#predictions
some of the reasons why the price of ENA is dropping .
👸Supply and demand dynamics are driving the price action of Ethena.
👸Fundamental events like block reward halvings, hard forks, or new protocol updates can affect the price.
👸Regulations, company and government acceptance, cryptocurrency exchange hacks, and other real-world events can affect the price.
👸The market capitalization of Ethena can fluctuate significantly in a short time.
👸"Whales" (entities and individuals who control large amounts of ENA) can have a significant impact on Ethena's price movements.
#ENA #BinanceLaunchpool #Megadrop
However it is very clear that ENA has positive indicators for future ..
👑The price of ENA is expected to rise to $2.5 by the end of 2024. depending on market conditions.
