Theta cryptocurrency started out as a dwarf among giants with its low market cap and yet, the network grew to what it is now, no longer under the radar nor an underdog. With its unique and potentially valuable real-world use case, tied to massive growth markets such as digital media and online video games, Theta stole the thunder from higher-ranking crypto projects.
The token is volatile but there is a clear long-term case for this cryptocurrency. But would this Theta price prediction be enough to convince you to include the crypto in your investment portfolio? Let’s dive deeper into the real uses of the coin.
Theta’s alliance with ONE Championship to form a new NFT marketplace is a revolutionary step for the network. ONE Championship has a distribution of 400 million users, and it currently serves more than 150 nations. At the start of September, the Theta token was favored by buyers, adding to the rising price momentum. The coin has been trading in a tight range throughout the next week, signaling a volatile market. What’s on the horizon for Theta in 2022 and the years after, according to expert analysts?
Can it make you rich though?
According to CoinMarketCap.com, Theta has a market cap of $6 billion as of this writing. There are one billion tokens in circulation and that supply is fixed. Therefore, there’s no dilution to worry about when it comes to Theta, unlike other cryptocurrencies. And if the Theta network catches on, it could become a lot more valuable than $6 billion.MotleyFool.com
Theta Labs, the company behind the project, was recently awarded a patent for this decentralized CDN concept. Potential competitors to Theta, therefore, have a serious hurdle to overcome.
Today’s Theta Network price today is $1.14 with a 24-hour trading volume of $31,526,501. Theta Network is down 3.42% in the last 24 hours. The current CoinMarketCap ranking is #46, with a live market cap of $1,138,121,041. It has a circulating supply of 1,000,000,000 THETA coins and a max. supply of 1,000,000,000 THETA coins.
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What is Theta?
THETA token is the native incentive of the Theta Decentralized Network, an open-source, public protocol focused on driving the next generation of content streaming platforms. Through Theta, developers and video aggregators can innovatively build, launch and deploy decentralized streaming apps on top of the blockchain. Theta’s applications focus on eSports, TV/Movies, enterprise conferencing, music, educative, and streaming content.
The content-driven cryptocurrency remains one of the most undervalued coins out there right now, and I think it will continue to rise in price over time. Theta has already surpassed most older coins in the market cap, but what does this mean for its future value? Will Theta be more valuable than bitcoin or Ethereum by 2030? This blog post will provide you with insights about Theta price prediction, how to buy Theta coin, and why it could surpass other cryptocurrencies like Bitcoin or Ethereum within the next half a decade.
What does 2022 hold for Theta?
2022 continues to look bright for Theta, with the Theta developer community looking to capitalize on the support already in place for the third-party development community. Also, the community aims to expand on it. This year, they have projects lined up, and said projects are expected to bolster Theta’s growth, expansion, and adoption.
Projects like HarkTV, ThetaScan, ThetaNext, and upcoming Theta Hackathons are expected to aid the development of the token.
They are also included in the WEB 3.0 project; they are many apps that will help launch a decentralized web economy. The Suite tools, such as the Ethereum-compatible RPC API suite and Metamask integration, are also expected to help drive up the price of the Theta token in 2022 and in the years ahead.
Partnerships with the Theta network
Theta Network continually looks to acquire partnerships that will bolster their popularity and help them gain more awareness, particularly in the Hollywood studios. They announced a partnership with Junkin Media on 17th Dec 2021 for blockchain video delivery and NFTs.
Before that, Theta announced a media partnership with Fuse media on 11th Nov 2021. The partnership will help with NFT campaigns on ThetaDrop.
Theta Network also announced a partnership with meter.io on 9th Oct 2021. The partnership is expected to aid the transfer of assets securely across blockchains.
They have also partnered with artists like Katy Perry in the NFT campaign on Theta drop for the music industry.
Theta Latest Developments
A few weeks before 2021 ended, Theta network developers announced that Theta had been released on a mainnet 3.0 version. The whitepaper is available here. Theta network also now supports decentralized NFT, with Open Theta being the first marketplace for decentralized NFTs.
