$THE

THE achieved a 48-fold increase within 1 day, which is clearly the action of a market maker and not normal market behavior.

From the K-line chart, it can be clearly seen that on November 25, Thena's K-line was nearly vertical, like a real rocket taking off. Its trading volume on the 26th was $264,827, just over two hundred thousand; but by the 27th it skyrocketed to $66,674,535, reaching over sixty-six million, such rapid growth is indeed astonishing.

So what is the purpose?

First, it may be to provide benefits to BNB holders.

Second, Binance might be promoting its own ecosystem development, after all, the BNB chain has been quite active recently.

Third, decentralized exchanges (DEX) are quite profitable, and previously collapsing DEXs have had similar situations.

#the