🚀 Ethena (ENA) Might Surge After Its Launch 🚀
🔥 ENA Token's Expected Launch Price 🔥
Given the current market situation and the project's promise, ENA's price could be between $0.7 to $1 right after it hits the market. Previously, the token has hit a peak of $2 but is usually found trading around $1. Its starting market cap is anticipated to be in the ballpark of $1 to $1.5 billion.
Experts like Crypto Bard see the ENA price landing between $0.8 to $1 at launch, with Samuel Taylor agreeing on a $0.8 starting point.
Ethena stands out for planning a token release phase for its core team and investors by the first quarter of 2025, showing strong dedication to the project's long-term success. Its novel stablecoin algorithm, in high demand, marks a significant achievement.
The backing of prominent investors also promises stability and growth for the project. The initial market cap to Future Deliverable Value (FDV) ratio is quite appealing at about 9.5%.
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