THENA Token Surges 500% Following Binance Listing Announcement
THEN (THE) token has gone up 500% in the last 24 hours since Binance announced the listing.
The token is a liquidity layer on BNB Chain and opBNB and has gained a lot of interest from investors. THENA is up from $0.20 to $1.26 and currently at $1.17. The announcement has brought a lot of visibility to the project, THENA’s market cap is at $54M and 24 hour trading volume is $27M.
Binance will list multiple pairs including THE/USDT and THE/BTC so the token will be available to a larger audience. The listing will increase liquidity and adoption for THENA which is a big milestone for the project in the decentralized finance (DeFi) space.
Binance Listing Drives THENA’s Meteoric Rise
The Binance listing on November 26 was the trigger for THENA’s growth. Traders and investors are excited about the token’s future as Binance is known to increase adoption and liquidity for newly listed tokens.
THEN (THE) is moving fast like other tokens that saw big price increase after listing. DEGEN went up 40% after Binance listing. THENA’s market cap is at $54M and price is still very volatile so we are watching closely.
The chart shows a big breakout above $0.75. Resistance levels to watch are $1.17 and $1.49 and support are $0.95 and $0.75.
THENA’s Growing Momentum in the DeFi Ecosystem
As THENA settles in, the Binance listing is a big moment for the project. More global investors will come in with increased visibility and liquidity. THENA is a liquidity solution in the DeFi ecosystem and that’s a big player in the market.
With the listing date near, traders are expecting more demand and THENA will continue to go up as it reaches new highs.
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