Currencies34286
Market Cap$ 3.86T-2.69%
24h Spot Volume$ 66.05B-28.6%
DominanceBTC58.33%+0.51%ETH10.88%-2.06%
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Cryptorank

3 Reasons Why the Ethena (ENA) Price Has Soared by 160% in the Past Month


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • Ethena’s native token has skyrocketed by triple digits in the last 30 days, fueled by major exchange listings and other reasons.
  • Some analysts believe the price could continue pumping in the short term, but the upcoming token unlocks suggest a bearish scenario may also be in play.

ENA Takes Center Stage

There are numerous cryptocurrencies well in the green on a monthly scale, but very few can match the price rally of Ethena (ENA) during that period. The token has exploded by almost 160% and is currently worth approximately $0.67 (per CoinGecko’s data).

Read the article at CryptoPotato

Read More

Whales Keep Buying the Dips: 310M DOGE Snapped Up in a Day

Whales Keep Buying the Dips: 310M DOGE Snapped Up in a Day

Whales added 310M DOGE in 24 hrs as ETF approval odds rise to 75%. Analysts see signs...
BONK at Critical Level After 28% Weekly Drop

BONK at Critical Level After 28% Weekly Drop

BONK trades near $0.000026 as analysts watch a cup-and-handle pattern and key $0.0000...

3 Reasons Why the Ethena (ENA) Price Has Soared by 160% in the Past Month


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • Ethena’s native token has skyrocketed by triple digits in the last 30 days, fueled by major exchange listings and other reasons.
  • Some analysts believe the price could continue pumping in the short term, but the upcoming token unlocks suggest a bearish scenario may also be in play.

ENA Takes Center Stage

There are numerous cryptocurrencies well in the green on a monthly scale, but very few can match the price rally of Ethena (ENA) during that period. The token has exploded by almost 160% and is currently worth approximately $0.67 (per CoinGecko’s data).

Read the article at CryptoPotato

Read More

Whales Keep Buying the Dips: 310M DOGE Snapped Up in a Day

Whales Keep Buying the Dips: 310M DOGE Snapped Up in a Day

Whales added 310M DOGE in 24 hrs as ETF approval odds rise to 75%. Analysts see signs...
BONK at Critical Level After 28% Weekly Drop

BONK at Critical Level After 28% Weekly Drop

BONK trades near $0.000026 as analysts watch a cup-and-handle pattern and key $0.0000...