๐ Gate Square ยท Mid-Autumn Creator Incentive Program is Live!
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๐ฅ Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
๐ก Post Ideas:
1๏ธโฃ How do you see AI tokens evolving?
2๏ธโฃ Wh
๐ #Ethena ($ENA) on the Rise!
ENA has surged 12% in the last 24 hours, now trading at $0.75 with daily trading volume skyrocketing 122% to $1.48B. ๐
The rally comes after StablecoinX Assets Inc., a validator and infrastructure partner of Ethena, secured an additional $530M through private investment in public equity. โ This complements Julyโs $360M raise, bringing total commitments to $890M.
๐น Key Investors: YZi Labs, Brevan Howard, Susquehanna Crypto, IMC Trading, Dragonfly, and ParaFi Capital.
๐น Strategy: Accumulate 3B+ ENA tokens in reserve.
๐น Liquidity Boost: Ethena Foundation has already launched a $570M buyback program to strengthen ENA liquidity.
With a market cap of $5.16B and TVL of $12.81B, Ethena secures its place among the Top 30 cryptocurrencies. Todayโs momentum highlights investor confidence in ENAโs growing role at the heart of the stablecoin ecosystem (USDe & USDtb). ๐๐
#ENA # Crypto #Stablecoin # USDe #USDtb # Altcoins