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

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Pyth Network (PYTH) Soars
Meme Coin PEPE Takes the Lead in Daily Gain
Bitcoin Dominance Remains High
Pyth Network (PYTH) Soars
Leading South Korean exchanges, Upbit and Bithumb, announced the listing of the Solana oracle project Pyth Network (PYTH) on the 27th.
Upbit will list it on the Korean won and BTC markets, with trading set to begin at 17:00 Taiwan time; Bithumb will only list it on the Korean won market, also starting trading at 17:00.
PYTH has surged by 37.5% in the past 24 hours, seemingly influenced by this news.
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Meme Coin PEPE Takes the Lead in Daily Gain
According to CoinMarketCap, PYTH has also seen a staggering 103% increase since February.
Meanwhile, the decentralized video streaming network Theta Network 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 also experienced 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%

PYTH/USDT|Source: OKX
Bitcoin Dominance Remains High
Although Bitcoin has shown strong performance recently and the aforementioned competitor coins have also performed well, Bitcoin’s dominance remains high at 51.9%.
Compared to the fact that Bitcoin’s dominance had once dropped to around 40% in December 2021, this seems to indicate that the true Altcoin Season has not yet arrived.

Cryptocurrency Market Dominance
PEPE
PYTH
Pyth Network
Bitcoin

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