Ethena rises 41% in 7 days: Is $1 next for ENA’s price?

Quick Summary:

ENA is flashing bullish signals, but how far can these signals take it?

Ethena rises 41% in 7 days: Is $1 next for ENA's price?

The introduction of PT-sUSDE as collateral and the associated incentives may positively influence ENA’s value by increasing demand for Ethena’s services.

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets: United States

Topics: Social News 1 News Trading View Altcoin Ambcrypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:00:26 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 614 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23459390

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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