Breaking news! Multiple positive news revealed! These altcoins are about to see a huge surge!
ENA
Ethena is an Ethereum-based protocol that aims to create a synthetic dollar that does not rely on the traditional banking system. It provides a cryptocurrency-native alternative to holding USD value and a globally available savings tool.
Recently, Ethena Labs launched its stablecoin USDe on the Solana network. The launch enables users to trade with USDe in various Solana applications. Borrowers can also use SOL as collateral for USDe loans, subject to the approval of Ethena token holders.
MNT
Mantle (MNT) is going through a challenging period, trading between $0.75 and $0.86. Despite a drop of nearly 20% this week, indicating that the bear market is dominant, there is still potential for recovery. The nearest support is at $0.71, followed by $0.60, while resistance is at $0.93. If buyers regain control, the price could reach $1.05, representing growth of over 20%. With an RSI of 50.03 and a high stochastic reading, it is uncertain where the market will go next.
FTM
Recently, FTM has seen significant price action, with its value rising to $0.34. Its trading volume has also increased significantly, growing by 12.47% to $62 million. Over the past year, FTM has seen a 42% price increase, outperforming 53% of the top 100 crypto assets in the same period.
Additionally, the coin has performed well against both the USD and ETH. From a technical perspective, Fantom’s 14-day RSI of 61.03 suggests that the coin is currently neutral and could soon experience sideways trading.
