Theta Network (THETA) Trading Down 21.6% Over Last Week

Theta Network (THETA) traded down 5.7% against the U.S. dollar during the one day period ending at 20:00 PM Eastern on August 4th. One Theta Network coin can currently be purchased for approximately $1.14 or 0.00001971 BTC on popular cryptocurrency exchanges. During the last week, Theta Network has traded 21.6% lower against the U.S. dollar. Theta Network has a market capitalization of $1.14 billion and $25.30 million worth of Theta Network was traded on exchanges in the last day.

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

• 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.6% higher against the dollar and now trades at $0.0123 or 0.00000021 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 5% lower against the dollar and now trades at $0.0770 or 0.00000132 BTC.

Theta Network Profile

Theta Network’s launch date was 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. Theta Network’s official website 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 presently 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Theta Network using one of the aforementioned exchanges.

THETA/USD price chart by TradingView