MEXC, a big cryptocurrency exchange, just gave a lot of money to Ethena! They invested $20 million in USDe, a special kind of cryptocurrency called a stablecoin. Stablecoins try to always be worth $1. MEXC also gave $16 million to help Ethena grow. It's like giving a big boost to a new project!
- MEXC invested big money in Ethena’s USDe stablecoin.
- USDe is designed to always be worth around $1, but it also gives you extra money!
- Ethena is building more things to use with its stablecoin.
- ENA, Ethena's token, went up in price after the news!
| Fact | Number |
|---|---|
| MEXC Investment in USDe | $20 million |
| MEXC Investment in Ethena Labs | $16 million |
| USDe Market Cap | $5.86 billion |
| ENA Price (approx.) | $0.44 |
| ENA 24hr Price Change | +7% |
| ENA Trading Volume (approx.) | $300 million |
