💰ENA Price Analysis💰
Introduction
• As i have promised that i will be giving my analysis on $ENA and what are the potential targets for ENA coin
• Ethena (ENA) crossed 1$ per token as the market cap of ENA cross $1B.
Current Price Calculation
• The current price of ENA can also be calculated accurately if we divide the total market cap of ENA by the current supply ($1.58B ÷ 1.43B) which is $1.10489 per ENA.
Potential Market Cap and Price
• Now here's the fun part, Ethena is likely to hit a market cap of $15B so 15B ÷ 1.43B = $10.4895 per ENA
Long Term Target
• So my long term target for ENA is $10 per ENA
Disclaimer
• Once again, this is not a financial advice, always do your own research before investing into anything.
• I just did some basic calculations to set a precise target
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