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ENSUSDT trade ideas

ENS/USD to $110 (HODL)(COINBASE LISTING)YOU CAN NOW TRADE ENS ON COINBASE Support: $42.50-$40.00/ $36.00-$34.00/ $30.00 / $20.00 Resistance: $50.00-$48.50/$58.00/$65.00/ $75.00/$86.00/$96.00/ $110.00 Ethereum Name Service, a protocol that issues non-fungible tokens (NFT) that can represent Ethereum addresses as well as web domains, launched an airdrop portal for its newly issued ENS token. Airdrops are a token distribution method that awards a portion of circulating tokens to Ethereum addresses that fulfill certain parameters, such as having purchased an NFT. ENS NFT holders are currently eligible to claim tokens, with many users reporting allocations worth upwards of $20,000, and the project’s circulating market cap currently sits above $500 million. Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token. The resulting airdrop translated to an instant five-figure payday for many holders and there are those who would have registered multiple ENS addresses to multiple wallets, meaning some holders are in possession of a six-figure airdrop. It had been widely expected that an airdrop was in the works for members of the ENS community, especially because the tactic has become more common throughout 2021 The claims process for ENS tokens began at 7 pm on Monday, Nov. 8, and qualified domain holders have until May 4, 2022 to claim their allotted tokens. The number of tokens each qualified user receives is based on a calculation that takes into account how long an address has held a domain as well as the length of the domain registration, with a cut-off of eight years. Lower level tiers have received an average of 200 ENS tokens, while the mid-level tier has received 500 ENS and the most active participants have earned 1,000 ENS. Claiming tokens also requires active participation from the domain holder, who has to vote on four articles of the ENS governance constitution designed to get the new decentralized autonomous organization off to a solid start. Users must also delegate their token voting power before getting access to their tokens and Coinbase has emerged as one of the top delegates in early voting
Long
by MavRich_Trading
ENSUSDT looking niceENS, the Etheruem naming service, aimed at making Etheruem transaction names easier, was recently listed on BINANCE,KUCOIN and other exchanges. This coin when listed shotup to a high of up to 90usd in Binance, but has recently retraced back to a support of 45usd . Price has tested this area for the past days and has not been able to break downward. I think ENSUSDT might move back to arround 60usd and a break and close above 60usd might see ENSUSD rise above 90usd. This might be our new year coin Disclaimer: The above idea is not trading advice it's based on my personal analysis Thanks 👍
Long
by Kante1998
1