Pendle coin has been drawing attention of many top investors like Arthur Hayes who is reported to have bought 500,000 worth of Fragments, and also unstaked nearly $10M worth of them. His alleged strategy of 'Buy in May' seems to have caught attention of many, while some speculate its time to sell. Among other events, pendle was reported to have dropped by nearly 20% than the predicted price, giving rise to speculations about a major correction due in April. Notably,
Pendle has had its TVL drop by 40%, possibly causing the exodus of investors. Despite these, the Fragment continues to rally with price projections predicting it to reach $ 7.73 by Apr 30, 2024. It's also anticipated that PENDLE will offer a 50% upside rally and cross over the $10 barrier, although a higher long liquidation raises concerns of bear rule. The coin's future outlook continues to be positive with reports of holding firm support at $5. Major players in the cryptocurrency market like GALA have been keeping a keen eye on Pendle activities. The surge in interest and investment into
Pendle seems to have exciting events projected for it in the near future.
PENDLE Coin News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Mon, 08 Jul 2024 03:33:45 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -3
