MicroStrategy Effect? Can Ethena’s $2 Rally Mirror Bitcoin’s Ascent?
Ethena's price surge echoes Bitcoin's trajectory—but can it sustain the momentum?
The $2 question: Is this another MicroStrategy-style catalyst or just market hype?
Speculators pile in, betting on synthetic dollar protocols to outperform traditional finance's sluggish yields. Wall Street bankers scoff—until their clients ask about it.
Active trading volume spikes, liquidity deepens, and shorts get squeezed. No enablement here—just pure market forces at work.
Remember: In crypto, every rally has a story. Not all of them have happy endings.
