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Reading: Its Price Bounces – Analyst il Capo Issues Hot Statement
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Your Crypto News Today > News > Crypto > Altcoins > Its Price Bounces – Analyst il Capo Issues Hot Statement
Altcoins

Its Price Bounces – Analyst il Capo Issues Hot Statement

January 9, 2025 2 Min Read
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JUST IN! Binance Announces Listing of a New Memecoin, Price Skyrockets!

Ethena (ENA), working within the decentralized finance (DeFi) area, has launched its 2025 roadmap, revealing key milestones for the approaching yr.

The corporate’s major focus for the primary quarter is to supply its clients with seamless entry to Ethena’s product, iUSDe, by way of partnerships with conventional monetary distribution networks.

Moreover, Ethena introduced plans to introduce a brand new use case for its savings-focused stablecoin, sUSDe. The function will combine immediately into the Telegram messaging app, permitting customers to ship, spend, and save in a cellular neobank-like setting.

Ethena goals to redefine cellular monetary providers with its Telegram integration. In line with the corporate, the upcoming function will embrace a direct connection to Apple Pay, permitting customers to effortlessly change between holding sUSDe as a financial savings asset and making funds with a faucet from their smartphone.

Following the event, the ENA value gained roughly 15% in worth.

Chart displaying the rise in ENA value.

One of many names well-known within the cryptocurrency world, il Capo of Crypto, additionally spoke in regards to the token in his assertion. In line with the analyst, earlier than the rise, a triple backside level formation was fashioned on the ENA chart and a powerful rise occurred from there. As well as, il Capo added that ENA constitutes the biggest a part of his portfolio.

*This isn’t funding recommendation.

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