#ENA : Still Relevant or Fading Star - Part 2? 🤕🟥
We've been seeing a lot of $ENA action lately! A big whale 🐳🐳 just sold off 14.49 million ENA tokens, and more people are selling ENA than buying it. 📉🤦
On top of that: ⛈️ #USDe , ENA's stablecoin, is losing value. It's down from $3.61 billion to $2.84 billion since July. And the yield on USDe has dropped to 0%. 🥀😫
On the bright side, ENA's earnings are up this week. They made around $330k, which is a big improvement after losing almost $2.3 million in the previous three weeks. 😅
So, what's the deal with ENA? Is it still relevant, or is it fading away? 🤷 Let us know your thoughts! DYOR! #Ethena #Altcoins #Stablecoins