๐ Ethena (ENA) Big Moves!
๐ฅ 1. $530M Funding Boost โ ENA Price Skyrockets
StablecoinX + TLGY Acquisition Corp. raised a massive $530M, taking total funding to $890M+ ๐ต
Funds will be used to buy 3B+ ENA tokens โ
Result: ENA jumped 12% in just one day! ๐
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๐ 2. $310M Buyback โ Supply Gets Tighter
Ethena Foundation announced a $310M Buyback over the next 6โ8 weeks ๐
Already bought back 7.3% of supply earlier โ๏ธ
Now targeting another 13%, meaning less ENA in circulation โ higher price potential ๐
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โก Bottom Line
๐ Ethena is hitting double power: Big Funding + Supply Reduction
๐ Market confidence is soaring, and ENAโs bullish momentum is stronger than ever! ๐
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