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![doomsdart Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1413352408537763847.png) Bera [@doomsdart](/creator/twitter/doomsdart) on x 29K followers
Created: 2025-07-27 10:25:29 UTC

The scale at which a largecap can grow further depends on X things

- the narrative it covers
- the route it takes (fundamentals) 
- the team

$ENA is a largecap that many people remain largely bullish at and some of you think the marketcap and fdv are too high, yes the mcap and fdv is enormously high but you've to see how big is the narrative here.

- Stablecoins
> Study Circle for this. The new Genius act. The growing demand for stablecoins. Regulatory environment keeps getting better every single day. 

- Fundamentals
> Many stablecoin projects came and failed over last few years. $Ena is by far the strongest coin in this narrative with the best fundamentals and the route it takes.

- Team
> Ethena team is rock solid imo.

Current $ENA fdv is 9B. Just circulating mcap of Circle is a 7x for ENA from here.

Take your bet accordingly.

Nfa, dyor.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949415842300739725/c:line.svg)

**Related Topics**
[ena](/topic/ena)
[stablecoins](/topic/stablecoins)
[mcap](/topic/mcap)
[marketcap](/topic/marketcap)
[the new](/topic/the-new)
[bera](/topic/bera)
[$ena](/topic/$ena)
[coins defi](/topic/coins-defi)

[Post Link](https://x.com/doomsdart/status/1949415842300739725)