$THE The announcement of the Thena (THE) coin distribution on Binance triggered an immediate rise in another token on a different exchange. This refers to the token The Protocol (THEPROTOCOL), which increased by 900% on the cryptocurrency exchange MEXC (ranked 13th by trading volume), from $0.0002961 to $0.003.

The fact is that the token The Protocol had the ticker THE on the MEXC platform — the same as the Thena coin, which had not yet been trading on this exchange at that time.