The post Ethena Pumps 57% Following Binance Listing – Could These New Coins List Next? appeared first on Coinpedia Fintech News
The newly launched Ethena token (ENA) has seen a whopping 57% surge after it went live on Binance on Tuesday.
Ethena is a decentralized finance (DeFi) protocol that offers a yield-earning stablecoin USDe. The stablecoin’s market cap has also exploded recently, currently at $1.89 billion.
The ENA governance token launched via an airdrop, with 5% of its total supply allocated to USDe holders. Currently, Ethena is the number one trending crypto on CoinMarketCap, holding a $1.3 billion market cap and a $2.7 billion 24-hour trading volume.
Indeed, its early success is impressive, but price explosions are commonplace after Binance listings. So, let’s take a look at some other projects that could be listed on the platform next.
Dogecoin20
With meme coins continuing to dominate crypto headlines, the Dogecoin-inspired Dogecoin20 is emerging as our to
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