Ena Coin Prediction 8th April 2024

The native token of Ethena Labs, has seen a significant surge in value, trading at 1.26 dollar after debuting at 0.64 dollar last week¹. This increase comes after Ethena Labs announced an increase in staking rewards, which has led to large holders withdrawing funds from Binance to stake their ENA¹.

In terms of predictions, while some sources are optimistic about ENA's future growth, with price targets reaching as high as 2.35 dollar in 2024 and potentially 10 dollar 2030³, others suggest a more cautious outlook with a potential drop to 1.12 dollar over the next week⁴.

It's important to note that cryptocurrency markets are highly volatile and predictions can vary greatly among different analysts. Always consider conducting your own research.

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