THENA +26.57% to $0.0770 in 24h, outperforming the broader market.
Main reasons:
Volume surged 861% to $49.1M → new capital inflows and very strong speculative trading. High turnover rate.
No specific news. Benefits from capital rotating into small altcoins + strong inflows into Bitcoin ETF (about $1B in the week).
Short-term:
As long as volume holds up, there is still a chance to test $0.085.
Falling below $0.065 with declining volume is likely to weaken.
Keeping volume above $30M is the key factor.
This is an uptrend driven by liquidity and the general market trend, lacking project-specific catalysts. Not investment advice. High risk—only use spare money and always DYOR. $THE