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Standard Chartered predicts that the SEC will approve a Spot Ethereum ETF, which could attract $15 billion to $45 billion in the first 12 months. They also emphasize that these ETFs could push Ether's price to $8,000 by 2024.
This forecast is very bullish and optimistic. A Spot Ether ETF will be excellent for Ether in the long term. However, in the short term, it's worth noting that Grayscale holds nearly 3 million Ethereum in their Trust. Some selling is likely to occur when transitioning to a Spot ETF, similar to what happened with the Bitcoin Spot ETF. $ETH
The 2nd project for Binance Megadrop is Lista ($LISTA), a Liquid Staking & Decentralized Stablecoin protocol. Details: - Token: Lista (LISTA) - Max Supply: 1B LISTA - Megadrop Rewards: 100M LISTA (10%) - Circulating Supply: 230M LISTA (23%)
Binance launches the 52nd Launchpool project - Omni Network ($OMNI ), a layer 1 blockchain unifying Ethereum's rollup ecosystem. Omni integrates L2 rollups like Optimism, Arbitrum, and Staknet, solving liquidity fragmentation. Omni is crucial to EigenLayer's Restaking ecosystem for liquid staking across PoS networks. Backed by $18.14M from Pantera Capital, Jump and Coinbase Venture. Key details: - Farming: April 13, 2024, 0000 UTC to April 16, 2024, 2359 - UTC - $OMNI Listing: April 17, 2024 at 1200 UTC
Understanding $SAGA: An Overview and Pre-Listing Price Analysis
$SAGA is on Binance Launchpool now. Users can stake their BNB and FDUSD into separate pools to farm $SAGA over 4 days, with farming starting from 2024-04-05 00:00 (UTC).
Here's what you need to know about $SAGA: What it is and its price before listing.
What is Saga?
Saga is a Layer 1 blockchain in the Cosmos ecosystem, providing tools for projects to develop their chain with a parallel execution structure.
Saga raised $13.5m through 3 rounds from notable names: Placeholder, Samsung Next, GSR, and Longhash Ventures.
What is the price of the $SAGA token for the upcoming listing?
$SAGA has an initial circulating supply of 90 million, representing approximately 9% of the total supply of 1 billion.
$SAGA may fluctuate between $4 and $6, and its market cap may range from $360m to $540m compared to other Launchpools.
Understanding $SAGA: An Overview and Pre-Listing Price Analysis
$SAGA is on Binance Launchpool now. Users can stake their BNB and FDUSD into separate pools to farm $SAGA over 4 days, with farming starting from 2024-04-05 00:00 (UTC).
Here's what you need to know about $SAGA: What it is and its price before listing.
What is Saga?
Saga is a Layer 1 blockchain in the Cosmos ecosystem, providing tools for projects to develop their chain with a parallel execution structure.
Saga raised $13.5m through 3 rounds from notable names: Placeholder, Samsung Next, GSR, and Longhash Ventures.
What is the price of the $SAGA token for the upcoming listing?
$SAGA has an initial circulating supply of 90 million, representing approximately 9% of the total supply of 1 billion.
$SAGA may fluctuate between $4 and $6, and its market cap may range from $360m to $540m compared to other Launchpools.
$ENA has attracted significant investments from various CEX exchanges, resulting in a notable price surge. Its market cap is approaching $1B.
The total collateral on CEX exchanges is $1.57B, and the SHORT position volume on these exchanges is currently at $9.5B. #Write2Earn #ENA/USDT #launchpol
The initial circulating supply of $ENA is very low, only about 1.425 billion ENA ~ 9.5% of the total supply. Most of it comes from Airdrop (5%), and a portion is allocated to the Ecosystem and Foundation. #Write2Earn #BinanceLaunchpool #ETHENALAUNCHPOOL
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Understanding $ENA: An Overview and Pre-Listing Price Analysis
$ENA is on Binance Launchpool now. Here's what you need to know about $ENA: What it is and its price before listing.
What is Ethena? Ethena is a Stablecoin project within the Ethereum ecosystem. It pioneers the concept of Synthetic Dollar and Internet Native Yield. The Synthetic Dollar involves a Stablecoin tethered to USD, created from collateral assets like LST (stETH, rETH, etc.), in conjunction with Short ETH positions. Internet Native Yield means the interest of the Stablecoin is solely derived from the Internet.
Stablecoin profits are generated through Staking Rewards using LST as collateral assets and earning Funding Rate fees from Short ETH positions on centralized exchanges. Staking rewards from LST range from 3% to 4%, while Funding Rate fees can vary from 0% to 20% annually.
The project has gained recognition from investment firms like Binance Labs, Dragonfly Capital, Lightspeed, among others. Market analysts have differing views on the project's associated risks.
Token $ENA Valuation Post-Listing
Ethena is a pioneer in the Stablecoin sector and is known for its unique profit model and innovative risk management approach. While finding similar projects is challenging due to its distinctive nature, it can be compared to initiatives like MakerDAO and Liquity, which also make advancements in the Stablecoin domain.
