The ENA token did not perform as many people expected 🚧... some people lost their money buying it after it was launched on binance, this is the main reason why this happened:
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1. Timing: Although you can attribute this to anyone, but at the time of launch the market sentiment was bearish... this is due to the falling price of BTC... the very fact that it is holding this strong means that there is strong bullish sentiment supporting this... we could see a big increase when things calm down.
2. Fake Token Sale: About $290,000 was lost by people who were tricked into buying fake Ena tokens... that was bad too.
The market seems unstable, the last thing you want is to make decisions or actions without being informed... Follow for regular updates.
