$pyth listing & airdrop is in 12 hours
price prediction, listing detail, narrative brewing. reading all here
whether u got the airdrop or not,
@PythNetwork is launching their token today
rmb the $TIA u sold because u don't understand it? u should check this
Content preview
Quick comparison between @chainlink & @pyth
Tokenomics breakdown highlight
Low initial circulating supply at 15%
Valuation comparison & oracle war thesis
Currently "pre- token" trading at ~0.4on both @HyperliquidX & @aevoxyz
CEX listing schedule
📍What is @PythNetwork ?
TLDR
Oracle protocol like @chainlink with adoption of many perp dex like @synthetix_io
im not specialise in the tech part of this,
but they are able to enable oracle for perps in all the new chains quicker than chainlink hence the massive growth lately
📍 Tokenomics breakdown highlight
Low initial circulating supply at 15%
Only Community & launch, ecosystem growth, Protocol Development & little publisher rewards are unlock until 6 months later
for ur reference
Publisher Rewards 50,000,000 tokens
Ecosystem Growth 700,000,000 tokens
Protocol Development 150,000,000 tokens
Community & launch 600,000,000
Total 1,500,000,000
📍Valuation reference
The pre-token is currently trading @ ~0.4 on @HyperliquidX & @aevoxyz
Look at mcap not fdv for now
at 0.4per token its approx 600m mcap
Personally thinks it should range around 0.3~0.5 but im not sure yet
Narrative wise more if $pyth do as well as $TIA , @SupraOracles will prob list their token soon too lol along with other oracle protocols
looking forward to oracle cults fighting over decentralisation & performance while getting more market attention & tokens go up
$PYTH listing
@Bybit_Official 2PM Nov 20, 2023 UTC
@kucoincom 14:00 on November 20, 2023 (UTC)
@okx deposit is open at 2:00 pm UTC on November 16, spot trading soon
Come join for more insights
Big 2Lambroz 🔥🔥