In the Launchpool platform, as a member of the stablecoin project, the carefully arranged second quarter airdrop distribution time was chosen exactly the day after CZ (a well-known figure) was released from prison. This strategy effectively hedged the possible large selling pressure against the background of the overall market trend. At the same time, the Ethena project launched sENA, a liquidity receipt token for locking ENA. This move not only enhanced the combination flexibility and functionality between ENA tokens and other projects, but also had a positive boost to its coin price. At present, the price of the token is stable at around $0.33, while the historical high has reached $1.5.
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