Thena Price Skyrockets 327% on Binance Announcement
The price of Thena (THE) experienced a dramatic surge, climbing 327% in the past 24 hours. As of 7:17 a.m. EST, THE is trading at $0.9285, fueled by investor interest following Binance's announcement that it will list the token on its platform.
Thena Breaks Technical Barriers
The Thena price has broken through multiple resistance levels, reaching an intraday peak of $1.3280. Although it has since pulled back slightly, THE is attempting to challenge the resistance level at $0.9506.
If THE can close above this level today, it could provide the necessary foundation for further price increases. However, a close below $0.9506 could trigger profit-taking and send the price back towards the support level at $0.6484.
Bullish Technical Indicators
Technical indicators on THE's daily chart suggest a continuation of the bullish trend. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are providing bullish signals.
The MACD line has crossed above the MACD Signal line, indicating a positive shift in momentum. Additionally, the RSI is currently at 94, suggesting strong buyer sentiment.
Pepe Unchained Attracts Interest
As the Thena price consolidates above $0.9506, investors are switching their attention to layer-2 meme coin Pepe Unchained (PEPU). Speculation is growing that PEPU could be the next coin to be listed on Binance.
Pepe Unchained Features
Pepe Unchained aims to establish a new layer-2 blockchain network for the Pepe meme. This will provide faster and cheaper transactions than the current Ethereum-based version.
The project is also launching a developer grant program and a meme coin launchpad, further enhancing its ecosystem and appeal to investors.
Whales Accumulating PEPU
Major investors, known as whales, have recently been accumulating PEPU in anticipation of a potential listing on Binance or Coinbase. This has led to a surge in the price of PEPU during its ongoing ICO.
Investment Opportunity
With the launch of Pepe Unchained scheduled for December 13th, 2024, investors have only a limited time left to acquire PEPU before its market debut. The token can be purchased via the project's website using ETH, USDT, BNB, or bank card.