Theta Network Hits Market Cap of $1.59 Billion (THETA)

Theta Network (THETA) traded 0.6% lower against the U.S. dollar during the one day period ending at 17:00 PM ET on June 27th. Theta Network has a market cap of $1.59 billion and approximately $18.88 million worth of Theta Network was traded on exchanges in the last 24 hours. One Theta Network coin can now be purchased for approximately $1.59 or 0.00002579 BTC on major exchanges. During the last seven days, Theta Network has traded up 3.5% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 3.1% higher against the dollar and now trades at $0.21 or 0.00000348 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% 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.
• 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 down 0.6% against the dollar and now trades at $0.0112 or 0.00000018 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Theta Network Profile

Theta Network’s genesis date was 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. 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.

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 presently possible to purchase alternative cryptocurrencies such as Theta Network directly using US dollars. Investors seeking to trade Theta Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Theta Network using one of the aforementioned exchanges.

THETA/USD price chart by TradingView