lito
lito
ETH+1.96%
the unlocks were priced in ✅ circle did ipo ✅ the stablecoin hype did pick up ✅ the telegram integration did happen ✅ they did have aces up their sleeve (stablecoinx, converge etc.)✅ ethereal will be a cook 🔜
lito
lito
crazy to me that people are fading $ENA once again without a doubt one of the projects with the strongest fundamentals to come out of this cycle if circle really IPO's this year i believe people are gonna want to chase the stablecoin narrative ethena is the only stablecoin that truly competes with Tether, Circle & Co. which has a token retail can participate in i guess a lot of people fearing unlocks but after a 65% drawdown since early Jan i'm starting to believe they could be priced in - and we could be looking at bullish unlocks im March especially if you look at all the catalysts like the upcoming native integration of $USDe into Telegram, Ethereal DEX (which i think will be a cook), implementation of rev share and wouldn't be surprised if the team has a lot more aces up their sleeves disclosure: i'm an angel investor in ethena, farmed S1, S2, S3 and bought more over the last few weeks on the markets
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