I just saw in XT that each ENA is worth as high as $3.5!!!
Should you sell your $ENA after launch?
While people are afraid that ENA will become Luna, you might want to hodl ENA till the end of the Bull market. Besides, ENA is newly launched token. Person who bought LUNA back at $0.4 are up over 200x when LUNA price is soaring to $90. Yup there's people who become millionaire because LUNA and there's one that become homeless because of that too.
Is Ethena the next Luna? We still don't know yet, but my research team said that ETHENA has more robust risk design and unlike LUNA that relies on lenders (like a bank), ENA relies on futures market to keep its USDe pegged to USD. And as always happen in financial market, IT WORKS TILL IT DOESN'T.
As a matter of fact, if you buy now, you're EARLY. Just remember to exit before everyone does.
I will post my fundamental analysis on ENA later. Make sure to follow me so you don't miss out!
Also, I just saw that ENA are traded around $2.5 in XT market, and because of the launchpool, we might see a slight downward pressure on April 3rd.
Be safe, Godspeed!
