MYX Finance soars 37% day-on-day as investor sentiment strengthens on news of strategic funding led by Consensys
Uk Jin
Summary
- MYX Finance (MYX) was reported to be up 37.01% day-on-day at $1.34.
- The rally in MYX Finance was attributed to news of a strategic funding round led by Consensys.
- It said fundraising involving major blockchain companies increased the project's credibility and spurred buying.
MYX Finance (MYX) surged intraday.
As of 6:30 p.m. on the 20th (Korea time), MYX Finance was up 37.01% from the previous day at $1.34. It jumped as high as $1.8 during the session, but has since pared some of its gains.
The rally in MYX Finance was driven by news of a strategic funding round led by Consensys. According to BeInCrypto, MYX Finance recently completed an investment round spearheaded by Consensys.
The funding news was disclosed ahead of the launch of MYX V2. The outlet said that fundraising involving major blockchain companies boosted the project's credibility and spurred buying interest.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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