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Thena token grew by a record 4655% per day

12:41 pm, November 28, 2024

Editor’s note: not investment advice!

Thena (THE) cryptocurrency has seen an incredible price jump over the past day, jumping by 4655%. This sharp rise was due to Binance 's announcement that it has added the coin to its listing.

As you know, on November 26, Binance announced its plans, which caused the price of Thena to jump from $ 0.1682 to $ 3.39.

Despite the possibility of a correction, the cryptocurrency continues to show high activity, which indicates significant interest from investors.

Technical indicators signal that the market is overheating:

  • Relative Strength Index (RSI): the indicator has reached 98, which indicates that the market is overheating. This may indicate the likelihood of a temporary price decline.
  • Bollinger Bands: A significant widening of the bands indicates an increase in volatility. Although this indicates a continuation of sharp price fluctuations, there is a risk of a short-term correction.

Thena has been in the spotlight of the cryptocurrency market due to its rapid growth.

Despite the risks of a correction, potential new listings and the development of second-tier technologies could ensure further growth of the coin and strengthen its position in the market.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!

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BTC

$95,089.32

-1.24%

ETH

$3,577.83

-0.90%

BNB

$652.99

2.98%

XRP

$1.48

-0.77%

SOL

$235.28

-1.94%

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