This new DeFi $ENA $PENDLE has suffered a loss in 🧐 the exchange rate during this ETH rally
$ENA The fall in the exchange rate is understandable, after all, as the market value of its circulation is increasing as the emission increases, the current logic is still pure mining coins. Perhaps at first, it will enjoy the same premium as $ARB, but in the end, if it does not implement the real utility or attract institutional buying, the price trend is likely to be poor.
$PENDLE Nothing to say, HODL.
I personally believe that the breaking point of $ENA is not in revenue distribution, but in promoting the adoption of Delta-Neutral stablecoins based on funding rates and staking returns. The expectations that need to be adopted by market institutions before the end of the loose environment during the $ENA value is squeezed dry, understand the Wang tenure.
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