#ENA My analysis says ENA launch price will be around 0.30 USD
why?
NO( 1 ) Token supply 15B will make it #EthenaENA at 4.5B FDV
NO( 2 ) Around 9% initial circulation supply will make the actual launch market cap around ~400M
NO( 3 ) This analysis is based on ROI of other #BinanceLaunchpool as well
NO( 4 ) 55% of token supply is allocated to team and investors. Growing speculation that
#EthenaENA will have trouble maintaining peg of stable coin in bear market, so expect selling from team and investor