Zinger Key Points
- Myro’s single-day gains of 31% have elevated its monthly gains to 530%.
- While the crypto community anticipates the token reaching $1, one analyst predicts a bullish rally to $2.17 based on technical analysis.
- Get Pro-Level Earnings Insights Before the Market Moves
Myro MYRO/USD is up 31% in the past 24 hours, buoyed by recent listings over the last week, with analysts optimistic about the token's prospects.
What Happened: On March 12, Uphold, a multi-asset digital money platform used widely across the U.S., announced that Myro will now be available on its platform.
The exchange tweeted: “Named after the cherished pet of Solana's Co-Founder. Join us in welcoming this unique addition to our platform.” Additionally, on March 9, India’s popular crypto exchange SunCrypto listed Myro on its platform.
Coinpedia Markets, a crypto price tracker with live prices and analysis, also announced that it has listed Myro.
According to DEXScreener data, Myro witnessed a trading volume of $3.1 million across 2,084 transactions in the past 24 hours, with liquidity at $2.1 million.
Also Read: Bonk Goes Bonkers With 62% Daily Gain, Eclipsing Dogecoin, Shiba Inu: Whale Trader Pockets $2.9M
Why It Matters: With a single-day gain of 31.4%, Myro’s market capitalization has surged above the $400 million mark within just three months. This marks a new all-time high at $0.4378 at the time of writing.
In comparison, Dogecoin DOGE/USD and Shiba Inu SHIB/USD have posted single-day gains of 8.5% and 2.5%, respectively.
A widely-followed crypto trader, Bluntz Capital, suggested that there isn't much time before a "god candle."
Another trader praised the Myro team and community, stating that a valuation of $1 billion is "incoming."
The Wolf Of Crypto Streets agreed, saying that Myro is headed “for a new all-time high and a God candle coming soon.”
Technical crypto trader Steph Is Crypto tweeted:
$MYRO has broken out of a significant bull flag on the daily timeframe! The technical price target is set at approximately $2.17, representing an upward move of roughly 450% from the current price! pic.twitter.com/IWR1xM5s3P
— STEPH IS CRYPTO (@Steph_iscrypto) March 14, 2024
Solana meme coins have been on a tear in recent weeks, with Myro standing out as one of the chain's star performers.
Read Next: Top 10 Meme Coins to Look Out for in 2024
Image created using artificial intelligence with Midjourney.
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