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Why Ethena Rallied 20%

August 31, 202610 views1:12

Ethena just ripped 20% and even the people who built the token can’t fully explain why.⁣ ⁣ Token unlocks stopped. Sellers got bought out. Equity got unified with the token. A fee switch flipped on. All at once.⁣ ⁣ “It’s hard to tell what caused what.”⁣ ⁣ The unlock says everything: “No more unlocks and more overhangs” — that alone might be the biggest driver.⁣ ⁣ “A lot of tokens have baggage, and it’s not their fault” — this could be the blueprint for how other projects finally fix theirs.⁣ ⁣ #Ethena #Crypto #CryptoNews #Tokenomics #Web3

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