PENDLE Price Analysis and Historical Trends

Introduction to PENDLE

PENDLE is a cryptocurrency that has gained traction in decentralized finance (DeFi) markets. This article explores its latest price trends, market data, and historical performance to help investors make informed decisions.

Current PENDLE Price

  • Latest Price: $3.3887
  • 24H Change: -0.53%
  • Market Cap Rank: #66
  • 24H Trading Volume: 13,960,400 PENDLE
  • 24H Price Range: Data not available
  • All-Time High (ATH): Reached on April 12, 2024
  • All-Time Low (ATL): Recorded on November 13, 2022
  • Investment Return: +99.84%

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Key PENDLE Metrics

Market Capitalization & Supply

  • Circulating Supply: 238,185,588 PENDLE
  • Total Supply: Data not available
  • Market Dominance: Calculated as (PENDLE’s market cap / Total crypto market cap) × 100%

Liquidity Indicators

  • 24H Turnover Rate: Measures trading frequency relative to market cap.
  • BTC Correlation: 0.89 (Highly correlated with Bitcoin’s price movements).

PENDLE Historical Data

Price Performance Over Time

Period High Price ($) Low Price ($) Closing Price ($)
24H
7-Day
30-Day
90-Day

Annual Trends

  • 2022: ATL at an undisclosed price.
  • 2024: ATH at an undisclosed price.

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Frequently Asked Questions (FAQs)

1. What influences PENDLE’s price?

PENDLE’s value is driven by DeFi adoption, trading volume, and Bitcoin’s market trends due to its high correlation (0.89).

2. Where can I buy PENDLE?

PENDLE is listed on multiple exchanges. Always verify platform security before trading.

3. Is PENDLE a good investment?

Past performance (e.g., +99.84% ROI) doesn’t guarantee future results. Conduct independent research.

4. How is PENDLE’s supply managed?

Its circulating supply is 238M tokens, with inflation/deflation mechanisms tied to protocol rules.

5. What’s PENDLE’s highest recorded price?

The ATH was set on April 12, 2024, though the exact price isn’t disclosed here.


Disclaimer

This analysis is for informational purposes only. Cryptocurrency investments carry risks; always perform due diligence.

Note: Data accuracy isn’t guaranteed. Refer to official sources for real-time updates.