Will Ethena (ENA) Rebound After Losing 11% in 24 Hours?

Quick Summary:

Ethena (ENA) dropped to $0.4251 before stabilizing at $0.4278, marking an 11.02% decline in the last 24 hours.

The token’s market cap decreased by 10.99% to $1.33 billion, while its 24-hour trading volume fell 21.14% to $221.1 million.  The fully diluted valuation (FDV) stands at $6.

The RSI moving average is slightly above 40, indicating weak momentum.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin News Ethena ENA BEARISH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 12:20:00 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 39 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26105743

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 49 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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