Cryptocurrency Q&A How many Ena coins are there?

How many Ena coins are there?

benjamin_cole_nurse benjamin_cole_nurse Sat Jun 15 2024 | 5 answers 1186
Could you please elaborate on the quantity of Ena coins that currently exist? I'm quite curious about the circulating supply of this cryptocurrency. Does it have a fixed amount, or does it fluctuate based on mining or other mechanisms? Also, how does the supply of Ena coins affect its market value and overall demand? I'm trying to gain a deeper understanding of this aspect of Ena's economy. How many Ena coins are there?

5 answers

Bianca Bianca Mon Jun 17 2024
Ethena, a cryptocurrency with a circulating supply of 1,520,312,500 ENA, commands a significant presence in the digital asset market. Its total market capitalization stands at an impressive KES 184,311,633,041.38, reflecting its widespread acceptance and value.

Was this helpful?

352
91
EmilyJohnson EmilyJohnson Sun Jun 16 2024
However, the trading volume of Ethena has experienced a notable decline in the past 24 hours. Specifically, the amount traded has fallen by KES 3,581,325,961.27. This represents a significant decrease of 17.24% in trading activity.

Was this helpful?

195
26
Giuseppe Giuseppe Sun Jun 16 2024
The decrease in trading volume could be attributed to various factors, including market sentiment, investor behavior, and broader economic conditions. It is important to note that such fluctuations are common in the volatile world of cryptocurrencies.

Was this helpful?

318
79
GeishaCharm GeishaCharm Sun Jun 16 2024
Despite the recent decline, Ethena remains a popular choice among cryptocurrency investors and traders. Its unique features and potential for growth continue to attract interest from the market.

Was this helpful?

178
87
Gianluca Gianluca Sun Jun 16 2024
BTCC, a leading cryptocurrency exchange based in the UK, offers a range of services that cater to the needs of Ethena traders. These include spot trading, futures trading, and wallet services, providing a comprehensive platform for managing and trading digital assets.

Was this helpful?

143
88

Related questions

  1. How many Ena coins are there?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts