Bitcoin
Bitcoin (BTC)
$107,355.00 -0.40489
Bitcoin price
Ethereum
Ethereum (ETH)
$2,447.57 -1.46745
Ethereum price
BNB
BNB (BNB)
$646.12 -0.05788
BNB price
Solana
Solana (SOL)
$141.18 -2.50081
Solana price
XRP
XRP (XRP)
$2.09 -4.33085
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 -3.0874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -2.95238
Pepe price
Bonk
Bonk (BONK)
$0.0000134 -2.8626
Bonk price
dogwifhat
dogwifhat (WIF)
$0.786994 -1.72505
dogwifhat price
Popcat
Popcat (POPCAT)
$0.267255 -1.39853
Popcat price
Bitcoin
Bitcoin (BTC)
$107,355.00 -0.40489
Bitcoin price
Ethereum
Ethereum (ETH)
$2,447.57 -1.46745
Ethereum price
BNB
BNB (BNB)
$646.12 -0.05788
BNB price
Solana
Solana (SOL)
$141.18 -2.50081
Solana price
XRP
XRP (XRP)
$2.09 -4.33085
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 -3.0874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -2.95238
Pepe price
Bonk
Bonk (BONK)
$0.0000134 -2.8626
Bonk price
dogwifhat
dogwifhat (WIF)
$0.786994 -1.72505
dogwifhat price
Popcat
Popcat (POPCAT)
$0.267255 -1.39853
Popcat price
Bitcoin
Bitcoin (BTC)
$107,355.00 -0.40489
Bitcoin price
Ethereum
Ethereum (ETH)
$2,447.57 -1.46745
Ethereum price
BNB
BNB (BNB)
$646.12 -0.05788
BNB price
Solana
Solana (SOL)
$141.18 -2.50081
Solana price
XRP
XRP (XRP)
$2.09 -4.33085
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 -3.0874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -2.95238
Pepe price
Bonk
Bonk (BONK)
$0.0000134 -2.8626
Bonk price
dogwifhat
dogwifhat (WIF)
$0.786994 -1.72505
dogwifhat price
Popcat
Popcat (POPCAT)
$0.267255 -1.39853
Popcat price
Bitcoin
Bitcoin (BTC)
$107,355.00 -0.40489
Bitcoin price
Ethereum
Ethereum (ETH)
$2,447.57 -1.46745
Ethereum price
BNB
BNB (BNB)
$646.12 -0.05788
BNB price
Solana
Solana (SOL)
$141.18 -2.50081
Solana price
XRP
XRP (XRP)
$2.09 -4.33085
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 -3.0874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -2.95238
Pepe price
Bonk
Bonk (BONK)
$0.0000134 -2.8626
Bonk price
dogwifhat
dogwifhat (WIF)
$0.786994 -1.72505
dogwifhat price
Popcat
Popcat (POPCAT)
$0.267255 -1.39853
Popcat price

PYTH total market value broke $500m in one day

Dorian Batycka
Edited by
Markets
PYTH total market value broke $500m in one day

The Pyth Network’s native token, PYTH, debuted with a total market value of $523m.

On November 20, the decentralized oracle network Pyth Network released its Solana-based token, PYTH. Due to the cross-chain airdrop on the first day of trading, the market capitalization at its peak was $765 million.

PYTH is the governance token of the Pyth Network, which bills itself as providing utility for transparent and reliable market data, with the token being used to vote on proposals to govern the project, holders must stake tokens in the network’s staking program.

According to CoinMarketCap, at the time of writing, PYTH’s market capitalization has fallen back to $523.36 million. At its maximum, the PYTH token was trading at $0.65. Since then, the price has fallen by 47% and is now $0.34.

PYTH total market value broke $500m in one day - 1
Source: CoinMarketCap

The daily trading volume, meanwhile, exceeded $160 million. According to DefiLlama, Pyth Network ranks fourth in the ranking of the largest oracle networks.

The native PYTH token has already been listed by such cryptocurrency exchanges as KuCoin, OKX, Bybit, Gate.io, HTX, and Bitget.