The current price of Pyth Network ($PYTH ) is approximately $0.1263 USDT, reflecting a decline of about 8.76% over the past 24 hours. The intraday trading range has spanned from a low of $0.1245 to a high of $0.1408.
This recent downturn coincides with market anticipation of a significant token unlock event, wherein approximately 58% of PYTH's total supply is set to be released. Such events often lead to increased selling pressure, potentially impacting the token's price negatively.
Looking ahead, some analysts suggest that PYTH could experience further declines, possibly targeting the $0.10 level, especially if bearish market conditions persist.
For real-time updates and trading information, you can monitor the PYTH/USDT pair on Binance.
#PYTH #PYTHUSDT📈 #Price-Prediction #BinanceAlphaAlert #NewsAboutCrypto