Arthur Hayes Predicts PENDLE Surge to $10 via DeFi Combo
CryptoNewsTerminal Staff12 Sep, 2024
Arthur Hayes Predicts PENDLE Surge to $10 via DeFi Combo
Arthur Hayes, co-founder of BitMEX, has made a bold prediction: he believes that the price of PENDLE will soar to $10 through a combination of factors, including the launch of Bitcoin Arc, a BTC staking pool. This move is part of PENDLE's expansion into BTC-based decentralized finance (DeFi) platform BTCFi. Hayes' prediction is based on his analysis of the DeFi market and the potential of PENDLE's unique offerings, including its ability to offer leveraged exposure to BTC. With its foray into BTCFi, PENDLE aims to make BTC more accessible and unlock new opportunities for investors. While Hayes' prediction is not a guarantee of future performance, his track record as a successful trader and investor suggests that his insights are worth considering. Investors interested in exploring the potential of PENDLE and BTCFi should conduct their own research and make informed decisions based on their individual circumstances and risk tolerance.
