Introduction to Theta Network
Theta Network (THETA) is an Ethereum-based cryptocurrency token launched in 2017. Designed to decentralize video streaming and content delivery, THETA has grown into a prominent player in the blockchain space. Below, we explore its price trends, market data, and key metrics.
Current THETA Price and Market Performance
- Price: $0.6954 USD (-4.64% in 24h)
- 24h Trading Volume: $14,607,491
- Market Cap: $695,372,192 (Ranked #83)
- Circulating Supply: 1,000,000,000 THETA
📊 Price Highlights:
- 30-Day Range: -16.29% from peak, +22.30% from low.
- All-Time High: $13.69 (-94.92% from ATH).
- 52-Week Range: $0.5686 to $3.30.
👉 Track THETA’s live price updates
Price Data and Comparative Analysis
| Metric | USD | BTC | ETH |
|---|---|---|---|
| 1 Hour | -1.28% | -1.96% | -0.74% |
| 24 Hours | -4.64% | -4.04% | -2.26% |
| 1 Week | +4.15% | +3.11% | +0.27% |
| 1 Month | -10.82% | -13.63% | -7.58% |
Comparative Insight:
THETA’s trading volume ($14.6M) surpasses the 2017 cohort average ($6.36M), reflecting strong market activity.
Market Capitalization and Supply
- Fully Diluted Valuation (FDV): Calculated via total supply × current price.
Supply Distribution:
- Top 10 Addresses: Hold 59.21% of supply.
- Exchange Wallets: Likely include major platforms like Binance or OKX.
📌 Key Takeaway: High concentration among top holders may influence price volatility.
Technical Analysis Indicators
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 55.44 | Neutral |
| SMA (50) | 0.7610 | Sell |
| EMA (100) | 0.8443 | Sell |
| Average Directional Index (14) | 55.11 | Sell |
🔍 Insight: Mixed signals suggest cautious trading; monitor RSI for overbought/oversold conditions.
Historical Performance and ROI
| Period | ROI | Volatility |
|---|---|---|
| ICO to Now | +422.44% | - |
| 3 Months | -11.23% | 47.75% |
| 6 Months | -71.55% | 69.89% |
| 12 Months | -49.07% | 101.30% |
⚠️ Risk Note: Max drawdown of -96.43% underscores high volatility.
Theta Network Team
- Jieyi Long: Co-founder & CTO.
- Riz Virk: Head of Corporate Development.
- Ryan Nichols: Head of Product & Platform.
FAQ Section
1. What is Theta Network’s primary use case?
THETA decentralizes video streaming, reducing costs via peer-to-peer bandwidth sharing.
2. How does THETA’s supply distribution affect its price?
Top-heavy holdings may lead to rapid price swings due to large transactions.
3. Is THETA a good long-term investment?
While past ROI is strong, high volatility requires risk-adjusted strategies.
4. Where can I trade THETA?
Available on 29 exchanges, including major platforms like OKX and Binance.
5. What’s the difference between THETA and TFUEL?
THETA is the governance token, while TFUEL powers microtransactions within the network.
Final Thoughts
Theta Network combines innovative streaming solutions with blockchain technology. While its market performance shows resilience, investors should weigh its volatility against long-term potential.
📌 Pro Tip: Diversify holdings and stay updated with real-time THETA charts.