You can buy some $PYTH now. It probably won’t be long before this gets pumped for a second time, and even if it does fall, it likely won’t drop much.
This is one of the more solid projects in the oracle sector. I recommended it before at around 0.058, and it’s still up roughly 24% so far. It pulled back along with the broader market, but the fundamentals haven’t deteriorated.
The DAO has already implemented the “100% Rule”: all product revenue is used to buy back PYTH, and this deflationary mechanism is ongoing. Its data sources are also continually expanding. As one of the core oracle projects, it still has solid long-term support.
The chart looks pretty good at the moment. Set your buy orders and wait for a pump. One thing this pullback confirms is that the correction is almost over. There may be an opportunity for a rebound next, with the previous high as an initial target.
If things go well on the weekly timeframe, there’s still a chance of a major upward move ahead!
This is one of the more solid projects in the oracle sector. I recommended it before at around 0.058, and it’s still up roughly 24% so far. It pulled back along with the broader market, but the fundamentals haven’t deteriorated.
The DAO has already implemented the “100% Rule”: all product revenue is used to buy back PYTH, and this deflationary mechanism is ongoing. Its data sources are also continually expanding. As one of the core oracle projects, it still has solid long-term support.
The chart looks pretty good at the moment. Set your buy orders and wait for a pump. One thing this pullback confirms is that the correction is almost over. There may be an opportunity for a rebound next, with the previous high as an initial target.
If things go well on the weekly timeframe, there’s still a chance of a major upward move ahead!
