THE is an innovative decentralized exchange (DEX) and liquidity layer built on the BNB chain, aimed at revolutionizing the DeFi ecosystem. By providing a permissionless, user-friendly platform, THENA enables seamless token swaps, yield farming, and liquidity provision for various assets.
With a circulation of 76.58 million and a circulating market cap of 138 million, it is considered undervalued based on its market cap. The contract went live last night at 8:15 PM!
With only 600,000 in funding, this project has been on the primary market for nearly a year without much hype. This sudden rise surely indicates that a big player is behind the scenes pushing it.
THE has already launched its contract; in fact, the safest position is around 2. I didn’t expect there to be no opportunity. Let’s see if the contract can bring it down; if not, we might as well wait and see!
Alternatively, we can wait for a drop to enter tomorrow. New coins typically show strength in the first three days after launch, then gradually pull back and consolidate.