TPY Hits 90-Day Peak Post HTX Listing: Can the Bullish Wave Last?

Key Insights:

In a recent development in the cryptocurrency world, Thrupenny has emerged as a dominant force in the decentralized finance (DeFi) sector. The company’s native token, TPY, achieved a significant milestone by winning the ninth round of HTX Primevote and securing a much-coveted listing on the HTX Exchange.

Thrupenny’s Landmark Victory

This success marks a pivotal moment for Thrupenny. Amassing an impressive 198,059,874 votes, TPY outstripped its nearest competitor by a substantial margin. The result not only highlights Thrupenny’s strong market presence but also signals the broad support and enthusiasm from the crypto community for its innovative DeFi solutions.

Alvis Leong, CEO of Thrupenny, emphasized the significance of this achievement. “This dual victory in HTX Primevote and the subsequent listing on HTX Exchange is a pivotal moment for us,” he said. “It demonstrates our unwavering dedication to revolutionizing the DeFi landscape and making it accessible to a broader audience.”

TPY/USD Price Analysis

​​Since Thrupenny’s (TPY) listing on the HTX Exchange on November 9, positive momentum has prevailed, with the price jumping from a low of $0.636 to a 3-month high of $0.881209 recently. 

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Furthermore, positive momentum won despite negative efforts to lower the price on the previous day, with TPY valued at $0.872971 at press time, reflecting a 9.73% increase from the intra-day low, according to Coinstats.

If the bullish momentum breaks over the $0.881209 barrier, the next target to look for is the $0.900 level, which might draw further buying pressure to push the price even higher. However, if bullish momentum fades and the price fails to break through the $0.881209 resistance, TPY may face a brief slide before finding support at lower levels.

Innovation and Accessibility: Key to Thrupenny’s Success

The company’s triumph can be attributed to its core principles of innovation and accessibility. Thrupenny has been actively developing user-friendly products to facilitate more accessible entry into the DeFi sector. This approach has resonated well within the crypto community, leading to a growing user base and increased total value locked within its ecosystem.

Daniel Leong, co-founder of Thrupenny, shared his excitement over the company’s latest accomplishment. “Our founding principles of innovation and accessibility are at the forefront of what we do,” he remarked. “Seeing our community grow and our products gain traction is incredibly gratifying.”

Thrupenny’s success in HTX’s 9 Primevote and subsequent listing on the HTX Exchange is more than just a win for the company since they represent a significant step forward for the entire DeFi community. Thrupenny’s commitment to enhancing user experience, ensuring security, and driving innovation positions it as a critical player poised to make a lasting impact on the DeFi landscape.

As Thrupenny continues innovating and expanding its offerings, the DeFi community watches keenly. The company’s journey is a testament to its vision and hard work and a beacon of what is possible in the ever-evolving world of decentralized finance.

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• Source: https://zycrypto.com/tpy-hits-90-day-peak-post-htx-listing-can-the-bullish-wave-last/