Pyth Network narxiPYTH

DeFi was only the beginning 🔥. Now @Pyth Network is going after institutional-grade data (worth $50B+). $PYTH is driving the ecosystem with incentives + utility. Can they really compete with traditional data giants?

$0G fell 6.8% over the last 24h, underperforming the broader crypto market (+0.36% total cap). 1. Project Strength: 0G benefits from a strong foundation as an AI-focused L1 blockchain with significant institutional investment and strategic mainnet integrations. 2. Market Dynamics: Recent price action shows short-term bearish technical signals and negative money flow, indicating potential selling pressure and volatility. 3. Community Caution: Despite high APR offerings, the community remains cautious about market manipulation and the long-term sustainability of these attractive returns. Positives 1. Project Development: 0G has officially launched its Aristotle mainnet, transitioning into a fully operational AI-focused layer-1 blockchain. This modular architecture is designed for high-efficiency AI model training, capable of handling a 107 billion-parameter AI model with significant improvements. 2. Strategic Integrations: The 0G ecosystem is strengthening with key integrations on its mainnet, including Chainlink for cross-chain infrastructure and market data, Pyth for over 2,000 institutional-grade price feeds, and BitGo for secure institutional custody and staking. 3. Institutional Backing & Exchange Support: The project secured over $350 million in funding from prominent investors and has been listed on major exchanges. Furthermore, Flora Growth Corp. committed $401 million to launch a 0G treasury strategy, demonstrating strong institutional interest. Risks 1. Short-Term Price Volatility: 0G has experienced significant price fluctuations in the last 24 hours. The closing price has declined from 5.490 USDT to 4.975 USDT, with the 7-period EMA falling below the 25-period EMA, indicating a bearish trend in recent hours. 2. Concerns over High APRs: The community expresses skepticism regarding the exceptionally high APRs offered for 0G locked products, with some users fearing potential market manipulation or a lack of sustainability that could lead to future price dumps. 3. Negative Money Flow: Over the past 24 hours, money flow data indicates consistent negative total and large inflows, suggesting a net outflow of funds from the token. This pattern, combined with low concentration, points to potential selling pressure. Community Sentiment Mixed Sentiment: Community sentiment around 0G is mixed, with some members expressing strong bullish views and anticipating new all-time highs, while others raise concerns about the token's high volatility and the sustainability of exceptionally high on locked products.

$PYTH Formed Symmetric Triangle. PYTH has formed Symmetric Triangle, and now it is consolidating at the support of Symmetric Triangle, At time of writing this PYTH is trading at 0.165$. Indicators are not showing anything in favor of buyers. Manage your risk accordingly there are chances that it can rebound from the support but a breakdown could cause you heavy loss.

$PYTH