BitMEX former CEO Arthur Hayes, who attracted attention with his striking statements and analyzes on Bitcoin (BTC) and cryptocurrencies, put Binance’s latest Launchpool project, Ethena (ENA), on his radar in his X post.
Ethena, a DeFi project that was recently launched and listed by many exchanges including Binance, has increased its popularity in the crypto market with its rise of over 20%.
BitMEX co-founder Arthur Hayes expressed bullish expectations, noting the popularity of ENA and predicting a rise for the ENA price to $10.
Congrats @ethena_labs on a successful TGE. If this is what $ENA is worth what the market is puking, imagine how high it will go once we resume up only!$ENA = $10
It’s just math yo … pic.twitter.com/rKGW7ofHzi
— Arthur Hayes (@CryptoHayes) April 2, 2024
“Korean Investors Have Not Stepped In Yet!
Expressing his support for the DeFi project with his record prediction of $ 10 for the ENA price, Hayes said that ENA is not yet listed on Korean exchanges.
According to Hayes, there may be a strong rise in ENA price when Korean investors start trading after the ENA listing.
Arthur Hayes’ $10 share for the ENA price is just a prediction, and investors should approach Hayes’ predictions with caution, considering that the cryptocurrency market is inherently volatile and unpredictable. Therefore, make your investment decisions based on your own research.
*This is not investment advice.
Read the full article here
