Listed on the Korean exchange Upbit $ENA , supporting three trading pairs: KRW, USDT, BTC.
Tokens listed on Korean exchanges often experience a wave of capital chasing and active trading. Although the enthusiasm usually does not last at high levels for too long after it decreases, it may raise the original support level due to this wave of trading frenzy.
The relevant data is as follows:
ENA/KRW trading pair 240 million USD, accounting for about 19.64% of the total trading volume, slightly surpassing Binance
Total trading volume surged by 400%, reaching 1.25 billion USD
Market capitalization increased by 20%, reaching 2.23 billion USD
From the data of Upbit exchange alone, ENA's trading scale has skyrocketed to seventh place, surpassing Solana and Doge.
If you want to chase ENA, it's recommended to first check the line chart on Upbit.
However, Ethena indeed has other positive news today, such as the collaboration with Aava and Pendle further increasing the total amount in the pool. Additionally, it was just announced that Converge has a new project joining, which will also distribute token airdrops to ENA stakers.
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※Ethena code:
eu54u
※Ethereal code:
R7AH81
※The above content does not constitute investment advice. Users should operate based on their own risk tolerance and participate in the investment market with caution, DYOR.
※Attached images sourced from CoinMarketCap, Upbit