Arthur Hayes: Has bet on PENDLE to rise to $10
BitMEX co-founder Arthur Hayes quoted a Pendle tweet stating that Pendle has bet on PENDLE to rise to $10 as it goes online with DeFi combined with BTC.
Previously, Pendle has officially stated that it will unleash new revenue opportunities for BTC including: 1. PT-LBTC: BTC fixed income; 2. YT-LBTC: leveraged exposure utilizing multipliers, i.e., Corn Kernel (3x) + Lombard Points (3x), and Babylon Points (1x).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.
Circle mints 1 billion USDC on Solana network within 24 hours