The Athena Airdrop and USDe Launch: A Game-Changing Event in the Crypto Market

2024-04-02 17:01:35

Executed by Athena Labs on April 2nd During the Athena airdrop, several ENAs worth 450 million dollars were distributed among the eligible wallets. Nearly 2 million dollars of ENA went into the wallet of the biggest bettor. Arkham Intelligence revealed in its X-post that wallet 0xb56 received 3.3 million ENA tokens, worth a total of $1.96 million. Athena Labs he posted regarding it on X, that 5% of the ENA tokens have already been distributed in this way. And that the project members will actively help everyone with any questions they may have.

The Athena airdrop was the big bang of the month

As the airdrop was shot, trading of Athena’s token started on the largest centralized crypto exchanges. So on the exchanges of Binance, Bybit, KuCoin, HTX, MEXC and BitMart. At the time of writing, the token is trading at around $0.70 per token, which is especially positive given that it was trading at just under $0.55 a few hours ago. Its market capitalization is currently around $990 million, making it the 99th largest crypto.

Athena Labs launched its USDe synthetic dollar on the public mainnet on February 19th. On March 8, it became the crypto sector’s most profitable decentralized application (DApp) when it offered investors a 67% annual percentage return (APY). According to the Athena Labs website, Athena USDe currently offers a yield of 35.4% to over 123,000 users and a total committed value of $1.6 billion. USDe’s market capitalization rose 1.9% over the past week and 135% over the past month to $1.58 billion, according to data from DefiLlama. Not so long ago, however, there was a serious alarm regarding ENA. A security company reported that fraudsters won $290,000 worth of BNB on the ENA token. But then it quickly turned out that it was just a copy, not the real ENA token.


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#multimillion #dollar #ENA #airdrop

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