BitMEX Founder Predicts Potential 800% Gain for New DeFi Token ENA Listed on Binance

Founder of crypto derivatives platform BitMEX, Arthur Hayes, recently made a bold price prediction about an Ethereum-based cryptocurrency that was recently listed on major crypto exchanges including Binance.

In a post shared on microblogging platform .

Congratulations @ethena_labs for a successful TGE. If this is the value of $ENA that the market is causing, imagine how high it will go when we just resume operations!$ENA = $10It's just math yo... pic. twitter.com/rKGW7ofHzi

— Arthur Hayes (@CryptoHayes) April 2, 2024

This optimistic forecast comes as ENA experiences a significant price increase, currently trading at $1.10, up more than 90% in the past week. Hayes is not alone in backing the project, as Ethena Labs, the company behind ENA, boasts a list of prominent investors including financial services giant Franklin Templeton, a technical asset manager Galaxy Digital and Binance Labs, the joint venture arm of the world's leading company. cryptocurrency exchange.

Hayes expressed his confidence on the microblogging platform after congratulating the organization behind the project on a successful Token Generation Event (TGE).

electronic money.