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Arthur Hayes thinks $ENA may have a resurgence and thinks its price might go up to $10.
After its most recent introduction, the DeFi project #Ethena (ENA) caused quite a stir in the cryptocurrency community. Because of how popular the project is, its price has gone up by more than 20%. But this upturn may be the start of something bigger. For ENA, Arthur Hayes has made some bold forecasts, predicting a surge to $10.
Many in the cryptocurrency world are interested in and curious about Hayes's bullish forecasts about ENA. Investors and ENA enthusiasts alike are ecstatic about the project's inclusion in Binance Launchpool.
Recently, Arthur Hayes voiced his approval of the Ethena DeFi initiative. Hayes has piqued the interest of the cryptocurrency community with his prediction that ENA's price might reach $10. Investors are now more optimistic and speculated about Ethena's success due to his remarks on platform X.
Notably, no Korean traders have engaged in ENA cryptocurrency trading as of yet. When Korean investors join the market, the price of ENA is expected to surge.
Hayes's Backing of ENA
With Hayes's backing, the cryptocurrency Ethena may become a hot commodity for investors. Promising ventures may change the market dynamics and attract more investors when famous people back them.
If Ethena attracts more investors and buyers as a result of Hayes's forecasts, its value and price might rise. During a time of explosive expansion in the cryptocurrency market, the support of prominent figures is crucial for influencing public opinion and the implementation of new Blockchain technology.
Unfortunately, not every forecast will pan out since that's just how the bitcoin market is. With a trading volume surpassing $2.79 billion, the price of Ethena has increased by 22.93% to $0.8384 as of writing. With a low of $0.5275 and a high of $0.96, the token has seen quite a range in the last day.
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