$PENDLE Price Tumbles! What's Going On? 😅

The price of #PENDLE isn't looking so happy right now. It's down 18% today and almost 30% in the past week. 😤

What's causing the drama? Some folks think it might be tied to a recent drop in something called "TVL". Basically, that means less money is chilling in Pendle. 🥀

Why the TVL drop? 💻👀👉 Apparently, a bunch of investors jumped into DeFi projects like EigenLayer hoping to score free tokens (airdrops). Those airdrops have happened, and some folks are cashing out. 💰🤷

Is this the end of PENDLE? 🤧💪 Not necessarily. There could be more airdrops in the future, but it seems the hype has cooled down a bit. Other DeFi projects like Zircuit are feeling the pain too.

Things are a little shaky for PENDLE right now. We'll keep you posted on how this story unfolds! 🤝DYOR! #altcoins #MarketFlux