Should I Buy 🐍Pyth? Is it a $LINK killer?🧐
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- #Pyth #PythNetwork #Oracles #BestOracle #Chainlink #LINKvsPYTH #LinkKiller #shouldibuy
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DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.
0:00 Introduction
01:11 IA Token Valuation Process
01:52 Pyth Background
02:22 What it Does
04:04 How it Plays
05:06 Target Industries
05:41 Value Propositions
06:42 Pyth Tokenomics
07:06 Pyth Tokenomics - Vesting & Allocations
07:50 LINK Tokenomics as a comparison
08:14 Developers
08:47 Uptime Stats
09:10 Pyth Quality Comparison
09:51 Pyth Ecosystem
10:38 Link Ecosystem
10:59 Pyth Chain Activity
11:31 Link Chain Activity
11:51 Pyth vs Link and Availability
12:24 Track Record
12:43 Pyth Transaction Growth
13:09 Pyth Transaction Growth - Zooming In
13:30 Pyth Wallet Interactions - 2.42M
13:54 Risks
15:21 Risks: The Pyth Competition
15:45 Pyth Air Drop - avg Value by my calc $1600
16:23 Pyth Price Action - up 64% in 2.5 Days
16:53 My SOL/PYTH Pair up 13% since Yesterday
18:10 IA Pricing Math based on LINK MC and IA PT
21:13 Pyth Exchange Listings
21:33 I trade Pyth on JUP.AG Jupiter DEX
22:43 You can Stake It
23:01 Pyth vs Link and Availability - VIP Chart
23:26 Pyth by the Numbers
24:40 Conclusion - วิทยาศาสตร์และเทคโนโลยี
Another one of the streams that simply blows your mind. What data, what a stream, what delivery. Thank You IA Team & James. 10 out of 10.
Happy Thanksgiving, my dear friend 🍁🦃
No, is pure garbage. How can you be so dumb to believe LINK only has 4 price feeds? This is what he calls "data" 😅
Thank you for making this videos, James. All the work you put in is very much approciated 😊
No video is complete without the audio problems at the start of the live stream 😂 we love you James 🎉
This is now a his trademark
Thank you James. As always, I love your passion and you clearly enjoy what you do. Keep up the good work. Haven’t missed an episode for over a year 😎
Much appreciated
I'm thankful for James and the awesome IA team. You guys are changing my life. Much love to you all.
Love you too James! Some very full-some information as always and an exciting project. You are a great mentor to my Buddy and I as we move through our first Crypto era. We are very lucky to have the benefit of you and Team's uncompromising appraisal and experience. Sincere thanks and best wishes for the season!
Thanks again!
James, you're the man! Been lurking around and DCA'd MSTR all of 2022-2023 and got back in SOL this summer at $25 and coverted all my ETH to SOL at $42. Just aped into PYTH once I saw Trading View was using it's data feeds.
bingo mate
and you sir just made huge gains! Well done.
Now that I am a little smarter, thanks to James and the community, I literally was studying Pyth last week. It feels good becoming smarter. Thank you James.
When it comes to James videos. You hit like before you watch. That’s the rules
Yes, that's how I roll...and I'd smash the BRILLIANT BUTTON if we had one
Exactly what I do
you are both so gracious
Happy Thanksgiving 🍁🦃
@@InvestAnswers you as well James. Thankful for all you do for the community
I’ll never miss an IA video, Holiday or not! Thank you James for your incredible passion and hard work you do for the world. For free!!! Happy Thanksgiving to you and the community 🦃❤️
Happy Thanksgiving, my dear friend 🍁🦃
Hey. Any chance a video on jasmy. It has 50 billion max supply. Close to 47 B already circulating. Strong team and backers.
@@RanjeetSingh-qt9yh Drop jasmy and consider Pyth after this video. Take one look at the long-term price-chart of Jamsy. It's dead.
12:05 The depth, accuracy, and relevance of the information within each feed matter more than just the quantity of feeds. It's about the richness and utility of the data provided in each feed rather than the sheer number of feeds themselves.
You do deep dives like no other. Mad respect!
🙌
Thanks so much James 🙏...Giving thanks to you for helping us and giving us hope ❤❤.
Happy Thanksgiving 🎉🎉
Same to you!
Love your videos. What a coincidence - I have just been out buying PYTH and now seeing your video makes me even more bullish. Thanks for the deep dive!
Thank you for making this video especially during the holiday season.
You are so welcome!
Thanks for the update and info. Bought PYTH yesterday prior to this video. Will buy more soon..🎉
Hope you enjoy it!
Happy thanksgiving 🍁🦃 thank u for much value ! Always hoping u the best
Happy holidays!
Been awhile but I'm back! Your still the best and most informative analyst on TH-cam! Great to be BACK!
