Theta Network Seems To Be Struggling, Will THETA Rebound?
The Theta coin price saw a spectacular rise in the midst of the crypto market rebound. It broke above the $1.1 resistance level, giving the bulls a springboard to extend their bull run. Still, buyers who have been waiting may get another chance to buy as the altcoin gets closer to the $1.2 resistance. However, it appears that THETA has increased too rapidly within a short time. With a 1.60% increase on the day and a seven-day chart representing a downhill trend in previous days, can we see Theta rebound to its previous highs this new month? Related Reading: Shiba Inu (SHIB) Plays Catchup....
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Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs.
Theta Network (THETA)
Theta network (THETA) was one of Friday’s notable gainers, as prices rose by nearly 16% in today’s session.
Friday’s surge saw the token hit an intraday high of $1.65, which comes less than 24 hours after trading at a low of $1.37.
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THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. Theta Network (THETA) THETA was one of the most notable movers during today’s session, as prices gained by nearly 20% earlier in the day. Following a low of $0.9688 to start the week, THETA/USD rose to an intraday peak of $1.22 on Tuesday. Today’s surge saw THETA move away from yesterday’s bottom, which is the lowest level prices have been since December 2020. As of writing, prices are....
Decentralized video streaming service Theta Network will host a three-month-long hackathon starting next week to develop innovations on the platform. “Join us in building products, integrations and tools for the Theta ecosystem to decentralize video infrastructure worldwide!” The Theta Network requests that programmers submit apps, SDKs, or protocols to improve its use case, functionality, and […]
THETA and TFUEL rallied more than 50% as investors anticipate the upcoming Mainnet 3.0 launch. Major protocol upgrades can play a significant role in altcoin rallies regardless of the state of the wider cryptocurrency market because new features excite token holders and help to attract new investors. One ecosystem that has been heating up over the past two weeks is the Theta protocol. The project's THETA token rallied 50% and Theta Fuel (TFUEL) gained 71% ahead of the network's upcoming Mainnet 3.0 launch scheduled for June 30.THETA/USDT vs. TFUEL/USDT. Source: TradingViewToward the end of....
Blockchain-based video streaming network Theta now has its own decentralized exchange. Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday.ThetaSwap v1 users will reportedly be able to swap Theta-based TNT-20 tokens in much the same way as is the case for automated market maker services like Uniswap and SushiSwap for ERC-20 tokens on the Ethereum chain.With the launch of ThetaSwap v1, the project says it is hopeful that users will become incentivized to interact with the TNT-20 token standard.Apart from....