Ethena’s Ecosystem Growth Drives Rally, 65% Upside Projected
Ethena’s Ecosystem Growth Drives Rally, 65% Upside Projected
Ethena, known for its USDe stablecoin, has broken out of a rare bullish pattern on the one-day charts, signaling potential gains of over 65% from current levels. The cryptocurrency's market cap recently surged past the $1 billion mark on October 14, bolstered by a 24.4% rally over the last week. Currently valued at $1.14 billion, Ethena's market cap has climbed 200% from its September lows, with daily trading volumes exceeding $318 million.
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