Can you imagine #pengu having nothing at all, buying an L2 ecosystem that hasn't even launched, with a market cap of 5 billion?
$USUAL already has 1 billion TVL in US dollars, real money sitting in the bank, with a market cap of 500 million++
Can you believe it? He is backed by ENA and BlackRock, strictly speaking, the boss behind it is the same one.
Collusion between officials and businessmen is destined to make them rich.
Trump is even going to cooperate with #ena .
Trump and Europe have proposed Bitcoin as national reserve currency.
Once this happens, what's the first step to buying Bitcoin?
It's to buy stablecoins, giving usual money to mint USD0.
ENA can't mint, it can only short ETH to get USDE.
If with ENA's equivalent FDV, usual is 4u.
We only calculate the market cap of usual as 3u, which is 1.5 billion, but ENA is already 3 billion.
See clearly, the 2u usual still has a lot of room for growth.