Not just another gas token — Theta’s TFUEL surges 775% in 5 weeks
Theta Fuel price has been on a triple-digit rally since the beginning of February, a signal that the gas token will play an integral role in the rapidly expanding Theta ecosystem. The Theta project has been making waves alongside many other altcoins that are riding this year's bullish wave to new all-time highs. While the main token of the Theta network has been receiving a majority of the attention, the ‘gas’ token of the protocol, TFUEL, has quietly been surging alongside THETA as its importance to the network becomes apparent to savvy crypto investors. TFUEL/USDT 4-hour chart. Source:....
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Theta lost a quarter of its value in a flash dip following the delay of its mainnet launch. After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next month. On March 24, the Theta team announced that it was delaying the mainnet launch until the end of June. By early Thursday morning, Theta had lost a quarter of its....
Theta price gained 180% in merely two weeks as several highly-anticipated announcements were behind the rally. The Theta Network is a protocol that enables users to watch digital content, like esports, using the blockchain. The protocol’s native token THETA rose by 180% from $0.867 to $1.92 within two weeks between Dec. 20 and Jan. 2 to outperform even Bitcoin (BTC), which continues to soar to new price discovery highs.THETA/USDT 1-day candle chart (Binance). Source: TradingView.comTheta Mainnet 3.0 roadmap was the main catalystTypically, the native tokens of blockchain protocols tend to....
American content distribution company Cinedigm now uses Theta’s TFUEL cryptocurrency as a reward for sharing and watching content. Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels.The company has partnered with decentralized video delivery network Theta Labs to integrate Theta's peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies.CONtv Anime will feature micropayments in Theta Fuel (TFUEL), one of the two native tokens on the Theta....
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....
Following the delay of Theta’s Mainnet 3.0 launch, the token dipped by 25%, but what drives the lively price action of Theta? There’s no denying the fact that Theta is one of the most discussed cryptocurrency projects on the market in 2021, so much so that the Theta token has already made its way into the top 10 list of cryptocurrencies by overall market capitalization, in what feels like almost no time at all.In its most basic sense, Theta can be thought of as a decentralized video streaming platform that has been built using a blockchain framework. The platform seeks to mitigate many of....