The altcoin taken under Binance’s Launchpool, the world’s largest cryptocurrency exchange, attracted a lot of attention before the listing.
Ethena (ENA), which Binance chose as the 50th Launchpool project, became the center of attention for investors. ENA, which was opened for trading on the DeFi futures trading platform Aevo, experienced a 30% increase on March 28, climbing to $0.68.
After the increases, it was predicted that ENA’s starting market value would be around $500 million following its listing on Binance. In addition, it was noted that ENA’s fully diluted market value (FDV) could be over $10 billion.
Ethena, which stands out as a DeFi protocol, announced on April 2 that it will distribute 750 million tokens as an airdrop to early users holding USDe.
Binance will list the new altcoin ENA on April 2 at 12.00 PM with the “seed tag” in ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY trading pairs.