🔥 Ethena - a new project on Binance Launchpool, how to price it reasonably
⏰ Farming time: lasts 3 days from 07:00 March 30, 2024 - 6:59 April 2, 2024 (Vietnam Time)
⏰ Listing time: 15:00 April 2, 2024 (Vietnam Time)
⚒ Stake: BNB & FDUSD
👉 Ethena is the first project to introduce the Stablecoin model with the highest profit threshold of ~ 30%
👉 Ethena is also highly appreciated by funds when raising more than $20M, Dragonfly alone leads 2 rounds of capital calling
👉 Impressive launch with over $1.3B TVL after only 3 months of launching the platform
👉We will compare Ethena's Marketcap and TVL with MakerDAO and Liquity protocols. Compared to projects like MakerDAO or Liquity, Ethena can achieve a capitalization of 211 – 460 million USD, equivalent to an FDV of about 2.2 – 4.8 billion USD and a token price of 0.15 USD to 0.32 USD.
👉Because the project is receiving a lot of FOMO from the community, along with the current positive market situation, it is entirely possible to expect ENA to reach a capitalization of around 400 million USD and a valuation of more than 4 billion USD. This is also a quite reasonable number for a project working on the Stablecoin segment with a TVL of up to 1.3 billion USD.
