Hey kids! Want to hear some exciting news about crypto? Ethena (ENA), a type of cryptocurrency, is doing surprisingly well even though many other cryptos are going down. Think of it like a rollercoaster – some parts are going down, but Ethena is staying relatively stable.
- Ethena's price only dropped a little (3%) while others lost a lot more.
- It recently raised $100 million for a new project called iUSDe.
- iUSDe is like a special type of digital money for big companies that want to use cryptocurrency without directly buying it.
- Ethena also has another digital money called USDe, which is very popular.
- One trader thinks Ethena's price could go way up again.
| Fact | Number |
|---|---|
| Current ENA price | $0.40 |
| Money raised for iUSDe | $100 million |
| USDe market cap (value) | Nearly $6 billion |
| Possible future ENA price (prediction) | Could potentially rise significantly |
Remember, investing in crypto is risky, so always talk to a grown-up before making any decisions. This is just news, not financial advice!
