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Today bought #PYTH - 194 at a price of $0.5154
Pyth Network (PYTH) is a decentralized oracle network providing high frequency market data for decentralized applications. It is unique in its direct collaboration with over 90 leading data providers, including major exchanges and MMs, etc., ensuring reliable and up-to-date information.
Some numbers to understand:
The Pyth Network updates pricing data every 400 milliseconds, allowing dApps to get the most up-to-date information in real time. In addition, the network supports over 40 blockchains
To understand, Pyth's closest competitor is Chainlink: it updates data at a frequency that depends on market conditions and the blockchain it runs on, which can be less responsive than Pyth.
Technically
Not a bad chart, we are on the verge of breaking through the key resistance level. In general, I assume that the asset will reach its ATH, and possibly even update it. 1 reply
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