COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Pyth Network Token Gains Momentum with Strategic Partnerships and Exchange Listings
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Pyth Network Token Gains Momentum with Strategic Partnerships and Exchange Listings
Altcoin News

Pyth Network Token Gains Momentum with Strategic Partnerships and Exchange Listings

In Brief

  • Pyth Network token recovers to $0.523 after renewed buying interest.

  • Recent partnership significantly impacts the cryptocurrency's price.

  • Token value surges by 260% in two months, hitting an all-time high.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Cryptocurrency market’s renewed buying interest has allowed the Pyth Network token to recover its local support of $0.523. The positive turnaround has increased the cryptocurrency’s price by 36.5% in just four days, currently trading at $0.71. The recent partnership has also been noted to significantly affect the price of the altcoin.

Contents
Positive Developments in PYTHUptrend in PYTH

Positive Developments in PYTH

In addition to broader market sentiment, this recovery can be attributed to a partnership with Hedera and listings on South Korean cryptocurrency exchanges. Pyth Network’s native token PYTH entered a steady recovery momentum at the beginning of January after rebounding from a price support of $0.23. Within two months, the token value increased by 260%, reaching the market’s all-time high of $0.818. The uptrend, along with high momentum in PYTH, is likely linked to the strategic partnership with Hedera and listings announcements on South Korean crypto exchanges Upbit and Bithumb.

As a significant development for the decentralized finance (DeFi) sector, Pyth Network announced the integration of its price feeds with the Hedera network, offering developers access to over 400 financial data streams. This collaboration could mark an important step towards improving smart contract applications by providing reliable, real-time financial information. Developers on Hedera can now seamlessly incorporate these streams into their projects, paving the way for innovative DLT-supported financial services.

Uptrend in PYTH

The aforementioned move could empower the DeFi community and allow it to benefit from high-quality market data for a wide range of applications. PYTH price successfully recovered from the recent correction trend above the 38.2% Fibonacci retracement level. Such pullbacks are considered healthy for a token as they indicate a revival of exhausted bullish momentum for a higher rise. With an intraday gain of 20%, PYTH price has made a significant breakout from the last high resistance of $0.684. According to the data, the rally in the altcoin following the breakout could extend the ongoing uptrend to $0.8 and then to $0.98.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Predictions Heat Up: Expect Ethereum to Lead the Charge This Summer

Pi Coin Gains Traction with Coinbase Over Binance Listing

Analyst Predicts the Hidden Gems in the Next Altcoin Wave

CME Futures Drive Institutional Interest in XRP

Pi Network Faces Community Challenges as Coin Value Declines

COINTURK NEWS 27 February, 2024 - 7:54 pm 27 February, 2024 - 7:54 pm
Share This Article
Facebook Twitter
Share
Previous Article Fidelity Analyst Suggests Bitcoin Could Take Market Share from Gold
Next Article Insights on Cryptocurrency: Bitcoin Climbs as Altcoins Gain Momentum
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Rallies Towards New Record Heights
Cryptocurrency News
BTC Stays Strong as Trump and Fed Shed Light on Economic Future
Economy
Bitcoin Surges Beyond $105K as Crypto Market Anticipates New Highs
Bitcoin (BTC)
Cardano Faces $600 Million ADA Coin Embezzlement Controversy
Cardano (ADA)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?