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Ethena Falls 6.50% in 24 Hours as ENA Slips Below $0.20

CoinGecko and exchange spot data showed ENA at $0.1725 as of 11:28 a.m. ET Monday.

Updated 1 min read
Anonymous hands check a cryptocurrency quote on a phone inside a public exchange lobby in Seoul, South Korea. / TokenPost.ai
Anonymous hands check a cryptocurrency quote on a phone inside a public exchange lobby in Seoul, South Korea. / TokenPost.ai

CoinGecko and exchange spot data put Ethena’s token below $0.20 Monday, with ENA down 6.50% over 24 hours at $0.1725 in a snapshot taken at 11:28 a.m. ET (16:28 UTC).

The $0.1725 figure is a point-in-time quote; the percentage change covers the preceding 24 hours. ENA was also below a $0.2115 reading recorded at 3:07 a.m. ET Oct. 13.

Ethena uses ENA for governance across its Ethereum-based synthetic-dollar ecosystem.

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