THE（THENA）24-hour pump 16.35%

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, THE (THENA) is currently priced at $0.44, with a rise of 16.35% in the last 24 hours, reaching a high of $0.45 and a low of $0.34. The current market capitalization is approximately $477,000, an increase of nearly $67,100 compared to yesterday.

THE（THENA）recent important news:

1️⃣ Overall market sentiment is becoming positive Recently, the cryptocurrency market has shown an overall pump trend. THE (THENA), as a small market capitalization token, is significantly influenced by overall market sentiment. The 16.35% rise within 24 hours reflects an increased risk appetite among investors for small market capitalization tokens.

2️⃣ Potential Value Reassessment THE (THENA) current market capitalization is only $477,000, which is relatively low. Against the backdrop of improving market sentiment, investors may re-evaluate its potential value, driving a quick rise in price in the short term.

3️⃣ Exchange Clearing Comparison Effect Gate recently delisted small market capitalization tokens such as SMH and ETHERPARTY, and conducted buybacks. This move may enhance investor confidence in small market capitalization tokens still listed on the exchange, such as THE (THENA), indirectly driving its price rise.

From a technical perspective, the price of THE (THENA) has continued to rise after breaking through the $0.40 mark, indicating strong upward momentum. However, considering its small market capitalization, the risk of price volatility remains high.

This message is not intended as investment advice, and investors should be aware of market fluctuation risks.