BREAKING :ENA COIN (ENA) IS AT OVERS $1B MARKET CAP!
HI guys it's the big & big#alert about $ENA Coin #whales _game!!!
What is the ENA Coin?
Ethena (ENA) is a notable project in the DeFi space, introducing a synthetic dollar protocol named USDe, built on Ethereum. The initiative by Ethena Labs aims to provide a stable, scalable form of currency within the crypto-native space without relying on traditional banking systems.
Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 70 (Greed). Ethena recorded 11/30 (37%) green days with 11.20% price volatility over the last 30 days. Based on the Ethena forecast, it's now a bad time to buy Ethena.
To avoid getting caught in a dump, it's crucial to:
1. Analyze the coin's fundamentals and technical indicators.
2. Look for signs of market manipulation or hype.
3. Set stop-loss orders and limit your position size.
4. Monitor market sentiment and adjust your strategy accordingly.
5. Be prepared for potential price swings and adapt to changing market conditions.
Remember, trading carries risks, and it's essential to stay vigilant and informed to minimize potential losses.
Although Arthur Hayes' prediction was higher, ENA could end 2024 at $2.5. The price of the token could rally toward $15 in 2028 despite a bearish forecast for 2027. In 2030, the price of ENA could be $37.45 depending on the market condition.
➡️ENA still reach to 1 dollar
The current CoinMarketCap ranking is #72, with a live market cap of $1,063,469,980 USD. It has a circulating supply of 1,520,312,500 ENA coins and a max. supply of 15,000,000,000 ENA coins.
⌛#ENA/USDT (Long)
🍁Leverage👉 10×
⛩️Entry ➡️0.8530- 0.8660
💠 Targets:- 0.9400 | 0.9650 | 0.9800 |1.260 |
Stoploss 🔕: 1.177
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