$PYTH fell from a high point of 1.16 USD to the current 0.15,
I bought 600 when it was at 0.8U, staked in the project,
also operated a few accounts,
it was originally intended to speculate on airdrops, but the coin price has dropped horrifically.
No APY returns, no airdrops,
the price has also dropped by 80%, it's really unaffordable,
I wonder if
@Pyth Network still has a chance to recover? 😂
#PythNetwork is a decentralized oracle project,
providing real-time, reliable financial data for blockchain and decentralized finance (DeFi) applications.
By directly obtaining data from financial institutions (such as exchanges and trading companies),
it brings real-world financial indicators like stock, cryptocurrency, and commodity prices onto the blockchain.
Pyth Network was first launched on the Solana blockchain in 2021,
providing low-latency, high-reliability data streams,
supporting asset pricing, trading, clearing, and other scenarios for DeFi applications.
From the perspective of project functions and positioning,
it indeed addresses certain needs and pain points,
there is a need for oracle functionality on-chain, requiring real-time access to data information,
but the price is not strong.
Now, not even the bull market can lift it,
I wonder if it can still hold out until the next bull market?
#PythRoadmap