Myriad Reaches $100M Milestone as Prediction Market Expands Tenfold in Record Time
Significant Growth: Myriad has achieved a remarkable trading volume of $100 million in just three months, reflecting a tenfold increase and indicating strong demand in the decentralized finance (DeFi) sector.
Transition to Mainstream: The platform's co-founder, Loxley Fernandes, emphasized that prediction markets are evolving from niche experiments to a mature asset class, highlighting the need for decentralized platforms for trading forecasts and insights.
Strategic Developments: Following its launch on the BNB Chain, Myriad introduced "Automated Markets" designed for fast-paced trading, aiming to establish itself as a fundamental infrastructure layer in the DeFi ecosystem.
Media Integration Strategy: Myriad plans to leverage its connections with media platforms like Decrypt and Rug Radio to create a cycle where media coverage boosts trading volume, which in turn attracts liquidity and new traders to the prediction market.
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Technical Analysis for TIME
Technical Sentiment Analysis for Chrono.tech (TIME) As of , Chrono.tech (TIME) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TIME stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TIME is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Chrono.tech (TIME) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.706 | 2.953 | 3.152 | 3.399 | 3.598 | 3.845 | 4.044 |
| Fibonacci | 2.953 | 3.123 | 3.228 | 3.399 | 3.569 | 3.674 | 3.845 |
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