This post was most recently updated on May 26th, 2020
Since the last few days Theta Token is grabbing the attention of everyone as its price hiked by nearly 5x in the last 30 days. Just before two days on 21st May, Theta crossed its all-time high value and reached a new level of $0.325605 USD. Also in the upcoming few days Theta is going to launch their new update i.e. Theta Maineet 2.0 in this update they are going to add two layer consensus mechanism along with guardian nodes.
At the time of writing Theta token is at the 33rd position in the coin market list with a price of $0.320730 USD and a market cap of $227,992,888 USD. As this coin is trending these days so in this article we are going to discuss more about Theta token, along with Theta price prediction.
What is Theta?
Today’s video streaming infrastructure is insufficient and even after advancement in the technologies we are getting very high load time for some videos. So Theta network has brought the solution to this problem. Theta is the very first decentralized video streaming network that was initially built on Ethereum blockchain. But afterward they developed their blockchain technology and moved their platform from Ethereum to their new Theta blockchain.
The main goal of this platform is to not only improve the quality and load time of the streaming network but also reducing delivery costs. On this platform users share their unutilized bandwidth to provide faster video streaming to the nearby users. In return for sharing bandwidth the users get rewards of Theta token and Theta fuel. And these rewards can be used to unlock premium content on their partner network, send donations and gifts to your favorite content creator.
|Market Cap||$228,001,335 USD|
|Total Supply||1,000,000,000 THETA|
|Highest Market Price||$0.039771 USD|
|Lowest Market Price||$0.325605 USD|
|Launch Date||December 2017|
The developing member of Theta is expecting that in the upcoming future this platform should be used by creators of decentralized television apps, music, films, training programs, and corporate conferencing. The founding member of Theta has been a very much experienced in this field of video streaming such as Steve Chen who is the Co-Founder of YouTube, and Justin Kan who is the Co-Founder of Twitch.
What is Theta Maineet 2.0?
The first version of Theta Maineet was launched in March 2019 and in that update they shifted to Theta blockchain from Ethereum blockchain. Now they have brought second crucial update in the Theta blockchain which is going to launch on 27th May 2020 which is also known as THETA MAINEET 2.0. In this update Theta platform is going to introduce guardian nodes which will be revolutionary, two-layer consensus mechanism optimized for video delivery. This update will take the Theta platform to the next level. Theta has officially announced that they have crossed one thousand nodes on the Theta platform and after the launch of Mainnet 2.0 many more will be added.
Theta Price Prediction 2020
At the time of writing Theta token ranked at 33rd position in the coin market cap list and right from the start of this year 2020 we have seen some big spike in price. A similar kind of spike was previously seen at the start of 2019. As the prices of this token were continuously dropping in the December 2019 people stopped investing in this coin. But the 2020 year brings both good and bad for this token as its price was witnessed to an all-time low value of $0.039771 USD on 13th March. And right after the two months, on 21st May its prices touched to the all-time high value of $0.325605 USD.
All the credit of this hike goes to its upcoming Theta Maineet 2.0 project which is going to launch on 27th May this year. And if we look at the overall price graph of Theta token, we can say that this coin is more stable. So in our opinion Theta token is best for short term investment as it has very little price fluctuation from the launch. As per our expert’s Theta Price Prediction this token will reach $0.28 USD.
|Month & Year||Theta Price Prediction|
|June 2020||$0.35 USD|
|July 2020||$0.28 USD|
|August 2020||$0.25 USD|
|September 2020||$0.31 USD|
|November 2020||$0.43 USD|
|December 2020||$0.48 USD|
Theta Price Prediction 2021
At this moment Theta platform is in partnership with some top market brands like Samsung and Gfuel. So from onwards in some models like S10, S20, Note 10 of Samsung Theta.tv will be directly installed. And there is no doubt that this thing will help them to reach more audience and boost their price. Apart from this in the upcoming time Theta.tv app will be installed in the android tv so the users all over the world will get rewards in the form of Tfuel. As there will be a huge demand for video streaming networks in the upcoming time Theta token has a big opportunity to enter the mainstream and become top crypto in the market. If we consider the Theta Price Prediction 2021 then this token will cross $0.4 mark till the end of the year.
|Month & Year||Theta Price Prediction|
|January 2021||$0.31 USD|
|February 2021||$0.35 USD|
|March 2021||$0.42 USD|
|April 2021||$0.37 USD|
|May 2021||$0.33 USD|
|June 2021||$0.29 USD|
|July 2021||$0.24 USD|
|August 2021||$0.30 USD|
|September 2021||$0.34 USD|
|October 2021||$0.36 USD|
|November 2021||$0.39 USD|
|December 2021||$0.41 USD|
Theta Price Prediction 2025
We all know that in today’s world everyone is using video streaming platforms like Netflix, Amazon Prime, HBO, and many more. And now as due to Corona Virus there is a lockdown in many countries, people getting more connected to video streaming platforms ever before. As per the reports in the last five years the video streaming platforms have experienced a 65% increase in traffic and it will continue to increase in upcoming years.
Also Read – THETA FUEL (TFUEL) PRICE PREDICTION
So after looking at all these things we can say that video streaming platforms will bright future but they will need someone to reduce the load time. So indirectly Theta token will have high demand in the upcoming few years. Theta token is also considered as the best option for long term investment. As per the Theta Price Prediction 2025, this token price will be near about $0.65 USD
Is Theta a Good Investment Option?
Now you may have a question in your mind that is Theta a good investment option, we will say yes but for long term investment. As we know there will be large demand for video streaming platforms in upcoming years but the theta price is completely dependent on its adaptation. So if the people don’t use this platform then it will be really difficult for Theta to grow. But Mitch Liu the CEO of Theta has already announced they are planning to tie up with YouTube and Netflix in upcoming years. And if it happens then no one can stop this token from becoming top crypto in the market.
THETA Future Forecast
Looking at the current scenario two third of internet traffic comes from videos that are uploaded to various platforms. Also, we know that in recent time YouTube viewers have grown much faster. After looking at these things without any doubt we can say that in the upcoming few years the video viewership could increase up to 80%, so this is a huge opportunity. Users are the main fuel for the theta token so as the traffic on the video streaming platform increases the price of Theta will start increasing.
As this project has targeted a very productive subject on the internet, no one has any doubt about their success. So if Theta gains big success in upcoming time then that would not be surprising for anyone. As per the experts, this is a better option for long term investment or investment of up to 5 years.
Here we have provided the future prediction of Theta which is completely based on a market study carried out by our experts. Before making any prediction there are various factors that must be considered like market value, market supply, and competitor’s performance.
Where and How to Buy Theta?
If you want to buy Theta toke then it is listed on the largest exchange platforms like Binance. Apart from this it is listed on some other exchange platforms like OKEX, Huobi exchange, and many more but on these platforms you will get very less volume of Theta.
|Exchange Platform||Deposit Type||Accepted Fiat currencies||Supported Cryptocurrencies|
|Binance||Debit Card Credit Card Cryptocurrency Simplex||USD, EUR, AUD, GBP, CZK, NZD, and 45 others||BTX, ETH, XRP, USDT TRX, and 180 more|
Where to Store Theta?
There are many options available to store the Theta & Tfuel Token but we will suggest using their native wallet. But if you are not comfortable with this wallet then you can use Ledger wallet, Trust wallet, or Atomic wallet at your convenience.
- Theta Wallet
- Trust Wallet
- Ledger Wallet
- Atomic Wallet