Theta Network Reaches Market Capitalization of $1.30 Billion (THETA)

Theta Network (THETA) traded 7.7% higher against the dollar during the 24-hour period ending at 22:00 PM ET on October 11th. Theta Network has a market cap of $1.30 billion and $20.32 million worth of Theta Network was traded on exchanges in the last day. One Theta Network coin can now be bought for $1.30 or 0.00002067 BTC on popular exchanges. During the last seven days, Theta Network has traded 0.3% higher against the dollar.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 5.9% against the dollar and now trades at $0.0543 or 0.00000087 BTC.
• P2P Solutions foundation (P2PS) traded up 1.8% against the dollar and now trades at $158.08 or 0.00252233 BTC.

Theta Network Coin Profile

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

Buying and Selling Theta Network

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

THETA/USD price chart by TradingView