The post THENA Price Jumped 500% Following Binance Listing Announcement appeared first on Coinpedia Fintech News
THENA has been making waves, with its price going absolutely crazy in the last 24 hours. It shot up 500% after Binance announced its listing, and over two days, it’s up an unbelievable 1300%. The token went from just $0.20 to a peak of $2.89. Now the big question is—can it keep this up, or are we looking at a short-lived rally?
500% Jump in a Day?
When Binance confirmed THENA’s listing, it was like pouring fuel on a fire. Traders jumped in, pushing the price to $2.89 before it cooled off to $2.54—a drop of about 18%. But even at $2.54, it’s way higher than where it started.
And talk about volatility! At one point, the price swung between $0.90 and $1.87, all in a single day. Meanwhile, trading volume exploded to $162 million—up over 1100%! It’s clear there’s massive interest in this token right now.
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Why Binance Changes Everything
Getting listed on Binance is a big deal for any crypto. It’s like being put on the main stage. For THENA, this means more liquidity and way more people trading it. Binance is also adding THENA to Simple Earn on November 27, where users can earn interest by holding it. Starting November 28, you’ll even be able to use Binance Auto-Invest to buy it regularly.
This isn’t just good for the token’s price; it’s great for making THENA easier to access. That’s a win for anyone curious about this coin.
What Makes THENA Stand Out?
THENA plays a key role in DeFi, especially on the BNB Chain. It’s a liquidity layer token, which basically means it helps other projects function better. The rally shows people are starting to notice how important it could be.
What’s Next?
The real question is whether this momentum can last. With Binance backing it and more people able to buy it, THENA could keep climbing. But crypto is always unpredictable, so things could swing either way. For now, it’s a hot topic—and worth keeping an eye on.