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CoinGape

Ethena price is eyeing a breakout above $1.2 for rally to $2 and beyond

CoinGape
Summary
Nutrition label

61% Informative

Ethena price has surged 10% to $ 1.2 in the last 24 hours despite the broader crypto market crash.

The bullish push comes amid strong ENA whale accumulation and a recent collaboration with Donald Trump’s crypto project World Liberty Financial .

The Coinglass data shows a 20% jump in open interest to $700 million suggesting that traders continue to remain bullish on the altcoin.

VR Score

43

Informative language

36

Neutral language

48

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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