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Message of 'New Era' for Altcoin: Can Knock Out Its Eternal Rival in Just 1 Day! - Coin Bulletin
CoinBureau's famous host Guy Turner mentioned that Pyth Network could surpass Chainlink due to its high transaction fee revenue potential. Please provide the text to be translated. A popular cryptocurrency investor claimed that Pyth Network, a decentralized oracle service, could one day surpass its rival Chainlink (LINK).
CoinBureau's host Guy Turner, in his explanation to 2.57 million YouTube subscribers, said that the market value of Pyth Network could significantly increase over time due to its potential for high transaction fee income.
"In my opinion, Pyth Network is one of the most underrated cryptocurrencies. That's because it's an oracle where blockchains like Solana depend on high-frequency data streams. In other words, the Pyth Network works like Chainlink, and some argue that it's better than Chainlink."
Turner stated that Pyth Network has its own blockchain (Pyth Net), which can receive transaction fees with PYTH token, emphasizing that this feature can make PYTH token a bigger project than LINK.
Currently, PYTH is trading at $0.49 and has increased by 7% in the last 24 hours. The market capitalization of Pyth Network is $1.79 billion, ranking 83rd.
Meanwhile, LINK is currently trading at $29.08 and has a market value of $18.21 billion, ranking 13th.