Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains.
It allows developer to secure smart contracts with reliable, low-latency market data from institutional sources, and build apps with high-fidelity oracle feeds designed for mission-critical systems.
Pyth Network Price Analysis
As of November 24 2024 Pyth Network has a marketcap of $1.5B.
This is {{percentagefromath}} from its all time high of $1.20.
In terms of its tokenomics, there's a total supply of 10B with 36% currently outstanding.
Keep in mind Pyth Network has a fully diluted value of $4.2B which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
