JAKARTA Crypto THG Thetan Arena has skyrocketed 12 percent in the last 24 hours, according to CoinMarketCap data. The increase occurred at a time when most cryptocurrencies experienced a decline during the bearish market.
One of the causes of the increase in THG is the anniversary celebration of the first Thetan Arena blockchain game on December 9. In addition, Thetan Arena is also the first BNB Chain network to enter the leading NFT trading platform, OpenSea, to coincide with its first birthday.
Thetan Arena has become one of the popular play-to-earn (P2E) games since its launch in 2021. Based on information from Thetan Arena's official website, this game player is 25 million from various countries in the world.
This game allows users to play in a number of modes such as solo, duo, or four players. By fighting against other teams, players who have the NFT hero Thetan Arena will get rewards in the form of in-game coins, namely THC if they win.
Players can convert THC to THG's main coin or send it to wallets to then trade on PancakeSwap's decentralized crypto exchange for money.
Getting to Know a THG Coin
Thetan Gem (THG) is a coin developed by the Thetan Arena team, namely the Wolffunct Game. Khanh Nguyen is the CEO of this gaming company. Besides THG Thetan Arena, it also has a second in-game coin called Thetan Coin or THC. Both coins are built on the BNB Chain network. THG's main coin uses a blue logo, while THC uses a yellow logo.
THG functions as a utility coin on the Thetan Arena platform that can be used to buy Gift Boxes in games containing NFT heroes, skins, and frames. In addition, THG users can also lock (staking) on the platform to get passive income. Not only that, players can also get THG if they participate in tournaments in the game.
Based on Coinbase data, THG's market capitalization currently reaches IDR 109.30 billion. Meanwhile, the trading volume is IDR 16.3 billion in the last 24 hours. The amount of THG circulating in the market is 113.6 billion coins.
According to CoinMarketCap data, THG had penetrated its all-time high price (ATH) at IDR 330,209 per coin. THG coins have a total supply of 420,000,000 THG. These coins have been traded on a number of centralized crypto exchanges (CEX) such as in OKX, MEXC, CoinTiger, CoinW, and BingX.
At the time of writing, THG is trading at Rp959 with an 11 percent increase in the last 24 hours. The price increase was triggered by the celebration of the first Thetan Arena's birthday and the integration of Thetan Arena with the NFT OpenSea trading platform. In the framework of its first anniversary, the developer also launched an NFT collection and its physical form themed Thetan Arena Heroes. The following is THG data:
Name: Thetan Gem Ticketer: THGContract Address: 0x9fd87aefe024141b123c32466cd9db4c578618f (BEP 20) THG circulation: 113,584,954 Supplytotal coins: 42,000,000 THGAudit: VericainsWebsite: Thetarena.comTwitter: @ThetanArena
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