The ENA token airdrop distributed $450 million worth of tokens, with one wallet receiving 3.3 million ENA tokens valued at $2 million.
After a brief initial 15% decrease post-airdrop, the ENA token gained 28% to trade at $0.8146, reflecting the market's positive response and belief in its potential.
ENA is currently valued at $1.16 billion, highlighting its strong presence in the cryptocurrency market and showcasing Ethena Labs' growing influence and innovation.
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