One of the most prominent crypto traders says that a decentralized Oracle service may eventually surpass its competitor Chainlink.LINK).
Guy Turner of CoinBureau has released a video that updates the audience on his latest news. tells His 2.57 million YouTube Subscribers that the Market Cap for Pyth Network (PYTHIt is possible that the value of a ) will eventually rise due to its ability to generate huge fees revenue.
Pyth Network, according to me, is one of cryptos that is underrated. This is because Pyth Network acts as an oracle and provides data feeds at high frequency that are essential to blockchains, such as Solana. Pyth Network, in other words, is similar to Chainlink. Some would even argue that Pyth Network was better than Chainlink.
Pyth Network, a blockchain that is technically separate from the Pyth Network network and could be used to charge fees with PYTH someday.
PYTH could become even bigger than LINK. LINK is a pretty big company. PYTH, for now, continues to be under the radar. This is great news for investors who want to jump in quickly, but it can also spell bad news for long-term holders.
PYTH currently trades for $0.49, an increase in value of 7% within the past 24 hour. PYTH has a $1.79 billion market cap, making it the 83rd biggest crypto project.
LINK, however, is currently trading at $29.08, a slight increase on the previous day. LINK, with a total market capitalization of $18,21 billion is the thirteenth most valuable crypto project.
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