USDe

Ethena

Shiba Inu

Coin

<p>With excitement surrounding the <a href="https://insidebitcoins.com/buy-cryptocurrency/best-staking-coins">staking</a> feature, the Ethena price surged by 76% in just one week, reaching a trading value of $1.23.</p> 
<p>Ethena, an Ethereum-based synthetic dollar protocol, offers a decentralized financial solution independent of traditional banking infrastructure, introducing the ‘Internet Bond’ for global dollar-denominated savings. Since the $ENA token launch, it has seen remarkable price surges.</p> 
<p>On April 8, the Ethena Labs community incentivized users to lock 50% of their USDe holdings in $ENA, resulting in a 50% increase in rewards and maximum daily rewards per pool. Following this announcement, TVL surged by 8.5% in the last 24 hours, reaching $2.24 billion.</p> 
<p>In addition, two major crypto whale wallet addresses, 0xd38 and 0x29f, withdrew a significant 8.59 million $ENA tokens valued at $11.8 million from <a href="https://insidebitcoins.com/visit/binance" rel="nofollow">Binance</a>. In just 15 minutes, these tokens were swiftly staked in the ‘Ethena: LP Staking’ contract.</p> 
<p><iframe title="Ethena ENA Crypto Price Prediction | Ethena News!" width="640" height="360" src="https://www.youtube.com/embed/TZjN5DAbSIE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<h2 id="ena-price-prediction">$ENA&nbsp; Price Prediction</h2> 
<p>The Ethena token is currently trading at $1.24, displaying impressive activity with a 24-hour trading volume reaching $1.01 billion and a market cap standing at $1.78 billion. Over the past 24 hours, $ENA has experienced a modest 1.22% increase.</p> 
<p>Despite fluctuations, the Ethena price has been demonstrating resilience, maintaining a range between $0.98 and $1.39. While there is a potential for a correction upon reaching $1.39, it indicates a significant upside potential.</p> 
<p>With an RSI of 99.01 over the last 14 days, the $ENA token is considered undervalued, though the market sentiment remains bullish, as evident from its position above the ’50’ mean level. Continued buying pressure may propel Ethena’s price beyond the $1.39 mark, leading to new market highs.</p> 
<p><img decoding="async" class="alignnone size-full wp-image-503942" src="https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph.jpg" alt="ENA Crypto 7 Days Price Graph" width="1920" height="1080" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph.jpg 1920w, https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph-300x169.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph-1024x576.jpg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph-768x432.jpg 768w, https://insidebitcoins.com/wp-content/uploads/2024/04/ena-crypto-7-days-price-graph-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"></p> 
<p>Pivot point analysis highlights strong support levels at $1.14, $0.98, and $0.88, with resistance levels at $1.40, $1.50, and $1.66, respectively.</p> 
<p>Watch the video above for an in-depth analysis of Ethena’s crypto price predictions, and follow his <a href="https://www.youtube.com/@JacobCryptoBury">YouTube channel</a>. Additionally, join Jacob Crypto Bury’s <a href="https://insidebitcoins.com/visit/jacob-crypto-bury-discord" rel="nofollow">Discord server</a> for valuable trading insights and information on <a href="https://insidebitcoins.com/buy-cryptocurrency/new-upcoming-icos">upcoming crypto presales</a>.</p> 
<h2 id="other-crypto-with-100x-growth-potential-post-launch">Other Crypto with 100X Growth Potential Post-Launch</h2> 
<p>Although the $ENA token shows promising future potential, investors are flocking to <a href="https://insidebitcoins.com/visit/dogecoin20" rel="nofollow">Dogecoin20</a> to secure their positions ahead of the anticipated launch, which could yield returns of up to 10X or more. Check out our <a href="https://insidebitcoins.com/buy-cryptocurrency/dogecoin20-price-prediction">$DOGE20 price prediction</a> for valuable insights into its potential value trajectory.</p> 
