Pendle Coin represents a revolutionary approach to
crypto investments, with frequent predictions and analyses indicating a positive trend for the cryptocurrency. Institutional buying sprees and remarkable presale numbers from MoonBag have bolstered Pendle's value. Pendle Finance, as a DeFi platform, has seen a near $1 billion increase in total value locked (TVL), a milestone achievement. Bitcoin billionaire Arthur Hayes invested in Pendle, boosting its price significantly alongside
TVL surging. Furthermore, possible triggers could ignite new all-time highs (ATH) for Pendle. Various events like whales' accumulation of Pendle Coin or network TVL drops could affect its price. As of now, the coin seems to be doing well, attracting big investors.
Arthur Hayes has been actively involved in buying PENDLE, even at times when the market is not looking too strong. However, he also occasionally sells, impacting the value of the coin, which suggests careful monitoring for potential investors. Subsequent headlines also hint at potential risks, with some predicting major corrections and the platform's
TVL suffering substantial decreases. The coin's overall performance, however, has piqued market attention, with its price rising around
40% within five days and even hitting new ATHs. The month-to-month performance has varied, with one instance of Pendle gaining
122.41% in a single month. Despite some turbulence and challenges, long-term investment potential with
Pendle remains strong.
PENDLE Coin News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Thu, 01 Aug 2024 00:24:10 GMT -
Rating 7
- Innovation 7
- Information 9
- Rumor 6
