Ethena, a prominent altcoin project, has officially announced the launch of the second season of its ENA AirDrop, with activities planned for the beginning of October. This information was shared by the Ethena team via their official Discord channel, as reported by BlockBeats. Users eager to participate will soon have access to detailed information about the AirDrop, including instructions on how to verify their eligibility and potential ENA coin rewards on the official Ethena website.
How Did Ethena Conclude Its AirDrop?
Ethena Labs declared that the second season of their AirDrop event concluded on September 2. Throughout this period, 5% of the total ENA coin supply was allocated as rewards to participating users. Beginning in the first week of October, users will have the opportunity to claim their ENA coins through a newly launched AirDrop interface available on the official website.
What Steps Should Participants Take to Check ENA Amounts?
Participants can determine the amount of ENA coins they have earned by visiting Ethena’s official website. Starting from September 30, eligible users will be able to initiate the process of claiming their ENA coins. This AirDrop event has sparked considerable interest within the cryptocurrency community, leading many to eagerly anticipate further announcements.
The first week of October is expected to be a crucial time for the Ethena community. It is during this period that users will begin to claim their ENA coins and anticipate more announcements related to the ongoing AirDrop.
Current market data from CoinMarketCap indicates a positive trend for ENA coin, despite recent pullbacks in major cryptocurrencies such as Bitcoin and Ethereum. The altcoin saw a 10.76% increase over the last 24 hours, trading at $0.4014. However, it remains significantly below its all-time high of $1.52, recorded on April 11, 2024.
Ethena’s recent announcements and the upward trend of ENA coin highlight the community’s enthusiasm and its potential for growth. The provision of 5% of ENA’s total supply indicates a commitment to rewarding participants, while the launch of the AirDrop interface signifies a user-friendly approach to engagement. The ongoing interest in Ethena and its developments could further influence the altcoin’s market performance in the coming weeks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/ethena-altcoin-distributes-ena-through-airdrop