THE Token Surges 28.78% After THENA Protocol Updates Ignite Trading Volume and Market Interest
The recent 28.78% increase in THEUSDT's price over the past 24 hours, with the current price at $0.4058 on Binance, is primarily attributed to protocol updates for THENA (THE) that have driven heightened trading activity and volatility. Social media and trading community analysis indicate these updates have sparked renewed interest, leading to both bullish and cautious trading sentiment. Despite some technical resistance levels and mixed outlooks, the asset has experienced significant upward momentum, reflected in high trading volumes—124.26 million THE (47.42 million USDT) on Binance—and notable price gains across multiple exchanges. The circulating supply is approximately 106.9 million THE, with a reported market capitalization ranging from $28.32 million to $33.22 million.
PENGU Token Jumps 16% Amid 270M Transfer, ETF Speculation, and Pudgy Penguins Partnerships
In the past 24 hours, PENGUUSDT has experienced a 16.11% price increase, rising from 0.028323 to 0.032885 on Binance. This surge is primarily attributed to heightened market activity following the transfer of 270 million PENGU tokens by the deployer to major centralized exchanges, as well as continued speculation around a potential Canary PENGU ETF filing and recent branding partnerships linked to the Pudgy Penguins NFT project. The asset has also seen elevated trading volumes, with reports of up to 7.53 billion PENGU traded in a day and a market capitalization estimated between $1.44 billion and $1.94 billion. Overall, PENGUUSDT remains volatile and actively traded, with its price currently consolidating near recent highs.
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⚠️ Important - The Inflation Rule... 🇺🇸
• If inflation rises, it is positive for the dollar (rise) and negative for gold, stocks, and oil (fall).
• If inflation declines or remains unchanged, it is negative for the dollar (fall) and positive for gold, stocks, and oil (rise).
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June CEX Data Report: The top three performers by change rate were HTX (-15%), Kraken (-16%), and Binance (-22%). The bottom three were Mexc (-44%), KuCoin (-42%), and Upbit (-39%). The top three performers by change rate were Mexc (+26%), Gate (-4%), and HTX (-9%). The bottom three were Cryptocom (-26%), Binance (-20%), and OKX (-20%). Read more