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Theta Network (THETA) – Cryptocurrency Market Under the Microscope

Theta Network (THETA) presents recent trends in the cryptocurrency market, noting a 2.4% decrease in value against USD. The article compares THETA with other cryptocurrencies like Aidi Finance (AIDI), Zoo Token (ZOOT), and Jeff in Space (JEFF). It also provides details about Theta Network's launch and its role in the media and entertainment industry.

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14 October 2024 | 14:32

Theta Network (THETA) – Current Trends in the Cryptocurrency Market

Theta Network (THETA) experienced a 2.4% decrease against the US dollar within a single day, concluding trading at 9:00 PM E.T. on October 10th. Currently, one Theta Network token can be purchased for around $1.20 USD or 0.00001988 BTC on popular cryptocurrency exchanges. The total market capitalization of Theta Network stands at $1.20 billion USD, with a trading volume of around $19.55 million USD over the last 24 hours. In the past week, the value of Theta Network has decreased by 3% against the US dollar.

Comparison with Other Cryptocurrencies:

  • Aidi Finance (BSC) (AIDI) decreased by 2.2% against the dollar, currently trading at 0.0000 USD or 0.00000000 BTC.
  • Zoo Token (ZOOT) decreased by 2.2% against the dollar, with the current price at $0.0652 USD or 0.00000239 BTC.
  • CareCoin (CARES) saw a 2.2% decline against the US dollar, currently trading at $0.0809 USD or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) gained 1.2% against the dollar, currently trading at $0.0004 USD or 0.00000001 BTC.
  • Jeff in Space (JEFF) decreased by 2.2% against the dollar, with the current price at $2.75 USD or 0.00010076 BTC.
  • Lumi Credits (LUMI) increased by 8.9% against the dollar, with the current price at $0.0162 USD or 0.00000027 BTC.
  • AXIA Coin (AXC) decreased by 0.1% against the dollar, currently trading at $13.43 USD or 0.00048094 BTC.
  • MVP Coin (MVP) rose by 0.9% against the dollar, currently trading at $0.0512 USD or 0.00000085 BTC.
  • P2P Solutions foundation (P2PS) decreased by 0.1% against the US dollar, with the current price at $154.31 USD or 0.00256565 BTC.

About Theta Network

Theta Network was launched on November 23, 2017, with a total token supply of 1 billion. According to CryptoCompare, Theta Network serves as a next-generation blockchain infrastructure for the media and entertainment industry. The new version – Theta 3.0 – has introduced a new cryptoeconomics model for TFUEL, involving staking and burning to maximize utility.

Trading Theta Network usually doesn’t occur directly in US dollars. Investors looking to acquire Theta Network should first purchase Bitcoin or Ethereum on an exchange such as Gemini, GDAX, or Coinbase. They can then use these cryptocurrencies to buy Theta Network on one of the trading platforms.

Choosing the right cryptocurrency for investment requires careful analysis and tracking of current market trends. Each of the mentioned digital currencies has its unique characteristics and volatility, which should be considered when making investment decisions.