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Home»Altcoins»PYTH Network Price Prediction 2024
Altcoins

PYTH Network Price Prediction 2024

2024-10-10No Comments4 Mins Read
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Story Highlights

  • The live price of the Pyth token is $0.30567324.
  • This altcoin could reach its potential high of $0.52 in 2024.
  • The PYTH price with a potential increase could reach $2.56 by 2030.

The digital financial world is constantly evolving, and at the forefront of this evolution is the Pyth Network (PYTH). This innovative network has had a significant impact in the field of decentralized finance (DeFi).

The recent performance has been nothing short of fantastic and shows the potential of this revolutionary platform. As PYTH continues to gain traction, investors and crypto enthusiasts are keeping a close eye on its progress.

Are you intrigued by the potential trajectory of this coin’s value and wondering what the future holds for Pyth Network? Read our detailed article to explore the expected PYTH Network price predictions from 2024 to 2030.

Overview

Cryptocurrency Pyth network
Token PYTH
Price $0.30567324 -1.58%
Market capitalization $1,108,062,071.3876
Circulating supply 3,624,988,786.4386
Trading volume $33,592,405,8712
All-time high $1.15 on March 16, 2024
Always low $0.2235 on August 5, 2024
24 High Available soon
24 Low Available soon

PYTH Price Prediction October 2024

Amid the increased bearish influence, Pyth price has fallen 3.37% over the past day and 5.53% over the past week. Moreover, with a YTD return of -7.08%, this altcoin has secured the 62nd position with a market capitalization of $1.092 billion.

Pyth price target October

If a bullish reversal occurs, Pyth price will prepare to move towards the $0.3750 resistance level in the coming weeks. However, a bearish move could pull the price to the lows of $0.2000 this month.

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Month Potentially low Potential average Potentially high
October $0.2000 $0.2875 $0.3750

PYTH Crypto Price Projection 2024

If the market recovers, the PYTH Network can reach a global audience, leading to broader adoption. Therefore, PYTH price could potentially reach $0.52. Conversely, a drop in volume could push the price down to $0.20.

Year Potentially low Potential average Potentially high
2024 $0.20 $0.36 $0.52

PYTH Network Price Prediction 2025

Should the growing fear of missing out (FOMO) and increasing adoption of PYTH Network as an identity token continue, its value could rise to $0.68. Conversely, if PYTH Network struggles to maintain its current growth momentum, the price is expected to stabilize around $0.47.

Alternatively, if PYTH Network loses relevance by 2025, PYTH’s price could fall to $0.26.

Year Potentially low Potential average Potentially high
2025 $0.26 $0.47 $0.68

Also read our Chainlink (LINK) price forecast 2024-2030

PYTH Network Price Analysis 2026 – 2030

Year Potential Low ($) Potential average Potentially high
2026 0.33 0.61 0.89
2027 0.42 0.78 1.14
2028 0.53 1.01 1.48
2029 0.69 1.48 1.97
2030 0.99 1.77 2.56

PYTH Coin Price Prediction 2026

The PYTH Network price for 2026 is expected to range from $0.33 to $0.89, with an average price of approximately $0.61.

PYTH Network Prize Promotion 2027

In 2027, this altcoin could fluctuate between $0.42 and $1.14. This could bring the average price to around $0.78.

PYTH Token Price Prediction 2028

The PYTH Network price for 2028 is expected to be between $0.53 and $1.48, with an average price of approximately $1.01.

See also  XRP trading volume drops while price increases

PYTH coin price 2029

Looking ahead to 2029, the PYTH crypto is expected to range from $0.69 to $1.97, with an average price of around $1.48.

PYTH Network Price Forecast 2030

By 2030, the price of the PYTH coin is expected to fluctuate between $0.99 and $2.56, with an average price of approximately $1.77.

Market analysis

Company name 2024 2025 2030
Wallet Investor $0.174 $0.0280 –
priceprediction.net $0.2990 $0.4516 $2.84
Digital coin price $0.57 $0.64 $1.98

Check out our UMA price forecast 2024-2030

CoinPedia’s PYTH Network Price Prediction

Based on Coinpedia’s analysis, the future of the PYTH network looks promising due to several key factors contributing to its potential growth. Further, the optimism stems from the network’s innovative approach to providing real-time, accurate market data that is essential to the fast-growing DeFi sector.

The combination of market confidence, high-profile support, and the network’s technical strengths would push PYTH’s price to approximately $0.50 by the end of the year.

Year Potentially low Potential average Potentially high
2024 $0.20 $0.36 $0.52

Pyth Price Historical market sentiments

Pyth Price Historical market sentiment

Built on the Solana chain, the Pyth Network first appeared on the crypto market in April 2021. After this, it showed a stable price movement until September 2023. As volatility increased, this altcoin received significant attention from the market.

Frequently asked questions

Is Pyth Network a good investment?

The Pyth crypto is currently unprofitable. However, in the long term, it has a positive price projection, making it potentially a good investment.

How much will Pyth be worth in 2024?

See also  Dogecoin Price Prediction – DOGE Becomes Attractive to Bears During Rallies

With a bullish aspect, this altcoin is expected to close the year with a possible high of $0.52.

Which blockchain is Pyth bpolluted on?

It is available on more than 55 blockchain ecosystems, including Solana, Aptos, Sui, various Cosmos chains, and many more.

What is the Pyth coin forecast for 2025?

By the end of 2025, the Pyth Network is expected to reach a high of $0.68.

What is the use of a Pyth token?

It is mainly used to provide real-time market data of various entities and commodities to more than 75 blockchains.

How high will Pyth be worth by the end of this decade?

With potential upside, this altcoin could reach a high of $2.56 by 2030.

How much is 1 Pyth token worth?

At the time of writing, the price of 1 Pyth crypto was $0.3009.

Source link

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