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STIX founder: The reasonable off-market valuation of ENA in locked state should be discounted by 70%

CointimeCointime2024/07/04 08:43
By:Cointime

STIX's founder Taran posted on X, stating that since ENA was launched, OTC sellers (investors) have contacted us, wanting to sell locked ENA with a valuation of 20-30 billion US dollars (at the time, ENA's FDV was as high as 20 billion US dollars). The reasonable selling price for locked ENA should now be valued at 1.5-2 billion US dollars (about a 70% discount).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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