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THETA Coin Price Prediction 2024-2025-2030, Aggregated

THETA Coin Price Prediction 2024-2025-2030, Aggregated

Latest Theta Price

THETA Price Performance So Far

Last 7 Days +61.2%
Last 1 Month +222.9%
Last 12 Months +209.7%

Theta Network Coin price has met our March target of $3. What are the Signals and Predictions?

UTC: Mar 6th, 2024 03:06 PM

Overall Outlook Partially Bullish
1. Market’s Wisdom Partially Bullish
1a. Market Data Neutral
1b. Technical Recommendation Buy
2. Crowd’s Wisdom Neutral
2a. Social Media Buzz Steady
2b. Social Media Sentiment Steady

Theta’s recent performance suggests a balanced to slightly bullish sentiment. Theta broke above $3 but failed to find enough support to clear $3.50. This resulted in a price pullback below $3. Theta is once again above $3 (our price target) and it is following the overall market trend which has been improving following the gain in the Bitcoin price.

Theta faces resistance at $3.5, representing a significant challenge for upward price movement. A successful breakout above this level will increase the likelihood of Theta breaking above $4.

Considering the current momentum to continue, Theta coin price will likely break above $4 this week.

Influencers Target

  • ki_smoon12: Target 1: $3.1, Target 1: $4.05, Target 1: $4.4
UTC: Mar 6th, 2024 06:18 PM
  • Theta Price Prediction in the next 24 hours is between $2.60 and $3.20
  • Theta Price Prediction this week is between $2.18 and $3.35

THETA Network Token: Buy or Sell Poll [New]

THETA Coin Price Prediction 2024-2025-2030, Aggregated

  • Theta Price Prediction 2024 is $4.75
  • Theta Price Prediction 2025 is $5.46
  • Theta Price Prediction 2026 is $7.16
  • Theta Price Prediction 2027 is $8.76
  • Theta Price Prediction 2028 is $10.2
  • Theta Price Prediction 2029 is $13.5
  • Theta Price Prediction 2030 is $18.2

Will Theta Fuel Reach $1?

Theta Price Prediction: Can THETA Coin Reach $100?

Theta Network Coin price could reach $100 if 50-75% of the Coins are destroyed.

For Theta Coin Price to reach $100, it would need to increase by a factor of 32. At $100, Theta Network Token’s Market Cap will be $100 Billion. If Theta Network Token’s price were to grow at a rate of 25% each year, it would take about 15.5 years to reach $100. Let us evaluate this data

  • Quality of Investment– Moderate
  • Growth required to reach $100– Not Feasible
  • Market Cap at $100– Not Feasible

Considering the Quality of Investment, growth required, and time required, Theta Network Token has no chance of reaching $100.

Theta Price Prediction $1000: Will THETA reach 1000 dollars?

For Theta Coin Price to reach $1000, it would need to increase by a factor of 325. At $1000, Theta Network Token’s Market Cap will be $1 Trillion. If Theta Network Token’s price were to grow at a rate of 25% each year, it would take about 25.5 years to reach $100. Let us evaluate this data

  • Quality of Investment– Moderate
  • Growth required to reach $100– Not Feasible
  • Market Cap at $100– Not Feasible

Considering the Quality of Investment, growth required, and time required, Theta Network Token has no chance of reaching $1000.

THETA Price Prediction: Can THETA Reach 10,000?

Theta Network Coin price could reach $10000 if 50-75% of the Coins are destroyed.

For Theta Coin Price to reach $10000, it would need to increase by a factor of 3.2k. At $10000, Theta Network Token’s Market Cap will be $10 Trillion. If Theta Network Token’s price were to grow at a rate of 25% each year, it would take about 37 years to reach $10000. Let us evaluate this data

  • Quality of Investment– Moderate
  • Growth required to reach $10000– Not Feasible
  • Market Cap at $10000– Not Feasible

Considering the Quality of Investment, growth required, and time required, Theta Network Token has no chance of reaching $10000.

Theta Price Prediction: Is THETA Coin A Good Investment?

Theta Network is a blockchain platform for decentralized video streaming. The platform combines blockchain technology with video streaming to create a unique platform that even incentivizes content viewers to share their computing and bandwidth resources.

Theta Network aims to create a decentralized video streaming network by leveraging blockchain technology. Furthermore, the platform incentivizes video viewers to share bandwidth resources.

It introduces the concept of peer-to-peer streaming which focuses on the timely delivery of video and audio content. Hence, the capacity of the whole system increases when more peer nodes are available. Furthermore, it tends to increase the robustness of the system because of its decentralization.

Following are the use cases of THETA tokens:

  • THETA coins can be used to give incentives on the Theta blockchain to encourage users to the video stream on the platform.
  • THETA tokens can be earned by the viewers in the form of engagement rewards.
  • Users can give rewards to their favorite content creators using THETA coins.
  • Viewers can contribute their devices as “Catching nodes” to deliver any given video stream to viewers across the globe and in return earn THETA tokens.
  • THETA token holders can participate in the platform’s governance through voting mechanisms.
  • Users can stake their THETA coins to secure the platform. In return, they get rewards.
  • THETA tokens are used to pay transaction fees on the network.

Furthermore, the global video streaming market is expected to grow at a CAGR of 18.4% by the end of 2030, as per the reports. It means that Theta Network can also grow with the growth of the industry. Moreover, the market is also not clustered with similar blockchain platforms that aim to provide such sort of use cases in video streaming, meaning that THETA coin can grow in favorable market conditions.

The Theta Network is partnered with video technology partners (such as WPT, Cinedigm, GFuel, Failarmy, Shout Factor, Con TV, and The Pet Collective), Media and Technology partners (Samsung, Sony, Google, CAA), Blockchain partners (Binance, Blockchain.com, Replay) and Institutional investors (DHVC, GFRFund, Heuristic Capital and Sierra ventures).

Theta vs Livepeer

Theta and Livepeer are both blockchain-based projects that aim to create a decentralized video streaming network. However, there are some notable differences between the two.

  1. Theta Network relies on a Proof-of-Stake consensus mechanism, while Livepeer uses a hybrid Proof-of-Work and Proof-of-Stake consensus mechanism.
  2. Partnerships: Theta has established partnerships with several companies, including Samsung VR, Pandora, and MGM, while Livepeer is primarily focused on providing infrastructure for decentralized video transcoding and processing.
  3. Market Position: Theta has been around for longer and has a larger market capitalization than Livepeer.
  4. Tokenomics: The token allocation of Theta includes a 20% insider share (Team + Partners) and 36.3% in Theta Lab Reserves, which some investors may find concerning. In contrast, Livepeer has a more decentralized token allocation, with no more than 10% of tokens allocated to any single group.

Overall, Theta is a Moderate Investment

How To Buy THETA Tokens?

Theta tokens can be purchased in three easy steps, as mentioned below:

  • In the first step, users are required to set up an account on one of the crypto exchanges (on which they purchase THETA tokens).
  • The second is to choose a mode of payment (i.e., using fiat currency or cryptocurrencies).
  • The final step is to make the swap and purchase the THETA tokens directly. These tokens can later be stored on a suitable crypto wallet.

Where Can I Buy THETA?

THETA tokens can be bought on numerous major centralized crypto exchanges including Binance, KuCoin, OKX, Huobi, Crypto.com, Gate.io, Bybit, Bithumb, and Bitfinex.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

 

THETA Coin Price Prediction 2024-2025-2030, Aggregated

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