Despite a promising start, ETHFi's journey took a turn with a sharp 20% drop post-debut! ๐Ÿ˜• Starting at $4.13, the token's value now sits at $3.41 on Binance, leaving investors feeling the sting. ๐Ÿ’ธ However, the initial buzz was undeniable, with over $118 million in trading volume achieved within a mere 45 minutes. ๐Ÿš€๐Ÿ’ฐ ETHFi's fully diluted value soared to $3.6 billion, reflecting the market's valuation with the total circulating supply. ๐ŸŒ๐Ÿ’Ž With significant participation in the Binance Launchpad, including $2 billion in FDUSD stablecoin and 17.3 million BNB staked, the ETHFi allocations were distributed accordingly. ๐Ÿ”๐Ÿ’ผ Looking ahead, ETHFi's distribution plan outlines exciting prospects, with additional tokens planned for future releases. ๐Ÿ“†๐ŸŽ Meanwhile, Ether.Fi's Total Value Locked (TVL) has surged by 117% in the past month, nearing a staggering $3 billion in deposits. ๐Ÿ’ผ๐Ÿ’ฐ The protocol's restaking mechanism offers ETH stakeholders the chance to earn extra yield and loyalty points through a liquid restaking token (LRT). ๐Ÿ’ช๐Ÿ”’ Keep an eye on ETHFi's evolving journey as it navigates the volatile waters of the crypto market! ๐ŸŒŠ๐Ÿšข #ETHFiJourney #CryptoVolatility #HotTrends