PENDLE
Pendle has launched a new protocol that allows users to tokenize and trade future returns. This innovation is made possible by an automated market maker (AMM) that specializes in time-decayed assets. This approach gives users more control over future returns, opening up new possibilities for return utilization and optimization. As the platform's native token, PENDLE can earn rewards by providing liquidity to the protocol.
Users can lock up PENDLE tokens for up to two years to vote on governance proposals and receive 3% of all earnings generated by their yield tokens (YT). Currently, PENDLE is trading at $5.4, up nearly 3% on the day. PENDLE's moving averages are in a strong uptrend, and long-term indicators are showing a strong buy signal. Although the MACD has fallen slightly, the overall technical outlook is positive, indicating that there is potential for further gains.
TON
Toncoin’s price has been trending upward since last week and has temporarily stalled near $8. The current trend remains strong and buyers continue to increase their long positions in anticipation of further gains.
Once the Toncoin price successfully breaks through the $8 mark, it will trigger short covering, which may quickly push the TON price to $9.
Currently, TON is trading at $7.6, up 1.52% intraday, reflecting stable intraday price action. Notably, the RSI curve remains above the midline region, indicating a lack of significant bullish momentum over the past two sessions. At the same time, multiple doji candles and a bullish "football" pattern appeared on the K-line chart.
ICP
The Internet Computer Project is one of the most innovative blockchain projects, dedicated to expanding the functional boundaries of the Internet. It provides a new blockchain-based construction platform for network developers, enterprises and various Internet services.
The Internet Computer introduces advanced features such as chain key technology, which enables it to run efficiently at Web speeds. Its unique architecture not only helps the system to expand, but also greatly simplifies the developer experience.
YGG
Yield Guild Games (YGG) is the world's first and largest Web3 game guild, focusing on blockchain-based play-and-earn games. Here is an overview of YGG:
YGG is a decentralized autonomous organization (DAO) focused on NFTs used in virtual worlds and blockchain games. It is a Web3 gaming guild where players can connect with each other, discover games, and earn money together. Its goal is to become the leading community-based user acquisition platform in Web3 games.
YGG has built a community of gamers and investors interested in earning money by playing games. The DAO owns the NFT assets used in these games and shares the profits with its token holders (YGG). YGG offers various programs to help members succeed in Web3 games, such as scholarship programs and missions.
YGG is the native token of Yield Guild Games DAO. Owning YGG tokens means owning governance rights. The price of YGG is as volatile as other cryptocurrencies.
