From Arthur Hayes to Blackrock, the big players have noticed Pendle crypto (PENDLE), the latest coin to disrupt the real-world asset and DeFi party.
Pendle is reimagining DeFi with future yield trading, offering users a chance to maximize returns via sophisticated smart contracts and seamless DeFi connections.
From a humble $3.02, it’s expected to soar to $9.50 by 2024, painting a rosy picture for investors. Here’s what’s next for Pendle
Technical Analysis and Price Prediction for Pendle Crypto
At the time of writing, Pendle’s price was in a nosedive, with every indicator screaming more pain ahead.
Important Metrics at a Glance:
- Price: $2.778
- Support Levels: $2.750, $2.700
- Resistance Levels: $2.900, $3.000
Prices for Pendle crypto are teetering on critical supports—if they hold, maybe a bounce. Until there’s a MACD crossover or a break past the 200-day SMA, it’s safer to stay skeptical.
The recent downtrend poses hurdles for Pendle, but with support from Arthur Hayes and BlakcRock, it is still a great institutional RWA and DeFi play. Hitting $10 soon might be a stretch, but it’s not off the table if the market vibes shift.
In June, Hayes unstacked nearly $10 million worth of Pendle but continues to hold it today, highlighting significant interest from industry veterans.
Pendle is Great, But This Crypto Is One To Keep an Eye On as Well
While Pendle will be an innovator and disruptor in the markets, Pepe Unchained (PEPU) is a layer-2 meme coin doing the same, Currently, Pepe Unchained (PEPU) is tearing through the market, pulling in over $9 million in its presale which is ending soon! You won’t want to miss it.
Pepe Unchained isn’t just another meme coin clone. It’s a meme smart contract speed demon, clocking in at 100 times faster than Ethereum, with transactions so cheap they’re almost free.
It’s basically the meme version of Solana or Sui!
Time to gear up and crush this week! 🚀 pic.twitter.com/tWkBqaLgdv
— Pepe Unchained (@pepe_unchained) August 19, 2024
Of its 8 billion tokens, 20% go to early investors, 30% pump up staking rewards with insane 4,800% yields, and 20% is channeled into marketing. They mean business.
Pepe Unchained aims to be the first of its kind and break new ground in the meme sector.
Check Out The PEPU Presale Here
EXPLORE: 19 New Cryptocurrencies to Invest in 2024
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
