Thena crypto has slammed to the top of daily gainers after THE price skyrocketed, with holders netting a Thena price gain of +12,000% in just 48 hours – and analysts are tipping this new meme coin as next to pump.
In this article, jump into THE price analysis and unpack the latest Thena crypto trends, and also discover the hottest opportunity in the meme coin market this week.
Thena – a decentralized liquidity layer built on the Binance Smarch Chain and opBNB – exploded following the recent announcement of an upcoming Binance listing for THE – and the news sent a shockwave through the market with THE price exploding+12,000% across 48-hours.
News of the announcement has seen Thena’s market cap balloon substantially to hit $233M.
THE Price Analysis: Is Thena’s Binance Listing Pump Enough to Trigger Breakout?
As Thena crypto continues to press high to the upside, THE is currently trading at a market price of $3.38 (representing a 24-hour increase of +234%).
Thena’s persistent and sustained rally in face of an already face-melting pump comes as a surprise as THE price blasts away from its long-standing range around $0.20.
The continued upside pressure might stem from further listings on Gate.Io and MEXC, especially as a glance at the orderbook reveals bulls remain in control with 53% of transactions over the past 6 hours representing buys.
However, some caution is emerging from widening bollinger bands, which signals a shift away from high-momentum moves, and mirrors growing concern in the RSI – which is now severely overheated at 91.
Both of these indicators imply a need to consolidate or undertake a localized retracement ahead of the next leg, especially as the 20DMA – albeit ascendant – trails down at $1.79 (Suggesting a likely area of support if price action tumbles south).
However, while the price appears to be coming to the end of its high-octane Binance listing rally, better gains could be unlocked in an emerging layer-2 blockchain sent to launch in just over two weeks’ time.
Viral Pepe Unchained Launches New Layer-2 In Just Over 2 Weeks#
Stepping away from immediate gains to longer-term plays, an emerging meme coin layer-2 project is also worth attention after Pepe Unchained’s presale raised over $40M.
2024 has seen the rise of Layer-2 blockchains, and competition has intensified as big players for Shiba Inu’s Shibarium to OXK’s X-Layer battle to capture volumes and emerge as a dominant L2 option.
Hot on the heels of Uniswap’s Unichain, Pepe Unchained seems set to be the latest Layer-2 to explode, with an upcoming IDO in less than 20 days time.
This follows a high-octane presale, which has raised $40M over the past few months amid viral influence in the retail market and strategic positioning by big crypto whales.
But the rewards don’t end there; currently, presale buyers have staked over 180 million $PEPU tokens, enjoying a market-leading staking APY of 84%.
But the Pepe Unchained ecosystem is just getting started. The project has just unveiled Pepe’s Pump Pad, a meme coin launchpad similar to Pump.fun, designed to make Ethereum the epicenter of the meme coin world.
And just like Pump.fun, Pepe’s Pump Pad makes it easy for anyone to create their own meme coin – no coding knowledge required. Users can instantly launch their meme coins with a simple two-click process on their website.
So don’t miss out on this incredible opportunity; the next time you hear about Pepe Unchained, you will probably trade on it (and regret ignoring this news!).
Visit Pepe Unchained Here
The post What Is Happening with Thena? THE Is Up 671% In 7 Days – Is This New Meme Coin Next? appeared first on Cryptonews.
