Theta Network Market Capitalization Tops $1.21 Billion (THETA)

Theta Network (THETA) traded up 4.6% against the US dollar during the 24-hour period ending at 11:00 AM ET on October 29th. Over the last week, Theta Network has traded 6.8% lower against the US dollar. Theta Network has a total market capitalization of $1.21 billion and approximately $22.72 million worth of Theta Network was traded on exchanges in the last 24 hours. One Theta Network coin can now be purchased for about $1.21 or 0.00001689 BTC on exchanges.

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 down 2.2% 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.9% against the dollar and now trades at $71,401.23 or 0.99302306 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.8% higher against the dollar and now trades at $71,206.70 or 0.99031765 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Theta Network

Theta Network was first traded on 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 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, GDAX or Gemini. 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