket. For investors who have already entered the market, the sense of profit brought by this increase is evident.
It is worth noting that the recent market 'wealth code' seems to be closely related to the Alpha project. However, investors should remain rational while chasing trends and comprehensively assess risks and returns.