BlockBeats News, on November 27, according to Lookonchain data, a SmartMoney trader invested 698 BNB on-chain to purchase 416,000 THE tokens just 30 minutes after Binance announced the launch of THE token. Currently, the market value of this position has reached 1 million USD, with unrealized profits amounting to 596,000 USD, an increase of 143%. This move demonstrates the market's strong interest in newly launched tokens and their potential profitability, further boosting investors' confidence in the crypto market.