Thena, Fantom, Helium: the latest news of the crypto projects and the chart analysis of the respective tokens

In this article, we look at the latest news of the Thena, Fantom, and Helium projects, and then move on to the chart analysis of the respective cryptos.

The latest news from the crypto world sees Fantom, Helium, and Thena taking center stage.

After recently rebranding as Sonic, Fantom has announced an airdrop campaign worth 200 million dollars. To participate, visit Sonic Arcade, enter an invitation code (“3tze3r”), and accumulate game points. Notably, Fantom will also be migrating its gas token FTM to S, with an exchange ratio of 1:1.

Meanwhile, Helium has partnered with the American football team the “USC Trojans,” representing the University of Southern California. Furthermore, a case study on “Helium Mobile” has been included in the curriculum at Harvard University.

Binance has announced the listing of Thena (THE) on its platform. The crypto exchange has added the decentralized trading project of the BNB chain ecosystem to the “Hodler Airdrops” section and spot markets.

As a result, Binance users (holders of BNB) will be able to receive an incentive by obtaining a share of THE tokens as part of the distribution process. This news led to a massive surge in THE coin, which skyrocketed by 550% yesterday.

Initially, the coin was trading at 0.20 dollars, and after the announcement, its price shot up to 1.4 dollars. Notably, the project remains relatively small, with a market capitalization of 76 million dollars.

After Thena’s listing on Binance, speculations are rife regarding which coins will be crossing the threshold of the exchange next.

When a smaller project is listed on the exchange, the positive effect of the news is usually amplified. For instance, Binance recently added ACT and PNUT, two memecoins from the Solana ecosystem.

Within a few hours, the coins exploded upwards, marking multipliers of 32X and 27X, respectively.

Finally, altcoins have been performing exceptionally well since the beginning of November, outpacing the benchmark Bitcoin.

In its climb towards 100,000 dollars, Bitcoin has attained high levels of dominance, reaching 61.5%. However, the king BTC might be ready to step aside and allow some moments of protagonism to the altcoins.

In such a context, Fantom (FTM) and Helium (HNT) seem like two cryptos with great potential. Notably, FTM has experienced a devastating bear market, leading to a significant drop in the token’s prices.

However, in 2024 there was a recovery phase, and now the most exciting part is expected: from here to the all-time highs for FTM, there is a distance of 230%.

The crypto of the Fantom project could become super bullish if it breaks the resistance of 1.2 dollars, the annual local top.

From here to the end of the bull run, we expect a very positive bullish phase, with price targets above 5 dollars.

The outlook for Helium (HNT) is also broadly positive.

The crypto HNT has been a victim of a red candle massacre throughout the 2022-2023 biennium but is now ready to restart.

The growing interest of the RWA and DePIN world could act as a booster for the increase in speculations on the project’s token.

From the highs, HNT is 520% away, a challenging but not impossible target to reach.

The first target to break to kick off the bull market is the psychological one of 10 dollars: from there, a very positive leg up could start.