Key Takeaways:
- THE (Thena) token explodes in the market following Binance Listing Announcement.
- The coin showcased an unprecedented growth rate of 573.62% in the last 24 hours.
- The market sentiment associated with the THENA token is “bullish” with the Fear & Greed Index indicating “Extreme Greed”.
THENA, the native token of the Thena platform, experienced an exponential growth surge in the past 48 hours. Many investors capitalized on this golden opportunity to profit from the coin’s rapid explosion in the market. Thena is a decentralized platform that was established to improve the liquidity factor on the Binance chain. The main vision that the THENA team aims to fulfill is to make a SuperApp that will allow everyone to access DeFi. In this article, we will look into the coin’s sudden surge, how to buy the token, and also how the coin will fare in the coming months.
THENA Coin Current Market Standing
Based on market capitalization, the coin is ranked #437. However, due to its sudden growth spurt, it has become one of the most sought-after coins in the last 24 hours. The coin commenced its bull run yesterday, 26th November 2024. At that time, the coin was trading at $0.2102. From there, the coin shot straight up in a matter of hours. Now, with a daily uptrend of over 573.62%, the coin is trading at a price of $1.43.
During the current bull run, the coin peaked as high as $1.43, which is its current market value meaning that it will keep on increasing in the coming hours. The coin hasn’t shown any indication of slowing down from the current rally anytime soon. With a total circulation of 76.58M, the coin’s current market value stands tall at $106.64. As the bull run commences in full tow, we may see a further surge in its value in the coming hours.
Binance HODLer Airdrops & THENA Surge
Binance HODLer Airdrops is an initiative undertaken by Binance to boost their community support. In this current one, the BNB holders are provided with token airdrops. How much of the airdrop part you will be getting entirely depends on the historical data associated with your BNB balance. Binance has introduced THENA as its second project on Binance Airdrops Portal. This is the main reason behind the coin’s sudden surge in the market.
The users who staked their BNB on Binance from 2024-11-06 are also eligible for the airdrop distribution. The THENA HODLer Airdrops are scheduled today and will most likely be launched in the coming hours. After that, the coin’s listing on the Binance will commence today, 27 November 2024 at 10:00 UTC.
Where & How to Buy the THENA Token?
The THENA token can be bought from a wide range of decentralized exchanges. Out of them, the most popular one where you can buy and trade the token is THENA FUSION. In THENA FUSION, the widely used cryptocurrency trading pair associated with the coin is THE/BSC-USD. As for how to buy the token, refer to the following steps.
- Step 1: Set up a wallet.
- Step 2: Choose an exchange that supports THE tokens.
- Step 3:Connect your wallet to the exchange.
- Step 4: Fund your account.
- Step 5: Browse for the THENA token in the exchange.
- Step 6: Choose a trading pair of your choice.
- Step 7: Make the payment.
After the successful verification of your transaction, your wallet will be credited with the THENA tokens. Also, it would be better if you conducted thorough research on your chosen exchange to ensure its credibility.
THENA Price Prediction: What to Expect in the Coming Months
Now that saw how the coin is faring in the market, let’s delve deeper into how it will fare in the upcoming future. For this, we have prepared a price prediction table of the coin for the coming days. If you’re considering investing in THENA tokens, kindly refer to the table to gain insights into its future.
Short-Term Price Prediction
| Date | Avg Price | Potential ROI |
|---|---|---|
| 27 Nov, 2024 | $ 1.026973 | 23.79% |
| 28 Nov, 2024 | $ 1.081665 | 19.73% |
| 29 Nov, 2024 | $ 1.1521 | 14.50% |
| 30 Nov, 2024 | $ 1.238127 | 8.12% |
| 1 Dec, 2024 | $ 1.333989 | 1.00% |
THENA 3-Month Price Prediction
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Dec 2024 | $ 3.39 | $ 3.80 | $ 4.25 | 218.37% |
| Jan 2024 | $ 2.54 | $ 3.84 | $ 4.81 | 207.08% |
| Feb 2024 | $ 2.66 | $ 3.21 | $ 4.10 | 186.29% |
Is It a Good Time to Buy THENA Token?
The community sentiment regarding the THENA token is currently indicating a “Bullish” trend. As per various expert opinions and market data, the coin is expected to rise by 225.78% and reach $3.35 by the last quarter of December. Thena has recorded 14/30 days to be trending in green with price volatility of 9.14% in the last 30 days.
The Fear & Greed Index of the coin shows a value of 79, which is a clear indication of “Extreme Greed” in the market. Thus, it is an ideal time to invest in the THENA token. However, it would be better if you conduct your own research about the trends in the market before proceeding with the investment.
The live price of the THENA token for the day is $1.43(at the time of the article’s writing) indicating a rise of 573.62% from the previous day