AltcoinAnalyst

Recently, the ENA token has shown a significant upward trend, driven by three main factors: first, the implementation of the buyback plan has injected new liquidity into the market; second, USDe (a stablecoin related to the ENA ecosystem) has experienced explosive growth, boosting investor confidence; finally, the impending unlocking expectations are also driving up the price.
However, the market is not entirely optimistic. The upcoming large-scale token release may bring significant selling pressure to the market, which will strongly counter the current upward trend. Therefore, investors need
View OriginalHowever, the market is not entirely optimistic. The upcoming large-scale token release may bring significant selling pressure to the market, which will strongly counter the current upward trend. Therefore, investors need