CoinN92
CoinN92
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#ENA# If ENA (Ethena) becomes the "2nd Luna/Terra Luna", it means that this project will also undergo a horrific collapse, similar to what happened with Terra/Luna in May 2022.
Below are the scenarios and potential consequences if this comes to fruition:
The collapse of USDe and ENA:
USDe lost its peg (de-peg): Similar to UST losing its peg from USD, USDe (the synthetic stablecoin of Ethena) will lose its 1 dollar value and may drop close to 0.
ENA value collapse: The governance token ENA, designed to support and absorb the fluctuations of USDe, will lose significant value. The price could plu
View OriginalBelow are the scenarios and potential consequences if this comes to fruition:
The collapse of USDe and ENA:
USDe lost its peg (de-peg): Similar to UST losing its peg from USD, USDe (the synthetic stablecoin of Ethena) will lose its 1 dollar value and may drop close to 0.
ENA value collapse: The governance token ENA, designed to support and absorb the fluctuations of USDe, will lose significant value. The price could plu
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Double warning - Liquidation & Unlock
🚨 Double pressure on $ENA! 🚨
1️⃣ Liquidation Long: The chart shows that Long positions are being liquidated, creating downward pressure.
2️⃣ Large Unlock: Coming up on 05/08 (UTC), 171.88M ENA ($100.73M) will be unlocked! 🔓
👉 These two factors could push the price of ENA down further. Be extremely cautious!
#ENA # SPK# #ETH# #BTC# #Eigen#
View Original🚨 Double pressure on $ENA! 🚨
1️⃣ Liquidation Long: The chart shows that Long positions are being liquidated, creating downward pressure.
2️⃣ Large Unlock: Coming up on 05/08 (UTC), 171.88M ENA ($100.73M) will be unlocked! 🔓
👉 These two factors could push the price of ENA down further. Be extremely cautious!
#ENA # SPK# #ETH# #BTC# #Eigen#
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#INIT# #BTC# #ETH# #ENA# #BNKR#
If tomorrow INIT has a market cap of x10...
So today are you a genius or someone who missed out? 🧠💸
INIT x10 market cap: silent holders...
Those who miss out talk a lot. 😶📉
$INIT x10 market cap = $4.2
You: "I used to see it at $0.42 but..."
Universe: smile lightly 🌌
Don't let a coin tell your life story.
$INIT is waiting. 😏
Woke up to see INIT $4.2, market cap x10...
A dream? No, you are just one step slower than others. 🚀
View OriginalIf tomorrow INIT has a market cap of x10...
So today are you a genius or someone who missed out? 🧠💸
INIT x10 market cap: silent holders...
Those who miss out talk a lot. 😶📉
$INIT x10 market cap = $4.2
You: "I used to see it at $0.42 but..."
Universe: smile lightly 🌌
Don't let a coin tell your life story.
$INIT is waiting. 😏
Woke up to see INIT $4.2, market cap x10...
A dream? No, you are just one step slower than others. 🚀
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#ENA# UNLOCK $ENA WILL HAPPEN SOON! 🔓💥
⏰ Only 1D 17H left until 05 AUG, 07:00 AM UTC.
📈 171.88M $ENA (~$99.51M) will be added to the market, accounting for 2.70% of the current circulating supply!
NOTE:
There is a significant selling pressure.
Prices can fluctuate significantly during and after the unlocking period.
Attention traders! Always DYOR. 🕵️♂️📉 #ENA # Ethena #TokenUnlocks # CryptoNews #ETH#
View Original⏰ Only 1D 17H left until 05 AUG, 07:00 AM UTC.
📈 171.88M $ENA (~$99.51M) will be added to the market, accounting for 2.70% of the current circulating supply!
NOTE:
There is a significant selling pressure.
Prices can fluctuate significantly during and after the unlocking period.
Attention traders! Always DYOR. 🕵️♂️📉 #ENA # Ethena #TokenUnlocks # CryptoNews #ETH#
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:
: #EIGEN# this currency is unlocked weekly at $1M
Unlimited supply => Inflation => Price decrease
$Eigen is only used as a reward for AVS that have restaked $ETH on eigenlayer and $Eigen is only used for voting rights when violations by AVS are detected; if so, then the Eigen token is of no use. After the recent price surge, $Eigen still grew slowly compared to other projects and weakened, leading to a significant price drop. So why should we buy it and hold it, just for the development team to sell it over our heads? I advise you not to buy this coin and be cautious of projects involving INDIAN
View OriginalUnlimited supply => Inflation => Price decrease
$Eigen is only used as a reward for AVS that have restaked $ETH on eigenlayer and $Eigen is only used for voting rights when violations by AVS are detected; if so, then the Eigen token is of no use. After the recent price surge, $Eigen still grew slowly compared to other projects and weakened, leading to a significant price drop. So why should we buy it and hold it, just for the development team to sell it over our heads? I advise you not to buy this coin and be cautious of projects involving INDIAN
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