Theta Network (THETA) Market Capitalization Reaches $297.69 Million

Theta Network (THETA) traded 0.7% lower against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on December 19th. Over the last seven days, Theta Network has traded 12.6% lower against the U.S. dollar. Theta Network has a market cap of $297.69 million and $17.30 million worth of Theta Network was traded on exchanges in the last 24 hours. One Theta Network coin can currently be bought for about $0.30 or 0.00000337 BTC on exchanges.

Here’s how other cryptocurrencies have performed over 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $87,919.79 or 0.99548094 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% higher against the dollar and now trades at $87,912.07 or 0.99590449 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 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. 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 (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.”

Buying and Selling Theta Network

It is usually not 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Theta Network using one of the aforementioned exchanges.

THETA/USD price chart by TradingView