Six months ago, expectations were high for Theta, observers believing that the demand for the token and scarcity of the supply will drive the price up, just like Bitcoin. FOMO crowd will spend stimulus cheques on crypto, and because of the partnerships Theta already has — Google, Samsung, Sony –Theta will be high on folks’ priority list.
Problems that Theta set out to solve
As digital advertising and video networking have surged in the digital space, they are yet to find a foothold in the blockchain. Let us look at the details of THETA and understand the future of this coin.
Most blockchain projects focused on data handling, scalability chains, transactions, and data storage. In the decade-long existence of the blockchain, the industry hardly boasted of any innovators willing to integrate decentralization with digital media, video networking, and gaming.
Theta shows promise as a new player in the gaming and online video broadcasting industry. With THETA coins, viewers are rewarded with tokens for their attention to ads and streamers. These rewards will be exchanged on Theta package Exchanges (TPX), where companies can buy ad space, data packages, or tips from streamers.
Three challenges faced by live video streaming were crucial to address during the development of Theta.
- Poor quality – Existing content delivery networks or CDNs are limited by reach, causing video re-buffering and high load duration in various parts of the world.
- 4k video streams create infrastructure problems – Streaming high-quality 4K HD content introduces many bottlenecks associated with the increasing need for high data speeds and surging data needs.
- Fewer rewards for content creators – Centralized distribution means content creators don’t make as much money.
How Theta intends to solve problems in content streaming
Viewers can earn rewards by sharing their unused bandwidth. Excess bandwidth and internet resources are not left to waste.
Higher-quality streaming with little to no lag time – Theta harnesses the power of video streaming by allowing content creators and viewers to interact (which in turn brings a lot more value) without ever having to worry about exclusivity.
Video aggregation platforms are no longer confined to expensive infrastructure because they rely on the Theta Network for content distribution, which means more resources and time dedicated to innovation and building unique business models.
In addition, Theta has also been engaged in an approach to burn tokens as an economic boost to the circulating supply of tokens. Currently, 25% of TFUEL is burned for the operation fee on Theta’s blockchain. This fee will be updated with a new version of the blockchain called Privatix/Theta Mainnet 3.0, reducing the available supply and increasing demand and higher prices.
Hence, it’s likely that TFUEL and THETA prices will rise shortly. The future of Theta is promising as they are more likely to become a contender for being the next YouTube in this decentralized world.
What factors are likely to influence Theta?
According to Market Watch, the global video streaming industry is projected to grow at an annual rate of 20%. In this reporting period, many giants in the sector have gained attention concerning daily and monthly engagements.
Meanwhile, with its more democratic video streaming model, Theta Network (THETA) is emerging as a leader in content streaming. It is expected to disrupt currently monopolized media giants like Netflix, Hulu, and Youtube. The growth of the streaming industry is expected to skyrocket in the coming years, and this will have a significant impact on the direction of Theta coin’s price.
Theta’s blockchain provides a means to address the content delivery costs incurred in delivering streaming services. Theta can also be incorporated into the current infrastructure of existing streaming businesses to streamline both their prices and operations.
Increasing adoption will have a tremendous effect on the Theta token and the circulating supply. First, many companies that currently deliver video streaming services will benefit from the blockchain. Second, these companies must hold Theta tokens as part of their services agreement with developers. Finally, this means that Theta benefits from streaming high-quality streams and attracting masses of content creators in their quest for greener pastures. Its increased demand, along with its popularity, predicts a bright future for THETA tokens.
Another way Theta has attracted attention is through its partnerships with large companies. T ese partners include Google, NASA, Samsung, and many other high-profile companies. F example, To validate transactions on the Theta network, Google powers the platform’s cloud-based infrastructure and allows users to become nodes for running the network.
What about the 7 Billion?
