$ENA ANALYSIS 🔮🔎

#ENA - #donaldtrump recently started buying this token and today they entered into a strategic partnership with ENA!

#ethena is a synthetic dollar protocol built on the Ethereum Blockchain that offers a new type of stablecoin called $USDe.

Unlike traditional #Stablecoins like $USDC or $USDT, #USDe is not pegged to fiat currencies.

Instead, it is a synthetic dollar backed by crypto assets and short futures positions. This unique approach allows Ethena to create a censorship-resistant, scalable, and stable form of digital money.

$ENA capitalization is 3.2 billion and it is relatively not much, as well as L2 solutions!💰