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

Theta Network (THETA) traded 1.1% higher against the dollar during the 24-hour period ending at 12:00 PM ET on May 12th. One Theta Network coin can currently be purchased for approximately $0.24 or 0.00000300 BTC on cryptocurrency exchanges. Theta Network has a total market capitalization of $241.05 million and $8.10 million worth of Theta Network was traded on exchanges in the last 24 hours. During the last seven days, Theta Network has traded 13.3% higher against the dollar.

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

• 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 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 up 0.9% 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 Coin Profile

Theta Network’s launch date was 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. The official website for Theta Network 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 (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 possible to buy alternative cryptocurrencies such as Theta Network directly using U.S. dollars. Investors seeking to trade Theta Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Theta Network using one of the aforementioned exchanges.

THETA/USD price chart by TradingView