$PYTH just became an official @NYSE data distributor 🔑
my take:
• price around $0.065
• market cap ~$516M while it now serves data from the 2 biggest stock exchanges in the world
• tokenized stocks + perps onchain need real time stock prices, and pyth is becoming the pipe for that
• short term the whole altcoin market is in fear, so price can still chop around $0.065
> $BTC dropped but $pyth is still strong
this is a fundamentals play, not a quick pump
watching if it can reclaim ~$0.068 with real volume
not financial advice, DYOR 🙏
#PYTH #PythNetwork #NYSE #RWA #TokenizedStocks $PYTH
my take:
• price around $0.065
• market cap ~$516M while it now serves data from the 2 biggest stock exchanges in the world
• tokenized stocks + perps onchain need real time stock prices, and pyth is becoming the pipe for that
• short term the whole altcoin market is in fear, so price can still chop around $0.065
> $BTC dropped but $pyth is still strong
this is a fundamentals play, not a quick pump
watching if it can reclaim ~$0.068 with real volume
not financial advice, DYOR 🙏
#PYTH #PythNetwork #NYSE #RWA #TokenizedStocks $PYTH