Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
STIX founder: The reasonable off-market valuation of ENA in locked state should be discounted by 70%

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).

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

BTC falls below $91,000

Cointime2024/11/16 12:44

ETH breaks through $3,200

Cointime2024/11/16 12:44

BNB breaks above $630

Cointime2024/11/16 12:44

FIL breaks through $4.5

Cointime2024/11/16 12:44