How high can ENA go this round? How to value it?
As the third largest stable market protocol, USDe has reached a market value of $6 billion, showing strong fundamental support. This protocol achieved $100 million in revenue in just 251 days, becoming the second fastest project in the history of the cryptocurrency market to reach this milestone, with the potential to reach a market value of $10 billion.
From both the fundamental and financial perspectives, ENA is currently in a bottom accumulation phase on a weekly basis, and it is categorized as a high-yield, low-risk stablecoin, aiming to become the internet bond in the DEFI field.
The team has a deep background in traditional finance and crypto finance, and has the support of A16z. This price level allows for a small position entry, with the best entry price at $0.38.
The exit price will be announced in the designated area, and fans who have not yet entered the designated area can follow Cool General.
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