Crypto Gainers: MYX Finance +131%, Treasure & Stellar Dey Soar
Crypto gainers dem lead market rally for August 4 as investors dey buy the dip afta Bitcoin make one bullish break-and-retest for $112,000 and bounce back to $114,300. Altcoin crypto gainers include MYX Finance (MYX), Treasure (MAGIC) and Stellar (XLM).
• MYX Finance jump 131% go $0.2945, e highest since middle March, push market cap pass $36 million. Record perpetual trading volume—$9.07 billion for 30 days and $285 million for 24 hours—make people hope for V2 upgrade wey get matching pools, zero slippage and chain abstraction.
• Treasure rise 15% reach e strongest level since late April. On-chain data show say exchange balances reduce from 193 million MAGIC to 164 million, mean say people dey hodl and sell pressure don reduce.
• Stellar jump 15% to $0.41 as e falling wedge breakout match up with record $652 million stablecoin supply and $142 million TVL for DeFi. If e continue with bullish pennant e fit test last month high of $0.5183 again.
Other notable gainers na Spark (SPK), MMX and MemeCore, but Toncoin and Uranus dey lag behind. Traders suppose dey watch these altcoin catalysts for short-term momentum plus long-term market stability.
Bullish
Di strong rallies wey happen for MYX Finance, Treasure and Stellar, wey dey driven by record trading volumes, falling exchange balances and bullish technical patterns, dey suggest say market sentiment dey positive. Past instances—like Perp token surges before major upgrades—dey spark wider altcoin rallies. Di anticipation of MYX V2 and reduced sell pressure on MAGIC dey replicate similar buildup before breakout events, boost trader confidence. Stellar’s falling wedge breakout and record stablecoin supply further reinforce bullish momentum. For short term, increase for volume and on-chain demand fit dey fuel continued gains across these tokens, lift broader altcoin performance. For medium term, successful V2 launches and sustained token lock-ups fit stabilize prices for higher levels, encourage fresh capital inflows. Overall, all these factors dey point to bullish outlook for traders wey dey seek altcoin exposure.