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Ethena ($ENA) - Details and Price Predictions

🔥No time to waste because only 17 hours left to Farm your $ENA

You don't wanna miss it.

Ethena is the newest project on #Binance Launchpool.
Is it a potential project? Let's find out

What is Ethena ?

Ethena is a synthetic dollar protocol built on #Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.

Price Predictions

Recent projects on Binance launchpool have been quite successful after listing :
- Ether.fi was launched with a market cap of $380M and x2 after 10 days
- Aevo was launched with a market cap of $330M
- Portal Token was launched with a market cap of $356M
- Pixel marketcap at the time of launch $400M
- Altlayer marketcap at the time of launch $560M
- Xai marketcap at the time of launch $420M

In my opinion, after listing EtherFi Market cap will be around $350M - $450M

With Initial Circulating Supply: 1,425,000,000 (9.5% of total supply)
$ENA price will be around $0.24 to $0.32

The price will adjust down a bit due to selling pressure from Launchpool Farmers but will rebound after a few days sideways.
Synthetic dollar protocol is one of the areas that will attract a lot of cash flow in the upcoming bull run season and remember, $ENA belongs to the BinanceLaunchpool category, the project's Market Cap can completely x2 - x4 this year when $BTC halving is approaching and Positive news from macroeconomics (FED decided to reduce interest rates 3 times this year, US inflation index decreased, unemployment rate stabilized -> no economic recession )

THAT is all my opinion on Ethena.
If my post is useful, Please like, share and tell me your thoughts👇
Many thanks🙏!

#ENALAUNCHPOOL #ETHENALAUNCHPOOL #Launchpool