7 Billion market cap might seem high but it really isn’t when you understand that 100% of the total tokens are already released (something almost all other cryptos in the top 50 can’t say) so the market cap is based on the FULL supply not a portion of released supply like most crypto which is noteworthy and it also has a cap on total supply (which again a lot of cryptos do not).
Almost 60% of all Theta is currently staked (will grow over time to the point that even trying to get Theta will be extremely hard), and the uses for the Theta token beyond just staking will be added to give the token even more use-cases and value over time. Furthermore, the reward for staking Theta is not the Theta token itself but ThetaFuel (aka Theta itself isn’t inflationary).
To avoid the gas token ThetaFuel from becoming too inflationary and to incentivize people to want to hold the token instead of just selling it they are letting people stake ThetaFuel as well, and on top of that are burning tfuel to help negate inflation (more burning the more the network grows).
Theta Technical Analysis
Theta Token price analysis reveals that the cryptocurrency has been following a bearish trend displaying further opportunities for bearish activities, with the price of THETA/USD moving under the $1.17 mark. On 31 August 2022, the cost of Theta Token experienced a flash crash and reached $1.16, but it further increased to $1.164, which is the current price of Theta Token.
Theta Token’s price analysis reveals the market’s volatility following a decreasing trend, meaning that the price of THETA/USD will follow the volatility into becoming less prone to experience volatile change. The upper limit of Bollinger’s band is available at $1.606, which serves as the strongest resistance for Theta Token. Conversely, the lower limit of Bollinger’s band is present at $0.97, which serves as a support point for Theta Token.
The THETA/USD price appears to be crossing under the curve of the Moving Average, signifying bearish momentum. Bears control the market for now and are likely to maintain control as the odds stack in their favor and the market shows further bearish opportunities. However, the price has already broken the support yesterday and is now expecting a reversal movement in the coming days.
The Relative Strength Index (RSI) is 40, indicating that the cryptocurrency is stable and falls in the lower neutral threshold region. The RSI path appears to follow a downward direction, indicating a declining market and movement towards further declining dynamics. The RSI score decreases as the selling activities exceed the buying activities.
Theta Token’s price analysis has deduced that the bears control the market with the massive opportunity for further bearish activity. Although the market appears to show potential for a reversal, we can’t be sure if it will happen. However, the breakout could be a silver lining for the Theta Token cryptocurrency as they have their market engulfed in bearish dominion. The bulls could be the new victors of the market in the near future.
Theta Price Predictions by Authority Sites
The THETA Network price prediction, according to TradingBeasts, might conclude 2022 at just under $1.51 before closing 2023 at just under $1.66. It may start trading at approximately $2.14 in a year, and the Theta Network Price forecast for 2025 has it at roughly $2.64.
According to a Theta token price prediction by Gov Capital, THETA would conclude 2022 at a little less than $1.92, rise to $7.03 on August 18, 2023, a mere cent under $22.50 on August 18, 2025, and trade at $43.09 on August 18, 2027.
THETA coin price prediction offers the potential for long-term gains and short-term rallies based on a logical algorithm. By the end of 2022, the THETA price may attain its goal of $5.7221.
Theta Price Prediction 2022
In 2022 the Theta price forecast is predicted to reach a minimum level of $1.80. The THETA price can reach a maximum level of $2.08 with an average trading price of $1.88.
Theta Price Prediction 2023
The price of Theta Network is predicted to reach a minimum level of $2.57 in 2023. The Theta Network price can reach a maximum level of $3.20 with an average price of $2.65 throughout 2023.
Theta Price Prediction 2024
In 2024 the price of Theta Network is predicted to reach a minimum level of $3.74. The THETA price can reach a maximum level of $4.46 with an average trading price of $3.85.
Theta Price Prediction 2025
The price of Theta Network is expected to reach a minimum level of $5.39 in 2025. The THETA price can reach a maximum level of $6.52 with an average price of $5.54 throughout 2025.
