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Pyth Network rises 22% with elevated volume, reversing month-long decline
- Pyth Network (PYTH-USD) staged a 22.02% recovery on June 11, closing at $0.03788 after hitting a 90-day low.
- Before the rebound, Pyth had been in a steady downward spiral, shedding 47.67% of its value over 31 days to bottom out at $0.03104 on June 10.
- The price recovery coincided with a 48.38% increase in daily trading volume, which reached $1.73 billion.
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Conclusion
PYTH-USD hit a 90-day low of $0.03104326 on June 10, down 47.67% from $0.05932707 on May 10. On June 11, the price rose 22.02% to close at $0.03787843. Volume rose from $1,165,846,964.18 on June 10 to $1,729,903,037.39 on June 11.