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Home » Upbit and Bithumb Announce Listing of Pyth Network, PYTH Soars by 40%
Investment Finance

Upbit and Bithumb Announce Listing of Pyth Network, PYTH Soars by 40%

Feb. 27, 2024No Comments2 Mins Read
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Upbit and Bithumb Announce Listing of Pyth Network, PYTH Soars by 40%
Upbit and Bithumb Announce Listing of Pyth Network, PYTH Soars by 40%
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Pyth Network (PYTH) Surges
Meme Coin PEPE Takes the Crown for Daily Gains
Bitcoin Dominance Remains High
Pyth Network (PYTH) Surges
Leading South Korean exchanges, Upbit and Bithumb, have announced the listing of the Solana oracle project Pyth Network (PYTH) on the 27th. Upbit will list it in the Korean won and BTC markets, with trading expected to commence at 17:00 Taiwan time. Bithumb, on the other hand, will only list it in the Korean won market, also opening for trading at 17:00.
PYTH has seen a 37.5% increase in the past 24 hours, seemingly influenced by these developments.
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Meme Coin PEPE Takes the Crown for Daily Gains
According to CoinMarketCap, PYTH has also seen a staggering 103% increase since February. Meanwhile, the decentralized video streaming network Theta Network has announced that its AI computing platform, EdgeCloud, will launch its first version on May 1st. In addition, meme coins Pepe (PEPE) and Bonk (BONK) have seen gains of 45% and 16% respectively in the past 24 hours. The top 100 market cap gainers are as follows:
Pepe (PEPE): 45%
Theta Network (THETA): 40%
Pyth Network (PYTH): 37%
Stacks (STX): 26%
Akash Network (AKT): 16%
Bonk (BONK): 16%
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PYTH/USDT|Source: OKX
Bitcoin Dominance Remains High
Despite the recent strong performance of Bitcoin and the notable performance of the aforementioned competing coins, Bitcoin dominance remains at a high level of 51.9%. Compared to the December 2021 period when Bitcoin dominance briefly dropped to around 40%, this seems to indicate that the true Altcoin Season has yet to arrive.
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Cryptocurrency Market Dominance
PEPE
PYTH
Pyth Network
Bitcoin
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Related Readings
MicroStrategy Buys Another 3,000 Bitcoins, Holdings Surpass $10 Billion with Nearly $5 Billion in Unrealized Gains
Bitcoin ETF Performs Strongly, Bloomberg Analyst Bullish on Surpassing Gold ETF Size Within Two Years

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