🚀 Pyth Network Explodes 114% | How I’m Trading It on Drift
Автор: Kryptolytix
Загружено: 2025-08-29
Просмотров: 1931
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👉 Trade smarter on Drift: https://app.drift.trade/ref/kryptolytix
The Pyth Network token ($PYTH) just ripped over 114% in 24 hours, breaking through $0.25 and pushing its market cap past $1 billion. This surge came right after the U.S. Department of Commerce selected Pyth (alongside Chainlink) to verify and distribute official economic data like GDP figures directly on-chain.
In this video, I break down:
Why Pyth’s breakout is such a big deal for decentralized data infrastructure
How I traded the move using scaling limit orders on Drift
Whether PYTH can realistically climb back toward its all-time high (a 431% move from here)
The speculation around a potential Monad airdrop for stakers
I’ll also show my strategy for setting ascending limit sells to take profit along the way without trying to time the exact top.
📊 Market Recap:
+114% move in 24h
Trading volume up 2,700% to $108M
Staking, speculation, and scaling orders explained
If you’re trading in this market, make sure you’re doing it on the best platform for perps: Drift Protocol.
🔔 Like, subscribe, and drop a comment if you think PYTH has more upside left this cycle.
X Page: https://x.com/kryptolytix
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