๐จ NEW: StablecoinX is raising a massive $360 MILLION to buy up $ENA as part of its treasury strategy ๐ฐ๐ฅ
And theyโre going public through a SPAC merger under the ticker โUSDEโ ๐บ๐ธ๐ต
This is huge on multiple levels ๐
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๐ง Whatโs going on:
StablecoinX is betting big on Ethena (ENA) โ showing serious conviction in the protocolโs role in the future of decentralized stablecoins ๐งฉ
$360M worth of ENA is no joke โ thatโs deep liquidity, long-term confidence, and potential governance power ๐ณ๏ธ
Going public under โUSDEโ = theyโre branding themselves as the future of digital dollars ๐ต๐ฅ๏ธ
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๐ Why this matters:
1. Massive buy pressure incoming on $ENA โ this could squeeze price hard ๐
2. Public listing = more eyes, more credibility, more institutional access ๐
3. Stablecoin wars are heating upโฆ and this puts ENA & Ethena front and center ๐ฅ
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๐ฎ Predictions:
ENA could pump toward $1.20โ$1.50 short-term if that $360M starts deploying fast ๐งจ
If StablecoinX secures a smooth SPAC merger, expect heavy retail and institutional inflow into both USDE and ENA ๐ผ
Ethena might attract even more partnerships or CEX listings in coming weeks ๐
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This isnโt just a treasury playโฆ itโs a full-on power move ๐ง ๐ผ
Theyโre putting their money where their mission is: to back the future of decentralized stable value ๐๐ต
๐ LIKE if you're bullish on stablecoin innovation
๐ฌ COMMENT what price you think ENA hits if $360M gets deployed
๐ SHARE with your crew โ this oneโs flying under the radar
๐ฒ FOLLOW for live crypto alpha, backed by research, speed, and vibes ๐๐ก
