I just increased my position in $ENA by 1u. This coin has started to take off recently, having risen 108% this month. It can be considered a very impressive altcoin in this wave of altcoin enthusiasm.

My reason for heavily investing is simple: for me, altcoins are only a few weeks away from their explosive phase. My current strategy is to select altcoins that have the potential for explosive growth in terms of mechanism and narrative. Anyone familiar with the $ENA mechanism knows that it definitely possesses attributes similar to the previous cycles of $LUNA and $AXIE, which led to significant price increases.

Currently, Ethena's $USDe has a Total Value Locked (TVL) of about 5.2 billion USD. This number absolutely has room for growth, and I believe it will definitely reach the level of 10 billion USD at least, because $LUNA's $UST reached a TVL of 18 billion USD in the previous cycle. Moreover, $ENA has a better and safer stablecoin mechanism compared to $LUNA this time.

Currently, the top English KOLs calling for $ENA that I see are blknoiz06 and 0xENAS.