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EthenaENA
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After touching the previous high $1.3, $ENA took a correction and now it trying to break ATH 🔥 I’m waiting to see #EthenaENA above $1.5 👀
After touching the previous high $1.3, $ENA took a correction and now it trying to break ATH 🔥

I’m waiting to see #EthenaENA above $1.5 👀
#Binance recently launched #Ethena ENA as its 50th Launchpool project, officially introducing ENA on April 2. Ethena is the originator of #USDe, a synthetic dollar protocol operating on Ethereum. In February 2024, Ethena successfully launched USDe, a USD stablecoin with an annual interest rate surpassing 27%. The USDe supply swiftly surged to over $1.5 billion, solidifying its position as one of the quickest USD-denominated assets to achieve such growth. #EthenaENA #ETHENALAUNCHPOOL $BNB #Write2Earn #Arhaan6320
#Binance recently launched #Ethena ENA as its 50th Launchpool project, officially introducing ENA on April 2.

Ethena is the originator of #USDe, a synthetic dollar protocol operating on Ethereum. In February 2024, Ethena successfully launched USDe, a USD stablecoin with an annual interest rate surpassing 27%. The USDe supply swiftly surged to over $1.5 billion, solidifying its position as one of the quickest USD-denominated assets to achieve such growth.

#EthenaENA #ETHENALAUNCHPOOL $BNB
#Write2Earn #Arhaan6320
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💥 AMBCrypto Analytics: What Next to $ENA ? ENA has also been making waves in the speculative market. According to AMBCrypto’s analysis of Coinglass’ data, the Open Interest (OI) in ENA Futures surged to $372 million at press time, indicating a higher number of bets to profit from its future price action. More than 50% of the positions seemed to be gunning for ENA’s price increase, as evidenced by the Longs/Shorts Ratio. This is a sign that traders are confident that the bullish momentum will sustain itself. However, at press time, the social frenzy around the coin was tapering, as seen by the dip in discussions on top crypto-focused social groups. This could impact the participation of retail investors, many of whom are drawn to cryptos due to social hype. #EthenaENA
💥 AMBCrypto Analytics: What Next to $ENA ?

ENA has also been making waves in the speculative market. According to AMBCrypto’s analysis of Coinglass’ data, the Open Interest (OI) in ENA Futures surged to $372 million at press time, indicating a higher number of bets to profit from its future price action.

More than 50% of the positions seemed to be gunning for ENA’s price increase, as evidenced by the Longs/Shorts Ratio. This is a sign that traders are confident that the bullish momentum will sustain itself.

However, at press time, the social frenzy around the coin was tapering, as seen by the dip in discussions on top crypto-focused social groups. This could impact the participation of retail investors, many of whom are drawn to cryptos due to social hype.

#EthenaENA
Are you guys Ready!! Get into the newest addition to Binance Launchpool, celebrating its milestone 50th project - $ENA by ETHENA LABS!! Their main goal is to provide users with a stable and secure decentralized ecosystem and much more! Waiting for more! #BinanceLaunchpool #EarnWithWriting #EthenaENA #BullorBear
Are you guys Ready!!

Get into the newest addition to Binance Launchpool, celebrating its milestone 50th project - $ENA by ETHENA LABS!!

Their main goal is to provide users with a stable and secure decentralized ecosystem and much more!

Waiting for more!
#BinanceLaunchpool #EarnWithWriting #EthenaENA #BullorBear
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