Compared to projects like MakerDAO or Liquity, Ethena could potentially achieve a market capitalization of between $200m and $460m, leading to the $ENA token price fluctuating between $0.14 USD and $0.32.
Additionally, ENA tokens are now available for trading on the pre-market at an approximate rate of $0.7.
Understanding $ENA: An Overview and Pre-Listing Price Analysis
$ENA is on Binance Launchpool now. Here's what you need to know about $ENA: What it is and its price before listing.
What is Ethena? Ethena is a Stablecoin project within the Ethereum ecosystem. It pioneers the concept of Synthetic Dollar and Internet Native Yield. The Synthetic Dollar involves a Stablecoin tethered to USD, created from collateral assets like LST (stETH, rETH, etc.), in conjunction with Short ETH positions. Internet Native Yield means the interest of the Stablecoin is solely derived from the Internet.
Stablecoin profits are generated through Staking Rewards using LST as collateral assets and earning Funding Rate fees from Short ETH positions on centralized exchanges. Staking rewards from LST range from 3% to 4%, while Funding Rate fees can vary from 0% to 20% annually.
The project has gained recognition from investment firms like Binance Labs, Dragonfly Capital, Lightspeed, among others. Market analysts have differing views on the project's associated risks.
Token $ENA Valuation Post-Listing
Ethena is a pioneer in the Stablecoin sector and is known for its unique profit model and innovative risk management approach. While finding similar projects is challenging due to its distinctive nature, it can be compared to initiatives like MakerDAO and Liquity, which also make advancements in the Stablecoin domain.
Compared to projects like MakerDAO or Liquity, Ethena could potentially achieve a market capitalization of between $200m and $460m, leading to the $ENA token price fluctuating between $0.14 USD and $0.32.
Additionally, ENA tokens are now available for trading on the pre-market at an approximate rate of $0.7.
Understanding $ENA: An Overview and Pre-Listing Price Analysis
$ENA is on Binance Launchpool now. Here's what you need to know about $ENA : What it is and its price before listing.
What is Ethena? Ethena is a Stablecoin project within the Ethereum ecosystem. It pioneers the concept of Synthetic Dollar and Internet Native Yield. The Synthetic Dollar involves a Stablecoin tethered to USD, created from collateral assets like LST (stETH, rETH, etc.), in conjunction with Short ETH positions. Internet Native Yield means the interest of the Stablecoin is solely derived from the Internet.
Stablecoin profits are generated through Staking Rewards using LST as collateral assets and earning Funding Rate fees from Short ETH positions on centralized exchanges. Staking rewards from LST range from 3% to 4%, while Funding Rate fees can vary from 0% to 20% annually.
The project has gained recognition from investment firms like Binance Labs, Dragonfly Capital, Lightspeed, among others. Market analysts have differing views on the project's associated risks.
Token $ENA Valuation Post-Listing
Ethena is a pioneer in the Stablecoin sector and is known for its unique profit model and innovative risk management approach. While finding similar projects is challenging due to its distinctive nature, it can be compared to initiatives like MakerDAO and Liquity, which also make advancements in the Stablecoin domain.
Compared to projects like MakerDAO or Liquity, Ethena could potentially achieve a market capitalization of between $200m and $460m, leading to the $ENA token price fluctuating between $0.14 USD and $0.32.
Additionally, ENA tokens are now available for trading on the pre-market at an approximate rate of $0.7.
Consider buying $HIFI in the range of $1.24 to $1.19 - Market cap: $145M - Category: RWA - Hifi Finance enables users to borrow against tokenized assets, offering token swaps, lending, borrowing, and governance. - The majority of the trading volume is from Korean CEX. #Write2Earn #HIFI/USDT #RWA
$POLYX gained 151% from the entry price of $0.24 in 21 days. Are you holding it? #Write2Earn #POLYX #RWA
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Ανατιμητική
$POLYX has gained by 13% from the entry price of $0.24. - Market cap: $197 million - Category: RWA Keep an eye on it, as the price continues to rise. #Write2Earn #RWA
$TON will have a strong growth like Solana did. TON is having the Telegram - an essential app for crypto traders. The market cap of $TON is $13B and $SOL is $77B, meaning it could grow nearly 6 times at the current price. Buy $TON at $3.6 or at $3.2 for safer. #Write2Earn #TON/USDT #TONBlockchain
$TON will have a strong growth like Solana did. TON is having the Telegram - an essential app for crypto traders. The market cap of $TON is $13B and $SOL is $77B, meaning it could grow nearly 6 times at the current price. Buy $TON at $3.6 or at $3.2 for safer. #Write2Earn #TON/USDT #TONBlockchain
$POLYX pump! It gained 79% from yesterday and 40% from my entry. RWA narrative is coming back after BlackRock established the RWA investment fund. #Write2Earn #RWD #POLYX/USDT⚡️
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