Ethena Labs Prepares for $ENA Token Launch Amidst Valuation Fluctuations, $MKR Revenue at $382.23m

Ethena Labs is preparing for the launch of its token $ENA, with a total supply of 15 billion tokens. The token's value has been fluctuating, with estimates ranging from $4.5 billion to $12 billion. Additionally, $MKR, another token, has an annual revenue run rate of $382.23 million.