Ethena (ENA) has been attracting attention since its entry into the market. The performance of the token price created both excitement and cautious approach among investors. The fact that he could not reach a new summit value within a year increased risk concerns.
High valuation and risk factors
One of the most talked about aspects of Ethena is its high valuation. Crypto analyst Defi Mochi says ENA’s full dilution value is $ 6.7 billion.
Defi Mochi: For early investors, an average FDV of $ 82 million means 72 times earnings.
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This brings a warning that the current value may pose a risk for investors compared to the advantage of early investors.
Price performance and market mobility
Token is trading at about $ 0.4499 and the 24 -hour transaction volume is high. Although it gives rise signals after the past recovery, ENA is 70 %away from $ 1.52 recorded a year ago.
Market dynamics are closely monitored by investors. Long positions are observed to dominate, high volatility is reported to leave investors in a difficult situation.
The opening of the token lock is also seen as an important factor that can lead to pressure on the price. 2.07 billion token was released recently, while 937.5 million toks are expected to be released on 2 April 2025. This may bring the risk of increasing sales pressure.
Analysts say that ENA’s critical support point is $ 0.46. If this level is below this level, the price can be re -tested between 0.42 and $ 0.44. The price of the price above $ 0.50 can signal the upward movement.
While uncertainty and high volatility stand out throughout the market, investors are careful to be careful and monitor market trends closely. Closely monitoring price movements can help better evaluate potential risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
