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Please allow me to boldly use Fibo to test the new currency $ENA . There is a small support near the current price of 0.7-0.72 Let’s talk about the background first: It is difficult to use technical analysis to make buying and selling basis for new currency, because the trend at this time is mixed with too many abnormal long and short games. As for why it is said to be a small support? Because there are not many K-lines, it is difficult to form a support effect. After all, in the short term, we retail investors who are driven by FOMO emotions will rush to it at high prices. This short-term FOMO influence on everyone , callbacks are also easy to cut. #BinanceLaunchpool #BullorBear #ENA

Please allow me to boldly use Fibo to test the new currency $ENA . There is a small support near the current price of 0.7-0.72

Let’s talk about the background first: It is difficult to use technical analysis to make buying and selling basis for new currency, because the trend at this time is mixed with too many abnormal long and short games.

As for why it is said to be a small support? Because there are not many K-lines, it is difficult to form a support effect.

After all, in the short term, we retail investors who are driven by FOMO emotions will rush to it at high prices. This short-term FOMO influence on everyone , callbacks are also easy to cut.

#BinanceLaunchpool #BullorBear #ENA

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Stablecoin ENA debuts on Binance! Will it become the first 100x coin in April? What are the future prospects? What is ENA (Ethena)? Ethena is a stablecoin synthetic dollar solution implemented on Ethereum. In the three months since its launch, its asset size has exceeded US$1.5 billion, and the market is full of expectations for it. Developed by Ethena Labs, USDe, as its core product, is a synthetic dollar protocol developed on the basis of Ethereum. The project aims to provide a stable and scalable currency form that meets the demand for stable currencies in the cryptocurrency field without relying on the traditional banking system. Ethena, through its synthetic USD USde, provides a solution for delta-hedged staking against Ethereum collateral, marking the creation of the first censorship-resistant, scalable, and stable native financial instrument within the crypto space. USde's on-chain support is fully transparent, allowing it to circulate freely throughout the decentralized finance (DeFi) ecosystem. In support of Binance’s commitment to advancing the decentralized finance (DeFi) landscape, Binance Labs strongly supports Ethena and its ambitious vision to create a crypto-native yield stablecoin. Since its public debut in February 2024, Ethena has captured the attention of the industry with its innovative approach to DeFi, attracting investment support from Binance Labs and other key stakeholders. Additionally, Ethena’s strategic partnership with derivatives trading platform MirrorX further expands its market reach and accessibility. By integrating with the Binance exchange, institutional clients such as Ethena will have unrestricted access to MirrorX’s range of products, facilitating seamless settlement of derivatives positions and opening the door to a wide range of products and markets available within the Binance ecosystem. #BinanceLaunchpool #BullorBear #Memecoins #Ena
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Binance Launchpool’s ENA yield is a bit fierce this time! ! 💰💰💵💵💵💰💰💵💵💰💰💵💵💰💰💵 It is currently known that the closing price of ENA/FDUSD in the opening hour is 0.631; the closing price of ENA/BNB in ​​the opening hour is 0.0011342. This is converted into: 🔸FD mining pool yield 2.093% (annualized rate 254%) 🔸BNB mining pool yield 1.535% (annualized rate 186%) Having such a rate of return in three days is already very good! Then I also made a chart (FD pool) of the annual rate of return of ENA new currency mining per hour. It can be seen that the rate of return for participating in Launchpool is the best on the first day, because many people arrive on the second day. Geniuses do pledges. I wonder if everyone entered the venue immediately? How high did it sell after it opened? Welcome to share in the message area! At the same time, Binance quietly launched another ENA new user reward event, with a total prize pool of up to 700,000 $ENA. The steps are simple: 1️⃣Register: https://www.binance.com/zh-TC/join?ref=Y5GUUP55 2️⃣ Sign up: https://www.binance.com/zh-TC/activity/marketing-campaign 3️⃣ To conduct "contract trading", the transaction volume only needs to reach 100 USDT. The first 10,000 users can receive 40 $ENA, and other participants can also share 100,000 ENA equally! The event lasts until 8 a.m. on 4/8 (UTC+8). If you are in need, hurry up and register to participate in the event! #BinanceLaunchpool #Ena
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