Theta Network (THETA) Reaches Market Cap of $1.21 Billion

Theta Network (THETA) traded 11.1% higher against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on November 6th. One Theta Network coin can now be purchased for $1.21 or 0.00001596 BTC on popular cryptocurrency exchanges. Theta Network has a market capitalization of $1.21 billion and $40.72 million worth of Theta Network was traded on exchanges in the last 24 hours. Over the last seven days, Theta Network has traded 1.4% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 9.4% against the dollar and now trades at $75,787.02 or 1.00024462 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 7.6% higher against the dollar and now trades at $74,396.17 or 0.98188805 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Theta Network Profile

Theta Network launched on November 23rd, 2017. Theta Network’s total supply is 1,000,000,000 coins. Theta Network’s official Twitter account is @theta_network and its Facebook page is accessible here. The official website for Theta Network is www.thetatoken.org. The Reddit community for Theta Network is https://reddit.com/r/theta_network and the currency’s Github account can be viewed here.

According to CryptoCompare, “Theta Network is a next-generation blockchain infrastructure for media and entertainment industries. It has a dual token system consisting of THETA and TFUEL. THETA is the governance token used for staking and protocol governance, while TFUEL is the operational token used for on-chain operations. The supply of THETA is fixed at 1 billion, while TFUEL’s supply increases annually at a fixed percentage. Theta 3.0 introduced new crypto-economics for TFUEL, including the concept of staking and burning to maximize its utility. Theta Network’s infrastructure enables existing media platforms to reduce costs and generate incremental revenues.”

Theta Network Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Theta Network directly using U.S. dollars. Investors seeking to trade Theta Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Theta Network using one of the exchanges listed above.

THETA/USD price chart by TradingView