$ENA $W

comparison I sold ENA and Got W, let's see which will be bullish.
comment plz which will be bullish
thanks

$ENA $W

comparison last few minutes,

which will be bullish and should hold. plz comments for all.

thanks

$W

I have dropped the ENA and just bought W.

How it's going .any one have tracked it long.

$ENA

it's looks bearish may be one hour, I'm moving to W, I have tracked it from -20, it's moving forward.

hope it will cont Bullish

cheers

$ENA

It looks it's taking some break 💔,

$ENA

ENA lover,

how bullish it can go?

1.7
1.9
2.

let's see

cheers

$ENA
wao. . EMA 30 minutes still strong and bullish, let's see how far it will go

DYOR

#BullorBear #BinanceLaunchpool #Write2Earrn

$ENA

What is Ethena’s USDe stablecoin?

Unlike conventional stablecoins, USDe employs a unique mechanism that does not rely on direct fiat or asset backing. Instead, it includes derivative hedging against collateral positions and an arbitrage system for minting and redeeming designed to maintain its peg to the U.S. dollar.

It also leverages a cash-and-carry trade that generates a yield, which is then shared back with stablecoin holders. For example, it utilizes strategies like staking ETH holdings (collected from USDe stablecoin minters) with Ethereum validators and simultaneously shorting the same amount of ether futures.

Previously allowing users to deposit U.S. dollars, ETH, or liquid staking tokens as collateral to mint USDe, Ethena added bitcoin as a collateral asset yesterday. The addition will enable USDe to “scale significantly,” as traders embrace bitcoin, the project said, pointing to bitcoin’s superior liquidity and duration profile for delta hedging compared to liquid staking tokens as a factor in its decision to add the asset.

Many in crypto industry have highlighted potential counterparty risks and other risk factors associated with USDe’s yield generation strategies, the latest being Andre Cronje of Fantom.

The project recognizes these concerns and has detailed seven specific risks on its FAQ page . These include challenges ranging from funding rates to exchange failures and regulatory issues, with thorough examinations of each.

In February, Ethena Labs raised $14 million in a strategic funding round at a $300 million valuation, co-led by Dragonfly and BitMEX founder Arthur Hayes’ family office, Maelstrom. Ethena publicly launched the USDe stablecoin at the same time as the fundraising announcement following a stealth launch in December 2023.

Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

#TrenddingTopic #Write2Earrn

$ENA

copy paste from other site, credit goes to it's original writer , here it's only for knowledge sharing.

Ethena’s 'synthetic dollar' crosses $2 billion supply within two months of public launch

By:The Block

Quick Take Ethena’s USDe stablecoin has crossed the $2 billion supply mark less than two months after its public launch in February.

Ethena’s USDe stablecoin, also known as an “internet bond” and a “synthetic dollar,” has exceeded the $2 billion supply threshold only seven weeks following its public introduction.

Ethena Labs confirmed the market capitalization, positioning it as the fifth-largest stablecoin by market cap, now accounting for 1.25% of the entire $160 billion stablecoin market, as reported by The Block’s data dashboard .

Tether’s USDT remains the leading stablecoin, with a market capitalization of $112 billion or a 70% market share. Circle’s USDC ranks second at $35 billion (22%), followed by MakerDAO’s DAI at $5 billion (3%), and First Digital’s FDUSD in fourth place with a market cap of $2.5 billion (1.5%).

#TrendingAssets #Write2Earrn

$REI

EMA second yellow 15 mnt crossed, let's see it's crossing third red or not.

cheers

#BullorBear #write2earn

$REI

waiting for cross the second support of EMA, let's see then it might be a bull

DYOR

#Write2Earrn

$REI
Hi RRI lover, take your bags for full in early and enjoy the day.

cheers

#BullorBear #Write2Earrn

$BOME
It looks Bome dose not care the whales, it's going on it's own algorithms .

let's see hope for more bull.

#BinanceLaunchpool #write2earn

$BOME

Waoo Bome lover,

I have filled my bags, yesss

cheers

$OAX
oax lover good news, it's bullish as per EMA , 30 minutes now rise hopefully it will be bullish again.
DYOR
let's see

cheers

#write2earn

$BTC

crypto market looks bullish now, grabe your share and fullthe bags.

cheers
#HotTrends #write2earn

$BOME #HotTrends #Write2Erarn

BOME lover, this coin will be very bullish,

Invest and full your bags. initially this will go to . 08
then it will be boost if possible.

DYOR.
full ur bags

Cheers.
maxi

$BOME #HotTrends #Write2Erarn

Bome , binanace will launch in 20 minutes be ready this currency is already bullish on other exchanges almost 300%.

grab it and full your bags.

I already have on other exchanges current rate is.
.023 on other exchanges it will go to . 09 or . 2 may be.

DYOR

cheers

$VANRY #HotTrends

VANRY lover, I have observed this is for long term holding. If you are holding long time it will give you a bag full.
DYOR
cheers

#Write2Eam #HotChallage

$AMP #HotTrends #Write2Erarn

AMP lover, It is a real sky rocket 🚀,

let's full bags and keep an eye all the time till we hold.

cheers