$ENA : The good, the bad, and the ugly đ„đ€
Hey everyone, let's talk about #ENA . We know there's been a lot of noise about it lately, with some people calling it a "shitcoin" or a "scam." Ouch. đ€
It's true, the price has taken a massive dive. đ€· But let's be real, a lot of tokens listed on #Binance this year are in the same boat.đ It's a tough market out there ($REZ and $OMNI downed >80% from ATH đ€).
The numbers don't lie:đ most ENA holders are in the red (97% to be exactđ„). đ€ź And let's face it, even the big fish have cut their losses. đđŠ
ENA might look good on paper!! but low MC/FDV ratio is also a red flag. đ€ It means there's a lot of pressure when more tokens hit the market. đ»đ
We're keeping a close eye on this, and we'll keep you updated. Let's hope for better days ahead! DYOR! đ€#Ethena #Altcoins
