I genuinely believe we will never see $ENA at 7c again. The principal reasons for why it got there are gone:
- VC unlocks
- Staked USDe APY at parity to t-bills
- Fee switch uncertainty
If you’re thinking Oct 5 is going to give you a chance to buy ENA cheaper, I think that’s generally a fleeting opportunity: everyone else is thinking the same.
The good thing is there is a way to get ENA 50% off today’s spot. I’ll let you figure out how…