Thena (THE) Gains 1,800% In 24 Hours, Becoming a Superstar on BSC
Key Points:
- Thena (THE) surged 1,800% in 48 hours after the Binance listing announcement.
- The market cap hit nearly $300M, and the trading volume soared over 2,500% to $1.27B.
Thena (THE) skyrockets 1,800% in 48 hours after Binance listing news, reaching $4 with $1.27B volume, marking it as a rising DeFi star on Binance Smart Chain.
The cryptocurrency market has a new star, and its name is Thena (THE). Over the last 24 hours, THE has captured the attention of the entire market, skyrocketing by an astounding 1,800%.
Why Thena (THE) is Up Today
The main catalyst for this explosive growth was the announcement of its listing on Binance, which broke on November 26, 2024. The news sent shockwaves across the market as investors scrambled to buy in anticipation of increased liquidity and broader exposure for the THE token.
Binance then confirmed that the token would be traded with pairs like THE/BTC, THE/BNB, and THE/USDT, and trading will officially start on November 27, 2024, at 10:00 UTC.
The listing on Binance resulted in an exceptional surge in the price of THE, which surged by 1,800% in 48 hours, as per CoinMarketCap data. THE’s market capitalization surged to $300 million, up 500% in a single day. Additionally, trading volume increased by 2,540% to $1.27 billion, indicating strong demand due to this news.
Fast Check
In addition to Binance, THE has been listed on other major exchanges like Gate.io and MEXC.
The Journey from $0.20 to $4.00
THE price action has been nothing short of remarkable. Since hitting a low of $0.20, the token has surged dramatically, reaching a high of $4.00 before stabilizing at around $3.20 at the time of writing.
Launched in early 2023, Thena is a decentralized liquidity layer built on the Binance Smart Chain (BSC) and opBNB, offering innovative solutions for liquidity provision in DeFi ecosystems. Positioned as a next-generation platform, the platform provides liquidity for various blockchain applications while leveraging the efficiency and scalability of the Binance Smart Chain.
The Road Ahead: What’s Next for Thena?
In 2024 Q1-Q2, Thena rolled out several transformative updates, including new branding and UI, THE Smart Wallet, and ARÈNA V1, designed to enhance user experience and functionality. The introduction of THENA V3 and ALPHA V0.X on opBNB expanded the ecosystem with new technologies, while features like Cross-Chain Voting and THE Card with Fiat Off-Ramp aim to bridge the gap between traditional finance and DeFi.
Looking further into 2024 Q3-Q4, the roadmap includes exciting initiatives such as the WARP Launchpad Accelerator, THE Ambassador Program, and THENA VIP, designed to foster community engagement and incentivize participation. Additionally, ALPHA V1, THE Club, and THENA R&D will focus on innovation and exclusive benefits for its user base.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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