The performance of ENA token following its launch on Binance didn't meet the expectations of many investors 🚧. Several factors contributed to this outcome:

1. Timing: The launch coincided with a bearish market sentiment, primarily driven by a dip in the price of BTC. Despite this, ENA showed resilience, hinting at underlying bullish sentiment. Once market conditions stabilize, we might witness a significant uptick in its value.

2. Fake token sale: There were reports of individuals falling victim to scams involving fake ENA tokens, resulting in losses totaling around $290,000. Such incidents further exacerbated the negative sentiment surrounding ENA's launch.

In an unstable market, it's crucial to make informed decisions and avoid impulsive actions. Stay updated for regular insights and analysis.#BinanceLaunchpool #BullorBear #ENA #ENALAUNCHPOOL #ENA/USDT