#donaldtrump , who came to the agenda with the DeFi platform World Liberty, triggered the sharp increases in which altcoin?
The Ethena ($ENA ) price increased by 10 percent in the last 24 hours, reaching 1.20, as the cryptocurrency owner challenged. This increase was achieved thanks to the increase in purchases by #ENA whales and the collaboration with Trump's cryptocurrency project World Liberty Financial (WLFI).
Bullish signal in Ethena (ENA)
Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $ 1.20. Daily trading volume increased by 174 percent, exceeding $ 1 billion. Coinglass data shows that open positions increased by 20 percent to 700 million, and traders are positive towards Ethena.
Onchain data platform Spot On Chain shared data showing that crypto whales are for ENA purchase. A new cost budget bought 5.29 million tokens from Binance at an average price of $1.12.
Trump's World Liberty Financial (WLFI) project bought 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a collaboration with Ethena Labs.
Donald Trump touches the popular altcoin
Ethena Labs officially announced its partnership with Trump's borders World Liberty Financial (WLFI) project in its current days. This partnership aims to increase USDe liquidity and use user rewards on WLFI's decentralized finance (DeFi) platforms.
The announcement states that a governance process can be offered that includes integrating Ethena's sUSDe synthetic dollar as the underlying collateral asset of WLFI's Aave-based lending and fault-taking platform. The development in question stands out as one that has seen a significant increase in the rise in Ethena's price.
