PANews reported on November 27 that according to a post by on-chain analyst @ai_9684xtpa, the market value of the second phase of Binance HODLer airdrop project THE exceeded $100 million, and the price of THE soared 550% in 24 hours. According to DefiLlama data, Thena’s TVL is currently $38.25 million, making it the third-ranked DEX on the BSC network (the top two are PancakeSwap and Uniswap, whose tokens have been listed on Binance spot and futures).
Regarding the economics of THE token, the total supply of THE token is currently 206 million, the maximum supply of the token is 326 million, the current circulation is 76.61 million, and the HODLer airdrop amount is 21.75 million (accounting for 7% of the maximum supply of the token).
Regarding THE smart money address, the current TOP1 address of THE has made a floating profit of $1.753 million by building a position at a low point, with a return rate of up to 519%. The address built a position of 1.53 million tokens at an average price of $0.2195 two months ago, with a cost of only $337,000; but despite the positive news of listing on Binance spot, the address has not sold any tokens.