COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: The Flow Horse: Pendle is on the Rise and Capital is Flowing into Ethereum
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > The Flow Horse: Pendle is on the Rise and Capital is Flowing into Ethereum
Altcoin News

The Flow Horse: Pendle is on the Rise and Capital is Flowing into Ethereum

In Brief

  • The Flow Horse claims that the decentralized finance altcoin Pendle is preparing for a major surge.

  • Additionally, the analyst predicts that capital will start flowing into Ethereum after the slowdown of Bitcoin and Solana.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

The Flow Horse, a prominent figure in the cryptocurrency markets, suggests that the low-cap decentralized finance altcoin Pendle is paving the way for a significant rise.

Contents
Major Surge in PENDLE“Influx into Ethereum is about to Begin!”

Major Surge in PENDLE

The crypto analyst, known by the pseudonym The Flow Horse, stated on social media platform X that Pendle (PENDLE) is poised to rise, enabling users to tokenize and sell their future returns. The analyst included the following statements in their remarks:

PENDLE is definitely about to explode. Complete the accumulation process. Successful turnaround at the highest levels of the new year (support/resistance).

The popular altcoin Pendle has seen a 11.5% increase, trading at $1.24 in the last 24 hours.

“Influx into Ethereum is about to Begin!”

The analyst then predicted that after the slowdown of Bitcoin (BTC) and ETH rival Solana (SOL), capital will start pouring into Ethereum (ETH) on a large scale. The analyst stated the following regarding the matter:

Due to most people’s focus being on Solana, most people’s focus being on BTC, and ETH not progressing with the same intensity as everything else, it has become somewhat of a joke. However, I believe it is preparing for a major surge. From a technical perspective, ETH seems to be just starting to explode, similar to what BTC did some time ago. Therefore, I believe this situation will be overcome. I am confident that when BTC cools off and after the approval of ETFs (exchange-traded funds) after January 10th, we will see a significant amount of capital flowing back into ETH. I also expect some of the capital in Solana to flow back into ETH.

In conclusion, cryptocurrency analyst The Flow Horse predicts that the low-cap DeFi altcoin Pendle (PENDLE) will soon experience a rise, and capital will flow into Ethereum. According to the analyst, Pendle’s fundamental measurements and accumulation process have the potential for future tokenization. As of writing, Ethereum has seen a 1.4% increase in the last 24 hours, trading at $2,232.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Boom: Bitcoin Surges Amid Dramatic Market Shifts

Ethereum Outshines Bitcoin with Impressive Surge

Ethereum Boosts Altcoin Surge with Significant Rally

Sei Network Simplifies Crypto Infrastructure with Ethereum Focus

Tron Nears Critical Resistance Zone with Promising Signs

COINTURK NEWS 5 December, 2023 - 10:09 pm 5 December, 2023 - 10:09 pm
Share This Article
Facebook Twitter
Share
Previous Article 2024 Altcoin Predictions: Chainlink Community Counts Down to Bull Season
Next Article Bitcoin: Another Milestone Passed for BTC
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Lido Finance Empowers stETH Holders with New Governance Proposal
Cryptocurrency News
Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently
Bitcoin (BTC) Coinbase
Crypto Markets Surge with Bitcoin’s Impressive Rise
Cryptocurrency News
Arthur Hayes Predicts Bitcoin’s Meteoric Rise as Money Supply Soars
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?