Market question: Ethena token FDV less than 5 billion one day after launch?
Category: Crypto
Tags: Crypto, Crypto Prices, All

On March 27 Ethena (ENA) announced the upcoming end of their pre-token "Ethena Shard Campaign" and the upcoming launch of their token (see https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8).

This market will resolve to "Yes" if the Fully Diluted Valuation of Ethena's token $ENA is less than $5,000,000,000 1 day after its first community airdrop. Otherwise, the market will resolve to "No."

"1 day after its first community airdrop" is defined as 24 hours after the first community airdrop starts. The resolution source for this market is the most liquid price source available. If Ethena (NA) doesn't airdrop by December 31, 2024, 11:59 PM ET, this market will resolve to "Yes."

Outcome: No