<p>Dogecoin20, the latest meme coin iteration launched in March 2024, offers enhanced features, notably its staking mechanism. Differing from Dogecoin, it operates on Proof-of-Stake consensus, allowing storage in self-custody wallets as an <a href="https://insidebitcoins.com/buy-cryptocurrency/best-erc-20-tokens">ERC-20 token</a>.</p> 
<p><a href="https://insidebitcoins.com/cryptocurrency/crypto-staking">Staking</a> $DOGE20 boosts holdings without the need for extensive hardware or electricity. Over the first two years, 15% of the total $DOGE20 supply will be allocated to stakers, with a focus on the initial year for 12.5% distribution and 2.5% in the second.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">🌿🐕 <a href="https://twitter.com/hashtag/DOGE20?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE20</a> stands out as a more eco-friendly and adaptable version compared to the original <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a>, thanks to its operation on Ethereum's Proof-of-Stake network. 🔋</p> 
 <p>Being an ERC-20 token, it effortlessly fits into any well-known self-custody wallet for convenient storage. 📥 <a href="https://t.co/qkYXjlcnjY">pic.twitter.com/qkYXjlcnjY</a></p> 
 <p>— Dogecoin20 (@DOGE_COIN20) <a href="https://twitter.com/DOGE_COIN20/status/1770495609323077920?ref_src=twsrc%5Etfw">March 20, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Currently, the staking APY is at 50%, supported by over 56 billion tokens staked. However, as more tokens enter circulation, the APY will decrease. Potential investors can visit our guide on <a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-dogecoin20">how to by Dogecoin20 token here.</a></p> 
<p>The project recently reached its hard cap of $10 million ahead of the <a href="https://insidebitcoins.com/buy-cryptocurrency/best-decentralized-exchanges">decentralized exchange</a> (DEX) launch, yet latecomers have a final chance to participate at $0.00022 per token. To join the presale, connect your Ethereum wallet and use $ETH, $USDT, or a card for purchase.</p> 
<p>Consider immediate staking to capitalize on the high APY. During the presale, investors can acquire 35 billion $DOGE20 tokens, representing 25% of the total supply. Stay informed on this crypto presale by following Dogecoin20 on <a href="https://twitter.com/DOGE_COIN20">X</a> and joining their <a href="https://t.me/DOGE_COIN20">Telegram channel</a>. To take part in the $DOGE20 token presale visit <a href="https://insidebitcoins.com/visit/dogecoin20" rel="nofollow">dogecoin20.io.</a></p> 
<h3 id="related">Related</h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/ethena-price-prediction-ena-goes-ballistic-with-a-97-weekly-gain-as-this-solana-meme-coin-offers-a-last-to-buy">Ethena Price Prediction: ENA Goes Ballistic With A 97% Weekly Gain As This Solana Meme Coin Offers A Last To Buy</a></li> 
 <li><a href="https://insidebitcoins.com/news/ethena-price-prediction-ena-pumps-4-as-traders-rush-to-build-xp-for-this-new-meme-coins-massive-airdrop">Ethena Price Prediction: ENA Pumps 4% As Traders Rush To Build XP For This New Meme Coin’s Massive Airdrop</a></li> 
 <li><a href="https://insidebitcoins.com/news/shiba-inu-price-prediction-shib-burn-rate-goes-center-stage-as-traders-rush-to-buy-dogecoin20-before-its-too-late">Shiba Inu Price Prediction: SHIB Burn Rate Goes Center Stage As Traders Rush To Buy Dogecoin20 Before It’s Too Late</a></li> 
 <li><a href="https://insidebitcoins.com/news/ethena-price-prediction-ena-plunges-8-as-experts-say-this-2-0-meme-coin-might-100x-again">Ethena Price Prediction: ENA Plunges 8% As Experts Say This 2.0 Meme Coin Might 100X Again</a></li> 
</ul>

Ethena’s Price Soars 76% in a Week as Hottest New Meme Coin Nears DEX Launch

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Inside Bitcoins

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