Pendle Crypto's Biggest Cheerleader, Arthur Hayes, Just Sold Many of His Shares in What He Once Considered One of the Leading RWA Coins

For over a year, Hayes, who served as an advisor to Pendle and asset manager Blackrock, has been the two biggest players investing in Pendle crypto

Pendle crypto's biggest fan just sold many of his shares in what he once called a top RWA coin.

For more than a year, Hayes, an advisor to Pendle and asset manager Blackrock, has been the two biggest players investing in Pendle crypto, the latest coin to crash the real-world asset and DeFi party.

Pendle promised to change DeFi with future yield trading, giving users a way to max out returns with advanced smart contracts and easy connections to DeFi.

Now that Arthur Hayes has sold, here's what comes next.

Why Arthur Hayes Sold Pendle Crypto

On Saturday, the BitMEX co-founder said that his family office, Maelstrom, is cutting back on its PENDLE holdings, hinting at a new investment to come.

"Even after the reduction, it is still one of our largest positions. We still fully believe that PENDLE will be the leader in crypto interest rate derivatives. And we plan to profit off of their success.

We have reduced our position to fund a special situation. Those who monitor our wallets will get a glimpse as to what that is in the very near future." – Arthur Hayes

At the time of writing, Pendle, the 114th ranked cryptocurrency, is slowly climbing back to its all-time highs, trading at $4.54. It's up 25% this month.

With Hayes and Blackrock still in the game, Pendle is a great institutional RWA and DeFi play. While hitting $10 soon may be a long shot, it's still possible if the market keeps going up.

In June, Hayes unstacked around $10 million in Pendle but still holds it today, showing strong interest from industry veterans.

Pendle Is Good, But This Crypto Is One To Watch, Too

While Pendle will disrupt the markets, Pepe Unchained (PEPU) is a layer-2 meme coin that's doing the same. Right now, Pepe Unchained (PEPU) is sweeping the market, having already raised $15 million in its presale, which is ending soon! You don't want to miss out.

Pepe Unchained is not just another copycat meme coin. It's a meme smart contract that's 100 times faster than Ethereum, with transactions that are almost free.

Of its 8 billion tokens, 20% go to early investors, 30% pump up staking rewards with crazy 4,800% yields, and 20% is put into marketing.

Pepe Unchained wants to be the first of its kind and break new ground in the meme sector.

Grab Some PEPU Tokens Here

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