Awesome, thank you!
chainlink has 711 price feeds on 17 chains. Good video (I have a pyth bag myself) but seriously underrepresnting what Chainlink is. LINK has been far more than an oracle for price feeds since 2020. CCIP, VRF, Functions etc are extremely valuable uses far beyond price feeds. additionally LINK has a much great circulating supply than Pyth currently does, the fully diluted MC of pyth is already like 1/3 of Links. I have pyth and expect it to go up a lot, and am using it as a hedge esp in the SOL ecosystem, but I do not expect it to outperform my LINK bags by a long shot
If you were buying at today prices, which would you buy? PYTH is at 2.5B - 3B today undiluted for 2025. It's the shiny new thing on SOL. I missed the 2023 pump and most solid projects have left the station. I'm considering a 50% PYTH bag for a 10x. LINK did a 22B market cap in 2021, so I'm thinking 7x-10x for Pyth from $.4 cents/$.6B mc = $2.80 - $4 PYTH in 2025? risky?
Criminally misrepresented LINK
Happy Thanksgiving James! Thank you!!
Same to you!
Love your work James, no BS and calls it as it is.
Just the video I was looking for! Who else to review it but the one and only IA Team!
The man of the people. Wishing a blessed holiday James and investanswers army 🦃
Thanks James. Another great video. Really appreciate the content. Enjoy your Thanksgiving with your family.
Thanks, you too!
Appreciate all your hard work on bringing a solid view on so many areas
Happy Thanks Giving!
Happy holidays!
thank you for data and info sir. happy holidays to all
Awesome video! Thank you! Glad I found ya!
Thanks James ! Very good presentation 👏👏👏
Fantastic stream again, so great to see this in dept analysis and bringing new crypto to our attention. Thank you so much for your hard work.
Glad you enjoyed it!
i had to subscribe the breakdown was so clean
Thank you 🙏
Thank You James another great alpha pack video sir! ive came to the same conclusion (tho not nearly as complex,ty again) and picked up pyth as well. Happy Thanksgiving
Glad it was helpful!
Thanks James, great video.
Happy Thanksgiving James. Great video, as always!
Thanks! You too!
James, thank you so much for your carefully crafted nuggets, your commitment to real data and this precious daily moment of truth you share with all of us through this truthnet you have created for all of us.
❤
Amazing content and research efforts!!!
Thank you, James.
thanks for the alpha! always great content 👌,it would be convenient to flip some chainlink for pyth
need more of this for new interesting projects. Thanks Uncle James ❤
Happy Thanksgiving! Grateful for all your alpha!
Same to you!
Thank you very much for the analysis, James !
My pleasure!
Great video as always
Cheers James , I just made an allocation to pyth and we will see 🙏
Thank you for the great video. Happy Thanksgiving !!
Happy holidays!
Great video! But are you not concerned that the PYTH tokens role within the Pyth network is just for Governance at this moment in time? Im not sure that was mentioned in the video. Compared to LINK where the token is used for the actual network activity. Hopefully they have a lot more planned for the actual token. Would like to get your take on that
Happy Thanksgiving- such timely info- thanks James!
Happy holidays!
Thx u
Thank you James
Thnx and good morning James hoop thanksgiving was good for you.
❤
Great Video James ❤🎉
Happy Thanksgiving to James and all.
Same to you!
I was really hoping PYTH was going to fly under the radar a little bit longer while I filled my bags... Another home run IA show.
Dipped today. Picked up a nice bag. Thanks👌
Thanks for the video. It was a good one!
🙏
Thanks James for the data analysis... excellent as always... much appreciated... Happy Thanksgiving to you and your team...
Hello James, for me you are the most trustworthy guy on TH-cam when it comes to crypto. Thank you very much for your support during this crazy time. Best regards from Germany.
I appreciate that!
@@InvestAnswers For Germans it's always a little strange when Americans say 'I love you' but I can say with full conviction 'James, I love you!'
@@jawasgehtdennhierab 🤩💕😊
Thank you james❤
The quality of this video.. outstanding!
I think it’s hard to compare Pyth with link unless they get collaborations with DTCC and SWIFT , and I believe LINK can do some other things that PYTH can’t do , but if PYTH gets collaborations with DTCC and Swift then it’s game over PYTH to the moon
hence I have value as a fraction of LINK MC
Just as Link improved on Qnt, Pyth is improving on Link, it's the nature of tech, always moving forward with improvement, Pyth will get its collaborations, it's still very early, Link is well established, once DTCC and SWIFT see what Pyth can do as compared to Link, it's common business practice to side with the supplier/tech that will provide the most enhancement to the end product.
@@smokinjoe90 Logic makes sense, except wrong order. QNT actually launched after and improved on Link.
@@roshifucorrect ✔️
@roshifu yes, my mistake, I blame the Link marines infiltrating my X feed. lol.
Great deep dive!
Hey James ! Well first comment here, following you since much times now.
Thanks for this one. Very nice work on this project! I have 3 observations;
- One thing you could mention is the quality of the airdrop, plenty of ppl got 500-3000$ which is really super great for lots of us. Its even life changing for some people in some poor country. For this wealth distribution, Pyth became an hero of the community, and for me thats is the most bullish sign you can ever think of.
