Analysis of $THE Token
Of course, it’s exciting to see $BTC rise to $104, but the crypto market isn’t just focused on BTC and other top tokens.
Recently, Binance listed a new token, THE, and even did an airdrop. It’s a good entry on the exchange.
So, what is THE? The initial price was $0.18, then it grew with some usual price fluctuations. Right now, the token is trading at $2.46. It’s in the small market cap category, so it’s considered a high-risk token. Currently, 70% of the tokens are unlocked, and about 30% are still locked.
Of course, THE has high volatility. Traders are hoping for a rise, but there’s no solid info to confirm that yet. To me, it feels like a dark horse without strong support. Keep an eye on its behavior.
Always DYOR before trading!