💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Recently, the market has been in a Sideways fluctuation state, but the Pyth Network (PYTH) has shown significant strong momentum, attracting the attention of investors.
As a leader in the next generation of oracle solutions, Pyth Network is renowned for its real-time primary data supply and has established in-depth collaborations with numerous decentralized exchanges and derivatives platforms. This counter-trend performance reflects the market's funds are re-following core infrastructure projects.
The Pyth Network is favored for several reasons:
1. Market positioning: Has become an important data provider for emerging ecosystems such as Solana, Sui, and Aptos.
2. Demand-driven: With the increase in on-chain derivatives trading volume, the demand for low-latency data is becoming increasingly strong.
3. Uniqueness: In the oracle field, the Pyth Network has scarcity, bringing new highlights to the market.
These factors make PYTH a potential safe haven for investors in uncertain market conditions.
For investors interested in investing in PYTH, the following strategies can be considered:
1. Conservative investment: Gradually build positions near the current price and closely monitor the support level.
2. Aggressive Investment: Utilize price fluctuations to increase positions during pullbacks, anticipating breakthrough market conditions.
3. Hedging Investment: Combine short positions in Bitcoin or Ethereum or stablecoin holdings to hedge against overall market downside risk while holding a long position in PYTH.
It is worth noting that market analysts suggest considering buying PYTH in the range of $0.16 to $0.18. However, investors should proceed with caution and make decisions only after fully understanding the associated risks. In the volatile cryptocurrency market, the performance of Pyth Network is undoubtedly worth following.