- One other thing , is im concerned about the token itself, i understand the distribution release which is super great, but what does the token itself do ? Is it a share ? Is it just a gov token ? I like gov tokens, some protocols made super nice designs, and real sci-fi governance over there; but to me unique usecase gov token are worthless (simple economic model thinking) maybe in future, we need improvement to the "bigger bag get it all" or a huge investors community like Cosmos for ex.
- Last thing is i paired Pyth too , but not with SOL, with USDC, in ORCA farms (getting 7% week over there) , you have some ORCA farms up in Pyth/Sol
Cheers again, loving the content and your sparing energy
James, any chance of an updated Pyth video? Amazing insight - thank you.
Fantastic video👌🏻
Thank you 👍
Nice work James 👍 Thank you!
No problem 👍
Outstanding analysis "a la" James style!👏🏽👏🏽👏🏽👏🏽❤️
Thanks for your hard work and always bringing the Alpha!
Always!
Happy Thanksgiving James!
Happy holidays!
Thank you James for all your amazing work on this project and many others.. Best team in the crypto market bar none !!!
hello james, im very appreciative of both your investing knowledge and your willingness to share the hard sought data.
you briefly mentioned that had made an earlier video on how to purchase pyth; i cannot seem find this video. is there any chance you could provide a link to this video? if not, just a brief guide for someone fairly new to crypto, on how to navigate these choppy waters.
signed; greatly appreciative.
Great vid as always - but where/how do you store it as the phantom wallet doesn't seem to have any PYTH netwok token in the search at all...do you simply send it to a SOL address directly?
Phantom wallet has Pyth! I guess you need to update your app
@@MenZone2 thank you , found it .
Thanks for the Alpha once again, James!!! I found this jewel also, bought it on the day they went live on Jupiter and Raydium!!!
What date was the token released I'm curious
Just watched this again today, and loaded up my pyth bag💰 @0.35 thanks James for the tip on this fastest horse
Really love James. Time spent watching his videos are my best investments
Awesome.. as usual!
Thanks so much James, this came out just at the right time for me mate.
I was hoping this project would hit your radar.
Now I am clear on how it works and if it has value.
Glad I could help!
Thanks James ❤
Thank you very much James!!
You are very welcome
Great work, really enjoyed this. Given the risks you raised, do we know how much of a focus on security they have?
Hi James brilliant video. Quick q - what price did you get in at?
Great stuff
Hey James, do a Jupiter demo. Some of us are still using Cex s and not real confident about self custody.
Great video as always! Whats the cost of each transaction compare to other oracles? 🙏🙏🙏
Thanks buddy
Well done ❤❤
I regret selling half my Pyth airdrop after this video! Happy Thanksgiving James and try to take some rest over the holiday.
Happy holidays!
Great stuff! Is API3 a competitor or will it live in coexistence with Pyth?
We need a follow up James
Darn it James! There goes my kids xmas money! Happy Thanksgivings!
Thanks for another Alpha. You're da man!
Love you and your channel, but I have to say I am very confused by this video. First it isn't in the top 100 which you always seem to require. In addition, it only has 15% of total supply currently in circulation. It has a fairly aggressive unlock schedule. It isn't on any major exchanges. Complex to use. These all seem to go against what you advocate. I hope you see this and reply.
not on any major exchanges ? it s on binance mate, the biggest
Not for me it's not. Had the use bybit
It's new, only been released 3/4 days, but James spotted the potential straight away as it could be a game changer.
@@me-zx1ri I agree with what James says 99% of the time, but the only way I would put money on this one is if I was prepared to lose it all. It's a straight up gamble IMO.
@@lkasdlf I disagree, this is like unearthing Solana on 4/13/2020 at 90 cents (4 days after launch). When you prepare a table comparing both companies, PYTH is 4 days old while LINK was launched in June 2017, and with what PYTH has done pre-launch, i see great things. It is only 45 cents a token, $450 (costs of a teak dinner at my local resto) will get me 1000 tokens. Good luck to all!
Thanks James, loving the encouragement to experiment with a little DeFi !
You can do it!
…literally doing it right now.
great content
One hour ago I did not have a Phantom wallet. Now I do. :) Thank you.
Glad I could help!
Just a regular day for us Aussies, James! Happy Thanksgiving to you all.
Happy holidays! 🍁🦃
Always here James..Always interested in every analysis you do..and TY very much for that..Happy Thanksgiving to you and your family..
Same to you!
1.2k+...Thanks James. Good topic.
Awesome content James thank you 🙏 Do you think it’s worth pivoting from SOL to PYTH, I can’t do both at the moment?
Not at all
Loved it, thank you James! Happy thanksgiving.
Glad you enjoyed it! Happy Thanksgiving, my dear friend 🍁🦃
James hi, congrats for perfect presentation, one question, are you still bullish on pyth qnd whats the mc tjhat can achieve this little boy? Thanks in advance.
Thank you.
Thank you James for taking the time for such a wonderful and helpful video. Happy ThanksGiving.
Glad it was helpful!
Can we refer to this as the Mike Tython coin?