$ENA
ENA has risen 300% from the bottom to reach $0.63, a 24-hour increase of 13.6%, and the next target is $0.72.
Recently, top trader Eugene wrote that Ethena is the fastest-growing DeFi product in history, and the size of its revenue stablecoin USDe has expanded to US$3 billion in a few months, showing its rapid growth potential. Ethena aims to capture the largest market share in cryptocurrencies, Tether’s $160 billion market share. Ethena is transforming from a “DeFi-native stablecoin” into a legitimate stablecoin contender with a superior value proposition and significantly improved distribution channels.
Eugene's view is based on ENA's growth potential, market transformation, and possible future market capitalization growth. He emphasized the importance of ENA in the DeFi field and believed that ENA is the next big dream bet in the crypto field in this cycle.
