Analysis

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Published

11 months ago

December 18, 2024

A extensively adopted crypto dealer says a decentralized oracle service challenge might sooner or later overtake its rival Chainlink (LINK).

In a brand new video replace, CoinBureau host Man Turner says tells In line with its 2.57 million YouTube subscribers, Pyth Community’s (PYTH) market cap might ultimately skyrocket because of its potential to generate large charge income.

“In my view, Pyth Community is among the most underrated cryptos on the market. That is as a result of it is an oracle that gives high-frequency information feeds that blockchains like Solana rely upon. In different phrases, Pyth Community is much like Chainlink, and a few declare it’s higher than Chainlink.

That is as a result of Pyth Community technically has its personal blockchain referred to as Pyth Web, which might theoretically sooner or later use the PYTH token for charges.

This might make PYTH larger than LINK, which is already fairly massive. For now, although, PYTH continues to fly beneath the radar, which is sweet information for many who wish to get in early, however unhealthy information for many who have been gathering for some time.”

PYTH is buying and selling at $0.49 on the time of writing, up 7% within the final 24 hours. With a market cap of $1.79 billion, PYTH is the 83rd largest crypto challenge.

In the meantime, LINK is buying and selling at $29.08 on the time of writing, up barely on the day. With a market capitalization of $18.21 billion, LINK is the thirteenth largest crypto challenge.

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