TL;DR
- Bybit delists MYRIA, ending all trading for the token this month.
- MYRIA’s value plummeted over 50% following the exchange’s delisting announcement.
- The token has fallen 98% from its all-time recorded high.
Bybit has confirmed the delisting of the MYRIA token along with several other digital assets from its trading platform. The exchange announced the removal of the MYRIA/USDT trading pair and notified users to withdraw their tokens before trading stops on November 19. Deposits for the token closed on November 15, marking a clear deadline for holders.
Myria Faces Market Pressure
The MYRIA token has experienced a sharp decline, losing over 50% of its value in the past month. Current statistics show a market cap of approximately $8.6 million and daily trading volume around $2.7 million. The token now trades near $0.00023, representing a drop of roughly 98.22% from its all-time high.
The delisting announcement triggered a wave of discussion across social platforms like X and Telegram. Users criticized the token’s decline and raised questions about the project’s ability to maintain its ecosystem. Concerns focus on inflation within the token supply and the viability of the Ethereum layer 2 gaming ecosystem Myria has built.
Impact on Ecosystem Confidence
The MYRIA ecosystem relies heavily on active participation and developer engagement. The recent price collapse and the delisting news have slowed community momentum, putting pressure on remaining investors and developers. Market participants now closely monitor withdrawals and trading activity as the token moves toward its final trading date.
Bybit’s announcement highlights the growing influence of exchange decisions on token stability and investor trust, demonstrating how platform actions can directly affect market perception and liquidity for emerging digital assets.
