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TürkçeThena Information
Thena is emerging as a compelling player in the decentralized finance space, offering users innovative solutions for liquidity and trading. Its robust ecosystem aims to enhance the overall user experience by integrating advanced features and promoting seamless transactions. As the cryptocurrency landscape continues to evolve, Thena's unique approach could position it as a significant contender in the ongoing DeFi revolution.
Understanding Thena: A Comprehensive Overview
Thena (symbol: THE) is an emerging cryptocurrency that has garnered attention in the digital asset space due to its unique features and significant price volatility. Launched with the goal of creating a decentralized finance (DeFi) ecosystem, Thena aims to provide users with a user-friendly platform for trading and liquidity provision. In this article, we will explore the advantages and disadvantages of Thena, its historical performance, and its potential future outlook.
The Advantages of Thena
One of the primary benefits of Thena is its impressive market capitalization, currently at approximately $164 million. This positioning suggests a solid foundation and potential for future growth. With a circulating supply of over 55 million THE tokens and a maximum supply capped at 310 million, Thena has a balanced distribution, allowing for both liquidity and scarcity.
The significant price change observed recently—an astounding 197.28% increase within a 24-hour window—illustrates the coin's volatility, making it an attractive option for traders looking for short-term gains. Moreover, Thena's mission to enhance usability in the DeFi sector could compel more users to adopt its platform, providing additional value and liquidity.
The Disadvantages of Thena
Despite its strengths, Thena does have some drawbacks. The cryptocurrency market is notoriously volatile, as evidenced by the coin's price fluctuation—from a low of $0.99 to a high of $4.03 within a single day. Such extreme variability presents risks for investors who may not be prepared for rapid price changes. Furthermore, its all-time high (ATH) of $4.03, achieved shortly after its launch, indicates that it has since experienced a 26.53% decline, which could raise concerns about its long-term stability.
The recency of Thena's launch (with all-time low (ATL) registered at $0.057 in September 2023) also leaves room for skepticism. Investors may question its sustainability as it matures in a competitive landscape populated by established cryptocurrencies.
Historical Performance of Thena
Thena's price history reflects the highs and lows typical of cryptocurrencies. Launched with excitement, it quickly hit its ATH shortly before the end of November 2024. However, this meteoric rise was followed by a relatively significant drop that has led to speculation regarding its resilience in more stable, long-term markets. Notably, the coin hit its ATL just months after its inception, demonstrating the extreme price fluctuations that newer cryptocurrencies can experience.
Future Outlook for Thena
The future for Thena hinges on several factors. Its ability to deliver on its DeFi promises will play a critical role in its sustainability. As the market continues to evolve, those projects that emphasize user experience, security, and community engagement tend to attract investors and users alike. If Thena can capitalize on its current momentum and expand its features, it could secure a place in the increasingly crowded DeFi landscape.
Additionally, ongoing developments in the broader cryptocurrency environment will influence investor sentiment and regulatory guidelines that could either hinder or help Thena's growth trajectory. As such, investors should monitor these trends closely and consider the inherent risks of the volatile crypto market when making investment decisions.
Conclusion
Thena's introduction to the cryptocurrency market is a testament to the ongoing innovation within the DeFi sector. While there are notable advantages, such as its market cap and recent price growth, the potential pitfalls linked to volatility cannot be overlooked. Investors should conduct thorough research and consider both historical trends and future developments when evaluating Thena as a viable addition to their cryptocurrency portfolio.
For more information and to stay updated on Thena, you can visit their official website at thena.fi.
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from price
$2
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General Information |
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Title
Thena
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Symbol
the
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-12-02 23:59
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Price Data |
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Current Price $
2.46
$
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High 24h
2.91
$
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Low 24h
2.4
$
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Price Change 24h
-0.45172458353449
$
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Price Change % 24h
-15.51679
%
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Market Data |
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Market Cap
135819268
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Total Volume
452066253
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Market Cap Change 24h
-24500419.483908
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Market Cap Change % 24h
-15.28223
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
55131121.617503
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Total Supply
234056894.16936
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Max Supply
310000000
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Historical Data |
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All Time High (ATH)
4.03
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ATH Change %
-38.91187
%
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ATH Date
2024-11-27 17:16
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All Time Low (ATL)
0.057204
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ATL Change %
4206.75501
%
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ATL Date
2023-09-02 06:00
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