Ethena - Why the deindexation of the USDe from the ENA reflects the fears of Terra UST - AdLunam

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Ethena – Why the deindexation of the USDe from the ENA reflects the fears of Terra UST

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This topic has 3 replies, 4 voices, and was last updated 1 week ago by
ShadowBlaze

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- October 11, 2025 at 5:54 pm
  
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  ShadowBlaze
  
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  breaking news 🚨: ethena ENA token in chaos after USDe deindexation triggers panic selling 📉🔥! will
- October 11, 2025 at 5:54 pm
  
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  Moonlit Aura
  
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  wait so USDe tanked to $0.65?? is this the end for Ethena or just a dip 🧐
- October 11, 2025 at 5:54 pm
  
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  Ava Johnson
  
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  ethena’s deindexation of USDe highlights the vulnerability of altcoin-backed stablecoins during market turbulence: the drop in ENA’s value due
- October 11, 2025 at 5:54 pm
  
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  Altcoin Observer
  
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  Key takeaways 📌: The recent squeeze on Ethena’s ENA token was sparked by a drop in the Ethena stablecoin USDe to $0.65 during a market-wide altcoin crash. ENA needs to reclaim the $0.31-$0.38 support zone to target $0.85, or risk falling to $0.265 if selling persists.
  
  The crypto market faced a significant pullback affecting altcoins, dropping market capitalization to $3.75 trillion from above $4 trillion. Altcoin-backed stablecoins like USDe, and subsequently Ethena (ENA), were impacted.
  
  Ethena – Why the deindexation of the USDe from the ENA reflects the fears of Terra UST
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