$ENA Ethena's recent market performance shows a dual pattern of "positive developments landing + short-term selling pressure," with a largely neutral-to-bearish impact on price.
The specific reasons are that this time there is a token unlock worth $6 million, accounting for 0.4% of the circulating supply, and the current buyback mechanism has not yet been activated. Meanwhile, long-term positive factors such as the launch of Ethena Pay and ecosystem expansion still need time before their effects can be fully reflected.
At present, $ENA is quoted at 0.15001, with a 24h trading volume of $473.31 million and a market cap of $1.47 billion.
#加密货币 #BTC #ENA
The specific reasons are that this time there is a token unlock worth $6 million, accounting for 0.4% of the circulating supply, and the current buyback mechanism has not yet been activated. Meanwhile, long-term positive factors such as the launch of Ethena Pay and ecosystem expansion still need time before their effects can be fully reflected.
At present, $ENA is quoted at 0.15001, with a 24h trading volume of $473.31 million and a market cap of $1.47 billion.
#加密货币 #BTC #ENA