Crypto News – PYTH has increased by 1.47% over the last day, according to CoinMarketCap data, and is currently trading at $0.4989. Token trading volume showed a 19.44% decline to $241.9 million at the same time.
PYTH Crypto Increased by 20% for Being Listed on Binance
PYTH has increased gradually so far this year, rising more than 43% in a single month. The announcement of the Binance cryptocurrency exchange’s impending listing coincides with the most recent significant increase in the price of PYTH. The release states that PYTH trading will start on February 2. Binance will offer PYTH/BTC, PYTH/USDT, PYTH/FDUSD, and PYTH/TRY pairs.
About PYTH Crypto
The Pyth Network’s governance token is PYTH. Pyth Network introduced its token in the end of November 2023, and it had a $540 million market valuation at launch. Holders must stake tokens in the network’s staking program in order to vote on proposals to run the project. At its height, the market capitalization was $765 million because of the cross-chain airdrop that occurred on the first day of trade.