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

Theta Network (THETA) traded up 11.1% against the dollar during the 1 day period ending at 17:00 PM ET on November 6th. In the last week, Theta Network has traded up 1.4% against the dollar. One Theta Network coin can now be bought for $1.21 or 0.00001596 BTC on exchanges. Theta Network has a market capitalization of $1.21 billion and approximately $40.72 million worth of Theta Network was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in 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 1.2% higher 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 9.4% higher 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Theta Network Coin Profile

Theta Network’s launch date was November 23rd, 2017. Theta Network’s total supply is 1,000,000,000 coins. 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. 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 currently possible to purchase alternative cryptocurrencies such as Theta Network directly using U.S. dollars. Investors seeking to trade Theta Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Theta Network using one of the exchanges listed above.

THETA/USD price chart by TradingView