Exploring Ethena: Fastest Growing Stablecoin in History & Highest Revenue Token w/ Guy Young
Stacks
English - April 05, 2024 16:03 - 40 minutes - 93.6 MB - ★★★★★ - 36 ratingsInvesting Business investing bitcoin crypto cryptocurrency trading Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Guy Young, the founder of Ethena Labs: which you can think of as a crypto-dollar system. In the first week it has already achieved 100k+ users and billions in market value. As one of the most anticipated new token launches, Ethena has been discussed nonstop across Twitter with traders split about risks and exciting potential. We discuss the concerns some investors have about the risks of these stablecoin systems creating an eventual market collapse like Terra Luna did last cycle. We also discuss how the trade works, bullish scenarios, what it means for traders, highlight the best questions from crypto twitter, and more.
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