Ethena Price Prediction: ENA Surges 65% In A Week, But Experts Say This World-First AR/VR Crypto May Be The Best Crypto To Buy Now
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
The
Ethena
price
rose
4%
in
the
last
24
hours
and
65%
in
a
week
to
trade
at
$1.35
as
of
00:18
a.m.
EST
on
trading
volume
that
dropped
27%
to
$1
billion.
This
comes
as
the
team
announced
an
increase
in
staking
rewards
in
its
Season
2
update.
With
the
update,
users
who
lock
$ENA
at
a
minimum
of
50%
of
their
total
USDe
holdings
per
wallet
will
have
a
50%
increase
in
their
wallets.
Today
we
introduce
$ENA
into
Season
2
in
order
to
more
closely
align
the
growth
in
USDe
with
$ENAUsers
who
lock
$ENA
at
a
minimum
of
50%
of
their
total
USDe
holdings
per
wallet
will
receivei)
50%
increase
in
their
rewards
ii)
the
highest
number
of
rewards
per
day
of
any
pool
pic.twitter.com/zxVmpGZSN6—
Ethena
Labs
(@ethena_labs)
April
8,
2024
Ethena
also
introduced
a
Bitcoin
purchasing
and
shorting
strategy
for
yield
generation,
building
on
the
same
approach
previously
applied
to
Ether.
Ethena
Price
Set
To
Sustain
Its
Surge
Within
The
Rising
Channel
After
its
launch,
the
Ethena
price
rallied
within
a
week
to
record
an
all-time
high
of
$1.40
on
April
9.
Even
with
the
price
being
just
a
fraction
of
a
percentage
down,
ENA
is
still
trading
upward
within
the
confines
of
a
rising
channel
pattern.
The
uptrend
signals
a
breakout
rally,
with
the
altcoin
acquiring
momentum
that
may
push
the
price
to
new
highs.
ENA
is
also
trading
above
the
50-day
Simple
Moving
Average
(SMA),
indicating
an
upward
potential
for
the
price.
Furthermore,
the
Relative
Strength
Index
(RSI)
is
rebounding
from
oversold
levels
towards
the
overbought
region,
currently
at
61.
This
suggests
intense
buying
pressure
and
sustained
investor
optimism.
Ethena
Price
Prediction
The
Ethena
price
analysis
indicates
ENA
remains
in
bullish
momentum
within
the
rising
channel
pattern.
The
bulls
aim
to
leverage
RSI
momentum
for
increased
buying,
targeting
a
new
ATH
of
$1.8.
However,
if
bears
dominate
at
this
level,
ENA
might
dip
below
the
rising
channel’s
lower
boundary
to
$1.25,
aligning
with
the
50-day
SMA.
Meanwhile,
as
the
Ethena
price
surges,
investors
are
also
rushing
to
diversify
their
portfolios
with
5thScape,
the
world’s
first
ever
AR
and
VR
crypto
project.
5SCAPE
Stage
4
Draws
Investors
As
It
Races
Towards
$5
Million
5thScape
(5SCAPE)
is
emerging
as
a
pioneer
in
virtual
reality
(VR)
and
augmented
reality
technologies,
positioned
as
the
world’s
first-ever
AR
and
VR
ecosystem
in
crypto
to
connect
the
most
brilliant
minds.
5thScape,
the
cutting-edge
crypto
project
poised
to
revolutionize
augmented
and
virtual
reality,
offers
investors
an
opportunity
to
dive
into
the
future
of
immersive
gaming.With
plans
for
innovative
VR
hardware
and
a
diverse
range
of
games,
including
Cage
Conquest
and
Epic…
pic.twitter.com/FaIicOGq3w—
5th
Scape
(@5th_scape)
March
23,
2024
The
project
brings
in
transformative
features
like
VR
games,
movies,
education,
and
devices,
leveraging
software
and
hardware
advancements
to
deliver
unparalleled
experiences
to
users.
The
development
team
is
set
to
launch
different
games,
including
the
MMA
Cage
Contest,
Thrust
Hunter,
and
Archery
Master.
We
are
excited
to
reveal
the
first
look
of
the
characters
of
our
upcoming
VR
game,
Cage
Conquest!
Meet
the
fighters
who
will
challenge
you
in
the
ultimate
UFC
experience.
Which
one
is
your
favorite?
#CageConquest
#5scape
#Crypto
#Bybit
$NVDA
#Ethereum
$SYS
pic.twitter.com/PUUdsbWWIi—
5th
Scape
(@5th_scape)
February
21,
2024
With
such
an
innovative
vision
and
the
general
potential
to
reshape
the
VR
and
AR
ecosystem,
the
project
has
continued
to
draw
significant
interest.
The
presale
is
currently
in
its
fourth
stage,
having
gathered
over
$4.7
million
as
it
swiftly
approaches
its
$5
million
target.
According
to
99Bitcoins,
a
crypto
YouTube
channel
with
over
700K
subscribers,
5SCAPE
has
the
potential
to
surge
by
100X
after
its
launch.
The
development
team
is
gearing
up
to
launch
$5SCAPE
at
$0.01,
which
means
that
buying
now
at
$0.00285
per
token
locks
in
gains
of
about
250%
before
listing.
GET
YOUR
TOKENS
NOW!!!#vr
#5thscape
#cryptocurrency
#Presale
pic.twitter.com/4t4cIrP0St—
5th
Scape
(@5th_scape)
March
28,
2024
You
can
join
the
presale
by
swapping
ETH,
MATIC,
USDT,
or
BNB
for
5SCAPE
tokens
on
the
official
website
here.
You
can
also
buy
directly with
a
bank
card.
Related
News
Smog
(SMOG)
–
Meme
Coin
With
Rewards
-
Airdrop
Season
One
Live
Now -
Earn
XP
To
Qualify
For
A
Share
Of
$1
Million -
Featured
On
Cointelegraph -
Staking
Rewards
–
42%
APY -
10%
OTC
Discount
–
smogtoken.com
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
Comments are closed.