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/biz/ - Business & Finance

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File: 41 KB, 628x587, I_sPYTH_on_your_LINK.png [View same] [iqdb] [saucenao] [google]
58029093 No.58029093 [Reply] [Original]

This is the chart of PYTH/LINK YTD.
Up 200%.

>> No.58029103

Do you hold a large amount of PYTH?

>> No.58029105

>>58029093
PYTH only handles financial data (according to their own website). The real money is in tokenisation, and they've said they don't seek to compete with LINK in that field.

>> No.58029125

wait wait wait so we are all making a killing from shitcoins and fuddies are STILL obsessed with LINK? LOL

>> No.58029129

>>58029125
fuddies are all in link and seething at their own inability to diversify or make other plays, so yes.

>> No.58029151

>>58029093
>Enigma
>Mobius
>Band
>Tellor
>Api3
And now Pyth. Did I forget any? All those charts looked like that, and they are certainly good short/medium term plays if you believe Chainlink's advances in the oracle space will simultaneously pump competitors. In terms of actual value though, these companies have barely any users and no moat. Wouldn't recommend for long term hold.

>> No.58029169

>>58029151
>LINK price in sats at the time of this posting: 27,700

>> No.58029228

>>58029169
Your point being?

>> No.58030382

Pyth bros I'm loving these airdrops. Feels good. $20 eoy

>> No.58031061

>>58030382
what airdrops

>> No.58031241

>>58031061
Pyth already gave out a bunch of airdrops to its stakers, you didn't know that linkie?

>> No.58031253
File: 137 KB, 402x300, D90F337E-8F04-480A-999B-D6CEC1D34656.png [View same] [iqdb] [saucenao] [google]
58031253

>>58029093
FUN one looks similar, only added 30% during the past 7 days alone too

>> No.58031269

>>58031241
what does pyth staking accomplish

>> No.58031347

>>58031269
Secures the price feeds and provides collateral, same as chainlink. Right now pyth is exploding because it's the preferred oracle network for SOL

>> No.58031363

>>58031347
is there slashing?

>> No.58031463
File: 81 KB, 1400x1120, 1700946360534204.jpg [View same] [iqdb] [saucenao] [google]
58031463

>>58031363
Of course. I was shilling pyth here at $0.20 but got ignored and yelled at by droves of linkers. /biz/ has really fallen