Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs. Related Reading: Elrond (EGLD) Will Rally To $80, But this Must First Happen In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance. Across social media, THE Protocol is following the price, with many users speculating on its potential to resurrect the “meme coin movement.” THE Protocol Origins, Why Is This Coin Rallying? The crypto community created this project in response to Vitalik Buterin, the inventor of Ethereum. Buterin joked about launching it to make “shills” more effective. Via Twitter, Vitalik Buterin posted the following message: Someone should make a project called “THE Protocol”, so that their shills can say “Look, soandso mentioned THE!” pretty much any time anyone says anything. — vitalik.eth (@VitalikButerin) October 14, 2022 The Tweet got hundreds of responses. THE Protocol was created after, indirectly supported by Buterin. In a few days, the cryptocurrency was trending in Uniswap (UNI) and other Ethereum-based decentralized exchanges. Quickly, THE Protocol has begun winning support from the crypto community. Users still remember 2021 when Dogecoin (DOGE), Shiba Inu (SHIB), and other meme coins took o...
