Surprise Listing on Binance Drives Attention and Momentum to Pendle Cryptocurrency

The cryptocurrency market today honed in on a single cryptocurrency following a surprise listing. Pendle (PENDLE), listed by Binance, the world’s largest cryptocurrency exchange by trading volume, caught significant momentum with this listing. However, it appears Binance wasn’t the only reason, and the rally could continue. PENDLE, In the Spotlight with its Surge Pendle Finance, an Automatic Market Maker (AMM) focused project, seems poised to become the golden child of the DeFi world. PENDLE, which had a surge of 50% and above today, had been signaling this rally for a long time. The growth of PENDLE has been accelerating since the beginning of the year. Starting at $0.046, PENDLE has now risen to $0.76, achieving a 1,552% rise. However, this increase cannot solely be attributed to the Binance listing. The reasons behind PENDLE’s impressive performance can also be seen when looking at on-chain data. Whales are Competing for PENDLE Looking […] The post Surprise Listing on Binance Drives Attention and Momentum to Pendle Cryptocurrency appeared first on COINTURK NEWS.