THETA token retreats 2.5% to settle at $3.05

THETA is down 2.5% at $3.05 in the last 24 hours with a 24-hour trading volume of $164,294,601, based on the latest figures at CoinGecko on Sunday.

This coin is still relatively undiscovered and is therefore listed on only one exchange that crypto analysts can safely recommend: Binance.

Binance is the current most active market trading the token that currently offers the ability to buy THETA using a debit card or credit card.

THETA has 5 Buys, 7 Neutrals, and 14 Sells on CoinGecko’s 1-hour technical analysis meter, as of Sunday noon.

THETA on Binance

Around 21:00 EST Friday, THETA USD, which is currently on bullish momentum, is at $3.11 and up by 5.2% in the last six hours, with a higher value of $3.11 and a lower value of $2.96, as per VIA News.

Binance is one of the biggest and popular cryptocurrency exchanges in the world. The advantage of purchasing THETA from the crypto exchange is that people can benefit from its lower exchange fees compared to rival exchanges.

THETA is the governance token of the Theta network. The token is what is used to stake as a Guardian or Validator node, to generate blocks and participate in the protocol’s governance.

1 billion THETA in circulation

Currently, around 1,000,000,000 Theta tokens are in circulation. Interestingly, it is also the total number of digital assets the platform plans to issue.

THETA has a market cap of $3,038,083,861 (ranked 27) as of Sunday, Feb. 28.

The Theta Network is a decentralized video delivery network powered by users and a new blockchain that allows for vertical decentralized apps (DApps) to be built on top of the platform to enable TV, movies, esports, music, enterprise conferencing, education, and peer-to-peer (P2P) streaming, etc.

Last week, Theta Network announced the minting of rare collectible NASA-themed non-fungible tokens (NFTs) on its live streaming site Theta.tv, to commemorate the landing of the Perseverance rover on Mars.

 

Image courtesy of Altcoin Buzz/YouTube Screenshot

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