Theta Network Price Tops $0.24 on Major Exchanges (THETA)

Theta Network (THETA) traded 1.1% higher against the U.S. dollar during the 1-day period ending at 12:00 PM Eastern on May 12th. During the last week, Theta Network has traded up 13.3% against the U.S. dollar. One Theta Network coin can currently be purchased for about $0.24 or 0.00000300 BTC on major exchanges. Theta Network has a total market cap of $241.05 million and $8.10 million worth of Theta Network was traded on exchanges in the last day.

Here is how similar 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.
• Solstice eUSX (EUSX) traded up 0% against the dollar and now trades at $1.03 or 0.00001282 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.9% higher against the dollar and now trades at $81,227.89 or 0.99608675 BTC.
• SolvBTC (SOLVBTC) traded down 0.9% against the dollar and now trades at $80,500.59 or 1.00140163 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Theta Network Profile

Theta Network launched 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. The official website for Theta Network is www.thetatoken.org. Theta Network’s official Twitter account is @theta_network and its Facebook page is accessible here.

According to CryptoCompare, “Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch. Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes. Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users. Discord, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Buying and Selling Theta Network

It is usually not presently possible to buy alternative cryptocurrencies such as Theta Network directly using US dollars. Investors seeking to acquire Theta Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Theta Network using one of the exchanges listed above.

THETA/USD price chart by TradingView