Iâll be honest, $ENA caught my attention again today. đ
The tokenomics update is pretty interesting. Ethena has bought out locked tokens from certain early investors and stopped the remaining monthly unlocks.
That alone could take some weight off ENA. But the part Iâm watching most is the proposed buyback using protocol revenue.
Less unlock pressure + potential real buying demand is a combo I donât want to ignore.
Iâm not saying ENA will instantly pump â crypto doesnât work that simply. But this definitely makes the $ENA setup more interesting to me. đ„
The tokenomics update is pretty interesting. Ethena has bought out locked tokens from certain early investors and stopped the remaining monthly unlocks.
That alone could take some weight off ENA. But the part Iâm watching most is the proposed buyback using protocol revenue.
Less unlock pressure + potential real buying demand is a combo I donât want to ignore.
Iâm not saying ENA will instantly pump â crypto doesnât work that simply. But this definitely makes the $ENA setup more interesting to me. đ„
