A wealth of information about the crypto asset Pendle (PENDLE) is being reported across the industry. Many analysts predict new highs and solid investment returns by 2024-2030, although some caution that a slowdown in usage could impede its recovery. PENDLE, alongside other promising cryptos like MoonBag and Pepe Coin, is being noted for its potential for massive return on investment.
Renowned bitcoin billionaire Arthur Hayes is now a significant investor, causing a notable price surge. Despite some recent turbulence surrounding a domain hijack attempt and weak crypto price action, the asset is now on a strong recovery path. Current predictions suggest the value of PENDLE could hit $β―5.95 by May 04, 2024. Various experts and investors predict a new all-time high, with promising signs of institutional buying sparking major reversals and rallies.
Concerns have been raised regarding increasing token theft and a recent 40% drop in Total Value Locked (TVL). Despite these concerns, Pendle Finance has recently surpassed $4B in TVL, a significant milestone for the coin.
PENDLE Coin News Analytics from Fri, 26 Jan 2024 08:00:00 GMT to Sun, 25 Aug 2024 20:17:38 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor 6