#predictions
some of the reasons why the price of ENA is dropping .
đžSupply and demand dynamics are driving the price action of Ethena.
đžFundamental events like block reward halvings, hard forks, or new protocol updates can affect the price.
đžRegulations, company and government acceptance, cryptocurrency exchange hacks, and other real-world events can affect the price.
đžThe market capitalization of Ethena can fluctuate significantly in a short time.
đž"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 ..
đThe price of ENA is expected to rise to $2.5 by the end of 2024. depending on market conditions.