Theta Network Trading 16.3% Lower This Week (THETA)

Theta Network (THETA) traded 1.5% higher against the U.S. dollar during the 1-day period ending at 15:00 PM E.T. on May 2nd. Over the last seven days, Theta Network has traded down 16.3% against the U.S. dollar. One Theta Network coin can now be bought for about $2.03 or 0.00003440 BTC on cryptocurrency exchanges. Theta Network has a market cap of $2.03 billion and approximately $52.78 million worth of Theta Network was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 4.8% against the dollar and now trades at $0.30 or 0.00000508 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.8% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Theta Network

Theta Network launched on November 23rd, 2017. Theta Network’s total supply is 1,000,000,000 coins. Theta Network’s official Twitter account is @theta_network and its Facebook page is accessible here. Theta Network’s official website is www.thetatoken.org. The Reddit community for Theta Network is https://reddit.com/r/theta_network and the currency’s Github account can be viewed 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly 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