In this article, we look at the latest news of the Thena, Fantom, and Helium projects, and then move on to the chart analysis of the respective cryptos.
In the last month, altcoins have returned to the spotlight, recording price performances greater than the benchmark Bitcoin.
Coins like THE, FTM, and HNT deserve to be at least analyzed, in view of the potential they could express from now on.
All the details below.
The latest news of the crypto projects Fantom, Helium, and Thena
Let’s start with the most interesting news that the crypto world has to offer.
Regarding the Fantom project, recently rebranded as Sonic, we report the launch of an airdrop campaign valued at 200 million dollars.
With the transition to the new identity, Fantom has decided to launch an initiative that can attract a new flow of users.
In total, the team of the well-known L1 blockchain has allocated a sum of 200 million FTM tokens (approximately $200 million), which will be distributed entirely to its community.
To participate in the airdrop, simply go to Sonic Arcade, enter an invitation code (you can use “3tze3r”) and accumulate game points.
To remember how also soon Fantom will carry out a migration of its own gas token FTM, which will become S, with an exchange ratio of 1:1.
The $S airdrop is currently ~$200 million. pic.twitter.com/OnlZ8s7PSJ
— Sonic Labs (prev. Fantom) (@0xSonicLabs) November 24, 2024
Speaking instead of Helium, we report two pieces of news that mark the increase in notoriety for the project of decentralized physical infrastructures (DePIN).
A few days ago, the project became the official partner of the American football team the “USC Trojans,” which represents the University of Southern California.
In addition, just a few hours ago, the case study “Helium Mobile” was officially included within the prestigious Harvard University.
Moving in this direction, Helium creates greater opportunities for brand visibility, attracting new potential users and investors.
DePIN hits Harvard
The @helium_mobile case has been accepted by @HarvardHBS and will officially be taught in the strategy curriculum!
Huge thanks to @MoneroMahesh for his great work for the DePIN community!
Read the full Case Study: https://t.co/t6CmSj6NlP pic.twitter.com/sNxqv0oKPv
— Helium (@helium) November 26, 2024
Binance announces listing for Thena: THE soars in the market
Remaining on the concept of visibility, we cannot fail to mention the listing of the crypto Thena (THE) within the Binance platform.
The well-known crypto exchange has added to the “Hodler Airdrops” section, the decentralized trading project of the BNB chain ecosystem.
Simultaneously, the crypto THE has been added to the spot markets section.
In this way, Binance users (holders of BNB) will be able to receive an incentive by obtaining a share of the token THE as part of the distribution process.
On the other hand, Thena gains a great advantage by entering the world’s largest and most liquid crypto exchange.
For the projects that benefit from it, the listing on Binance is a very positive event that usually triggers a flow of new activity.
Introducing Thena $THE on #Binance HODLer Airdrops!
Read more https://t.co/TG6Gox0rMf pic.twitter.com/ElKNNLCvmz
— Binance (@binance) November 26, 2024
On Thena, the so-called “Binance effect” was immediately seen, with the coin THE that yesterday grew by the monstrous figure of 550%.
The announcement was so bull that it brought the prices of the crypto asset from 0.20 dollars to the current 1.4 dollars.
The project remains relatively small, with a market capitalization of 76 million dollars.
Attention to the price action immediately after the entry into the Binance exchanges: initially there might be a retracement phase but afterwards the expectations are bullish!
What will be the next tokens to be listed on Binance?
Observing the excellent performance recorded by the crypto Thena (THE) thanks to the listing, we wonder which will be the next coins to cross the threshold of Binance.
Generally, if the project that is listed on the exchange is small in size, the positive effect of the news is amplified.
Just look at what happened after Binance recently added ACT and PNUT, two memecoin from the Solana ecosystem.
In just a few hours, the coins literally exploded upwards, marking multipliers of 32X and 27X respectively.
In an instant, they went from unknown memes to trending projects of the moment, enormously expanding their community.
Memecoins listed on binance are set to 10x-100x
Yesterday it happened with $ACT – 32x, $PNUT – 27x
You have 48H before it repeat with another meme
Here's my 10 picks with HIGH listing potencial pic.twitter.com/x5WhCWqnl6
— bee (@0xbeehive) November 14, 2024
It is therefore legitimate to ask what the next Binance listings will be.
After the arrival of Thena, some are trying to guess the next lucky one by betting on the prediction platform Polymarket.
At the moment the favorites seem to be POPCAT; MOODENG and GOAT, with respectively 9%, 10% and 6% chance of success.
They follow with minority shares the crypto MOG, FWOG, BITCOIN, and NEIRO.
Obviously, it is very difficult to guess who will be Binance’s chosen one, but these are the most logical choices judging by the size of the respective communities.
On several occasions, Binance has indeed indicated media attention and popularity on social media as the main criteria for listing, alongside “bull” and “bear” markets.
Everyone Crazy for Altcoins: Great Potential for FTM and HNT
Since the beginning of November, the altcoin sector has experienced a strong bull momentum, which seems to anticipate an upcoming phase of altseason.
In its climb towards 100,000 dollars, Bitcoin has accumulated dominance, reaching the high level of 61.5%. Now the king BTC might be ready to step aside and allow some moments of protagonism to the altcoins.
Fantom and Helium, seem like two cryptos with great potential in such a context. In particular, FTM comes from a devastating bear market that has led to a significant drop in the token’s prices.
In 2024 there was a recovery phase but now the most exciting part is expected: from here to the all-time highs for FTM there is a distance of 230%.
The crypto of the Fantom project could become super bullish if it breaks the resistance of 1.2 dollars, annual local top.
We expect a very positive bullish phase from here until the end of the bull run, with price targets above 5 dollars.
The outlook for Helium (HNT) is also broadly positive.
The crypto HNT has been a victim of a red candle massacre throughout the 2022-2023 biennium but is now ready to restart.
The growing interest of the RWA and DePIN world could act as a booster for the increase in speculations on the project’s token.
From the highs, HNT is 520% away, a challenging but not impossible target to reach.
The first target to break to kick off the bull market is the psychological one of 10 dollars: from there, a very positive leg up could start.