Theta Network's token enters top-10 cryptos by market capitalization
The Theta Network’s native token continues to hit new all-time highs. THETA, the native token of the Theta Network — a decentralized blockchain-based video delivery network — has entered the top 10 cryptocurrencies by market capitalization.On March 23, THETA overtook Chainlink (LINK) as the 10th biggest cryptocurrency by market capitalization at nearly $11.5 billion, according to data from CoinGecko. At publishing time, LINK’s market cap amounts to $11.2 billion.Source: CoinGeckoTHETA has seen propelled growth recently, gaining 70% over the past seven days and hitting new historical highs.....
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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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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....
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....
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:....
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....