Theta Fuel (TFUEL) Market Capitalization Achieves $588.23 Million

Theta Fuel (TFUEL) traded up 2.4% against the US dollar during the 24-hour period ending at 18:00 PM E.T. on June 9th. Theta Fuel has a total market capitalization of $588.23 million and approximately $3.61 million worth of Theta Fuel was traded on exchanges in the last day. One Theta Fuel coin can now be bought for $0.0895 or 0.00000128 BTC on major cryptocurrency exchanges. Over the last week, Theta Fuel has traded 6.2% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 2.2% against the dollar and now trades at $32.88 or 0.00047223 BTC.
• NEAR Protocol (NEAR) traded 0.8% higher against the dollar and now trades at $6.60 or 0.00009477 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $11.03 or 0.00015842 BTC.
• Hedera (HBAR) traded 1.6% higher against the dollar and now trades at $0.0913 or 0.00000131 BTC.
• Cosmos (ATOM) traded up 1.9% against the dollar and now trades at $7.88 or 0.00011322 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.11 or 0.00000159 BTC.
• Fetch.ai (FET) traded 0.3% higher against the dollar and now trades at $1.74 or 0.00002502 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.17 or 0.00000244 BTC.
• Akash Network (AKT) traded 1.9% higher against the dollar and now trades at $4.18 or 0.00005999 BTC.
• Kava (KAVA) traded up 0.7% against the dollar and now trades at $0.64 or 0.00000926 BTC.

Theta Fuel Profile

TFUEL uses the hashing algorithm. Its launch date was March 15th, 2019. Theta Fuel’s total supply is 6,575,632,207 coins. The official website for Theta Fuel is www.thetatoken.org. The Reddit community for Theta Fuel is https://reddit.com/r/theta_network and the currency’s Github account can be viewed here. Theta Fuel’s official Twitter account is @theta_network and its Facebook page is accessible here. The official message board for Theta Fuel is medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e.

According to CryptoCompare, “Theta Fuel (TFUEL) is a cryptocurrency powering the decentralized Theta Network for video delivery and streaming. Created by Theta Labs, TFUEL incentivizes users to share their resources on the network. It is used as rewards for validators, relayers, viewers, and for transaction fees and content purchases within the Theta Network ecosystem.”

Buying and Selling Theta Fuel

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

TFUEL/USD price chart by TradingView