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What is driving the increase in the price of ENA stock?

CoinGape LogoCoinGape1w ago

What is driving the increase in the price of ENA stock? - CoinGape

Quick Summary:

In the midst of a turbulent global market, cryptocurrency enthusiasts woke up to a surprising surge in the price of ENA, the governance token of the Ethena ecosystem.

The crypto market has recorded a decrease of 0.84% in its crypto market cap to reach $2.31 trillion.

The token has experienced a 42.25% increase in trading volume, showing a rise in investor interest.

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What is driving the increase in the price of ENA stock? - CoinGape (Picture 1) What is driving the increase in the price of ENA stock? - CoinGape (Picture 2)

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Article Details

Author / Journalist: Jane Lubale

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-08 @ 18:00:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 20914717

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 11 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

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: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story " What is driving the increase in the price of ENA stock?" has 559 words across 37 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story " What is driving the increase in the price of ENA stock?" was covered 1 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 11 news stories per day.

It's most recent story was published 12 hours ago.

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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #20914717
  • URL: https://beamstart.com/news/why-is-ena-price-pumping-17151624275439

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