Pyth Network (PYTH) May One Day Overtake Its Rival Chainlink (LINK), Says Crypto Trader Guy Turner

In a new video update, Guy Turner, the host of CoinBureau, tells his 2.57 million YouTube subscribers that the market cap for Pyth Network (PYTH) may eventually soar due to its potential to generate massive fee revenue.

A crypto trader with a large following on YouTube says one decentralized oracle service project could eventually surpass its main rival, Chainlink (LINK).

In his latest video update, Guy Turner, the host of Coin Bureau, shared his thoughts on the potential for Pyth Network (PYTH) to experience a significant increase in its market capitalization due to its ability to generate substantial fee revenue.

“I believe that Pyth Network is one of the most undervalued cryptos out there. It’s a decentralized oracle service that provides high-frequency data feeds, which blockchains like Solana rely on.

Essentially, Pyth Network is like Chainlink, but some argue that it’s even better. That’s because Pyth Network has its own blockchain, called Pyth Net, which could allow the PYTH token to be used for fees in the future.

This could make PYTH bigger than LINK, which is already massive. However, for now, PYTH remains largely unnoticed, which could be beneficial for those interested in entering the market early.”

At the time of writing, PYTH is trading at $0.49, showing a 7% increase over the last 24 hours. With a market capitalization of $1.79 billion, PYTH ranks as the 83rd largest crypto project.

Meanwhile, LINK is trading at $29.08, showing a slight increase over the last 24 hours. With a market capitalization of $18.21 billion, LINK ranks as the 13th largest crypto project.