Analysis of key currencies
ENA
Ethena is a decentralized stablecoin protocol dedicated to providing synthetic dollars for DeFi and Web3. It uses a delta hedging strategy to maintain stability, scalability, and censorship resistance, and has great growth potential. As a governance token, ENA may gain higher market recognition in the future.
FLOKI
FLOKI is another OG meme coin following DOGE and SHIB. Unlike other meme coins, it has practical application value and has built a strong ecosystem in the past three years. FLOKI's solid performance is attracting more and more investors, especially those who do not easily chase the rise, and they prefer currencies that survive the bear market.
SUI
SUI is equivalent to SOL in the last round of bull market. It is dominated by traditional capital and has obvious big capital operations. As a new public chain using the MOVE language, it demonstrates the deep participation of mainstream capital, especially the strong growth momentum of $APT ecology in the MOVE public chain. The SUI ecology may usher in a big explosion in the future.
VET
VeChain is a leader in the RWA asset space, actively promoting real-world enterprise applications. VeChain has seen significant price increases recently, especially in partnership with VeBetter, tokenizing daily environmental contributions and incentivizing sustainable development actions. It has risen 30.3% in a week, which is worth paying attention to.
BONK
BONK is a "rising star" in the meme coin space, having just broken out of a long-term consolidation range. Its catalysts include rumors of Robinhood and Webull listings, ETP listings, Coinbase listings, BonkBot repurchase and destruction pressure, and Upbit USD trading pair listings, which may further stimulate market enthusiasm and make BONK's performance more active.
