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BREAKING: 🚀 PENDLE SURGES 116% POST-HYPEREVM LAUNCH – BUT CAN IT HOLD?!
wait, is Pendle gonna moon 116% with Hyperevm launch or nah? 🧐 what’s with the Binance whale deposits messing
meme coins who?? 🚀 Pendle’s on a hype train after Hyperevm launch, but watch out for those Binance whales at
Main to remember: 🚀 Pendle’s price surge was attributed to its Hyperevm integration, record volume, and power increase. However, uncertainty arose due to new Binance whale deposits, making resistance at $7.50 crucial for short-term price stability.
At the time, Pendle had surged 38% in a week, with trading volume spiking 414%. With over 90% of its supply unlocked, traders awaited the next yield farming phase on August 11.
Hyperevm start: 🌟 Pendle’s rally followed the launch of Ethena (ENA) on Hyperevm with promising fixed yields and LP yields. The announcement positioned Pendle deeper into the fixed yield space, hinting at further potential.
Can Pendle hold? 💥 Pendle’s price breakthrough past $5 could lead to a 116% rally, but $7.50 resistance remains a challenge. Failure to sustain above $5 might invalidate this projection, as corrections are typical in market cycles.
Pendle Eyes 116% Breakout after the launch of Hyperevm – Except …
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