Data first: $PENDLE is up 5.98% intraday.
Now the news: Franklin Templeton has launched a tokenized high-yield bond product on Pendle, supporting on-chain yield trading.
This could attract some attention from outside the market, but whether that attention turns into buying pressure is what matters. My usual approach is to look separately at the price action one hour and 24 hours after the news.
#PENDLE
Now the news: Franklin Templeton has launched a tokenized high-yield bond product on Pendle, supporting on-chain yield trading.
This could attract some attention from outside the market, but whether that attention turns into buying pressure is what matters. My usual approach is to look separately at the price action one hour and 24 hours after the news.
#PENDLE