Coinbase Throws ENA Into the Spotlight—Another Token Rides the Exchange Hype Train

ENA just hit the big leagues—or at least Coinbase’s roadmap. The listing gamble pays off again, as traders pile into the latest shiny object while ignoring the 90% of tokens that eventually crater. Who needs fundamentals when you’ve got exchange-driven FOMO?

XRP Faces Mounting Pressure as Traders Shift Heavily Toward Shorts

Trading volume soared to $254 million in 24 hours—up 91.7%—reflecting increased investor activity. However, the token’s gains were modest compared to other recently added assets.

The announcement also coincided with the unlocking of over 40 million ENA tokens, worth around $12 million. Despite fears of a sell-off, the token only dipped 1%, showing surprising stability.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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