Theta Network Reaches Market Capitalization of $1.70 Billion (THETA)

Theta Network (THETA) traded up 0.9% against the U.S. dollar during the 1 day period ending at 10:00 AM Eastern on June 16th. One Theta Network coin can currently be purchased for approximately $1.70 or 0.00002550 BTC on exchanges. Theta Network has a total market capitalization of $1.70 billion and $14.81 million worth of Theta Network was traded on exchanges in the last day. During the last week, Theta Network has traded 13% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1% higher against the dollar and now trades at $0.23 or 0.00000344 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 up 0% against the dollar and now trades at $0.0103 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 Reddit community for Theta Network is https://reddit.com/r/theta_network and the currency’s Github account can be viewed here. The official website for Theta Network is www.thetatoken.org.

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 buy alternative cryptocurrencies such as Theta Network directly using US dollars. Investors seeking to acquire Theta Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Theta Network using one of the aforementioned exchanges.

THETA/USD price chart by TradingView