Pendle

Future

Arthur

Spot

Percent

Bitcoin, the leading cryptocurrency, is trying to recover the losses it suffered while falling to $ 64,000 levels at the beginning of April.
At this point, while BTC reached $ 69,000 again last night, some altcoins also differentiate positively from the market with the rise they experienced.
One of these altcoins was Pendle (PENDLE), while the PENDLE price increased by approximately 30% and attracted attention amid the fluctuations in the crypto market. With this rise, PENDLE ranked at the top among the altcoins that gained the most in the last 24 hours.
While the main reason for the increase in Pendle price was the increase in total locked value (TVL), according to DefiLlama data, Pendle's TVL increased from $ 240 million at the beginning of the year to approximately $ 4 billion in April.
In his post, Spot on Chain also pointed out that Pendle TVL reached 4 billion dollars and with this increase in TVL, the PENDLE price increased sharply by ~30% in the last 24 hours.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PENDLE</a> price rose sharply ~30% (24H) as the <a href="https://twitter.com/pendle_fi?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@pendle_fi</a> is reaching ~$4B in TVL!
 Wallet 0xacf (likely an investor) took this opportunity to deposit 200K <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PENDLE</a> ($1.26M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> at $6.27 1hr ago.
 The wallet vested 562.5K <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PENDLE</a> in 2022/3, at ~$0.147 ($82.5K),
 And has… <a href="https://t.co/hQWfKggs7d" rel="noopener noreferrer nofollow">pic.twitter.com/hQWfKggs7d</a>
 — Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1776080538740400302?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 5, 2024</a>
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<h2 id="pendle-the-future-of-defi">“PENDLE: The Future of DeFi!”</h2>
While PENDLE attracted the attention of investors with its rise, the former CEO of BitMEX, Arthur Hayes, who made a name for himself with his posts, also shared a Pendle post. Pointing to the rise in PENDLE price, Hayes described Pendle as the future of decentralized finance (DeFi).
PENDLE continues to trade at $5.74 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The future of <a href="https://twitter.com/hashtag/DEFI?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DEFI</a> is <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PENDLE</a>.
 Yachtzee bitches <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f618.png" alt="😘" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f618.png" alt="😘" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f618.png" alt="😘" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f618.png" alt="😘" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f618.png" alt="😘" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/4MtqmQvjpR" rel="noopener noreferrer nofollow">pic.twitter.com/4MtqmQvjpR</a>
 — Arthur Hayes (@CryptoHayes) <a href="https://twitter.com/CryptoHayes/status/1776039604510216658?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 5, 2024</a>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/this-altcoin-diverged-positively-from-bitcoin-ranked-at-the-top-with-its-30-percent-rise-here-is-the-reason-for-the-rise/" rel="noopener noreferrer nofollow">This Altcoin Diverged Positively From Bitcoin, Ranked At The Top With Its 30 Percent Rise! Here is the reason for the rise!</a>

This Altcoin Diverged Positively From Bitcoin, Ranked At The Top With Its 30 Percent Rise! Here is the reason for the rise!

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