MYX Crash Nearly Halves Market Cap in Hours

I observe that MYX experienced a sharp decline of nearly 50% within a span of just 4 hours, with its market capitalization decreasing to $139 million. Such a rapid drop signals significant market volatility or potentially some adverse news impacting investor confidence. This kind of sudden sell-off can be driven by various factors, including negative news, regulatory concerns, or large-scale sell orders. It emphasizes the importance of monitoring real-time market movements and understanding the catalysts behind abrupt declines in cryptocurrencies.