Pendle Coin has been making waves recently in the cryptocurrency sector, catching the attention of both investors and market analysts. The coin surged significantly after getting listed on newer exchanges, even as other Altcoins experienced a price jump. The
$1.2M presale on DTX Exchange amassed greater anticipation than notable bullish sentiment for Pendle and Litecoin. Despite weaker crypto price action, and a plunge in DeFi tokens, Pendle breasted the tide with impressive resilience. The DeFi platform nears
$1B in total value lockup as it continues to stir considerable optimism for a breakout capable of pushing the price to new levels beyond $10.
In spite of
security concerns and Domain Hijack attempt, Pendle seemed unhindered as the price shot up to 14%. The coin’s performance showcased a promising reversal due to increased I
nstitutional Buying. BitMEX Co-founder,
Arthur Hayes staked nearly $10M in Pendle, signaling his endorsement and driving up the price by 20%. Even as the
total value lockup dropped by about 40%, the coin’s price rallied, revealing strong support against known risks. The ultra-realistic image capture of the Pendle coin performance can be likened to the intensity of a supernova explosion, captured stunningly on a Sony α7 III camera fitted with an 85mm lens at F 1.2 aperture settings. This cosmic phenomenon mirrors the exponential growth, electrifying energy, and the mesmerizing allure of Pendle Coin.
PENDLE Coin News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Wed, 07 Aug 2024 15:00:00 GMT -
Rating 5
- Innovation 5
- Information 6
- Rumor 4
