- Bybit delists MYRIA, ending all trading in the token this month.
- After the exchange announced its delisting, the value of MYRII fell by over 50%.
- The token is down 98% from its all-time high.
Bybit confirmed the removal of the MYRIA token from the list along with several other digital assets from the trading platform. The exchange announced the removal of the MYRIA/USDT trading pair and notified users about it withdraw your tokens before the end of trading on November 19. Deposits for the token closed on November 15, setting a clear deadline for holders.
Myria faces market pressure
The MYRIA token experienced a pointed decline, losing ground over 50% of the last month’s value. Current statistics show a market capitalization of approximately $8.6 million and a daily trading volume of approximately $2.7 million. The token is currently trading near $0.00023, down approximately 98.22% from the highest level in history.
The takedown announcement sparked a wave of discussion on social media platforms such as X and Telegram. Users criticized the token’s demise 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 layer 2 Ethereum gaming ecosystem that Myria has built.
Impact on ecosystem trust
The MYRIA ecosystem relies heavily on the energetic participation and involvement of developers. The recent price crash and reports of delisting are contributing factors to this slowing down community dynamicsputting pressure on other investors and developers. Market participants are currently closely monitoring withdrawals and trading activity as the token approaches its final trading date.
Bybit’s announcement highlights the growing impact of stock exchange decisions on token stability and investor confidenceshowing how platform activities can directly impact market perception and liquidity of emerging digital assets.
