💰ENA Price Analysis💰

Introduction

• As promised, I will do my analysis on $ENA and what are the potential targets for the ENA coin.

• The price of Ethena (ENA) exceeded one dollar per token, while the market capitalization of ENA exceeded one billion dollars.

Calculation of the current price

• The current price of ENA can also be accurately calculated by dividing the total market capitalization of ENA by the current supply ($1.58 billion ÷ $1.43 billion), which equals $1.10489 per ENA.

Potential market capitalization and price

• Now comes the fun part: Ethena is likely to reach a market cap of $15 billion, so $15 billion ÷ $1.43 billion = $10.4895 per ENA.

long term goal

• So my long-term goal for ENA is $10 per ENA.

Denial of responsibility

• Again, this is not financial advice: always do your own research before investing in anything.

• I just did some basic calculations to set a precise goal.

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