Theta Price Prediction 2026
Theta Network price is forecast to reach the lowest possible level of $8.01 in 2026. As per our findings, the THETA price could reach a maximum possible level of $9.33 with the average forecast price of $8.29.
Theta Price Prediction 2027
In 2027 the price of Theta Network is forecasted to be at around a minimum value of $11.71. The Theta Network price can reach a maximum of $13.93 with an average trading value of $12.04.
Theta Price Prediction 2028
The price of Theta Network is predicted to reach a minimum value of $16.68 in 2028. The Theta Network price could reach a maximum value of $19.98 with the average trading price of $17.16 throughout 2028.
Theta Price Prediction 2029
In 2029 the price of Theta Network is expected to reach a minimum price of $23.59. The THETA price can reach a maximum price of $28.86 with an average value of $24.45.
Theta Price Prediction 2030
The price of Theta Network is predicted to reach a minimum value of $33.95 in 2030. The Theta Network price could reach a maximum value of $41.93 with the average trading price of $35.18 throughout 2030.
Theta Price Prediction 2031
Theta Network price is forecast to reach the lowest possible level of $49.85 in 2031. As per our findings, the THETA price could reach a maximum possible level of $59.72 with the average forecast price of $51.61.
Theta Price Prediction by Market Experts
Theta is still VERY much under the radar for most, and the ones joining now honestly have no idea its potential.Redditor
I’ve admittedly struggled to see the practicality of many popular cryptocurrency projects myself. And that’s why my enthusiasm is quickly growing with Theta (THETA 10.43%). The Theta network has the clearest use case for any decentralized project that I’m aware of.Jon Quast
Verdict: Is THETA worth your investment?
The Theta decentralized network is run by credible technical and business developers with vast experience in cryptography, content management systems, and blockchains. Additionally, the ecosystem is proud to have a diverse portfolio of credible media advisors such as Youtube co-founder and CTO Steve Chen.
Furthermore, the blockchain solves one of the biggest challenges digital media platforms face in streaming great high-quality video content. Most early adopters believe THETA will drive the next evolution in the streaming industry and offer content delivery at reduced costs.
Carefully considering the partnerships and developments made in 2021, 2022 seems promising for the Theta token. The top n is poised to gain more media awareness and traction, which will, in turn, attract more traders and investors.
With the increasing popularity that NFTs are gaining, the fact that the Theta network now supports decentralized NFTs is an added advantage as it gives the network more exposure and attracts the attention of potential investors, which in turn increases the price of the Theta token. Ultimately, the coming years look bright for Theta token.
Such innovation and problem-solving are crucial in adopting the THETA decentralized network and the THETA coin. This development will drive up the token price and boost investor sentiment across the cryptocurrency market.
Based on data and analysis, Theta seems profitable for the future. And for investors hoping for significant returns on investment in cryptocurrencies, Theta might be a worthwhile addition to their portfolio.
However, potential investors are advised to do their own research and not just invest blindly, as cryptocurrencies are subjected to changes in values, to avoid losing their investment or having it devalued.
In a capsule:
2022 seems bright for the Theta token, given 2021’s alliances and advances. THETA will get media attention and traction, attracting additional traders and investors.
The Theta network now enables decentralized NFTs, which offers the network greater exposure and attracts new investors, raising the price of the Theta token. Theta’s future is bright. Innovation and problem-solving are key to embracing THETA’s decentralized network and token. This will raise the token price and enhance bitcoin investor enthusiasm.
Theta looks profitable based on facts and analysis. Theta might be a good addition to a cryptocurrency investor’s portfolio.
Although THETA coin price forecasts are cautiously optimistic, it is important to note that they may not materialize right away. We do need to emphasize that cryptocurrency predictions are frequently off, so if you own THETA, be ready to wait a while until it reaches that level, if it ever happens.
The pattern is questionable in terms of THETA coin price forecasts. It will climb, according to some experts’ predictions, but it’s unclear how much or how soon. Remember to conduct your own research as always.
Potential investors should do their own research before investing in cryptocurrencies to prevent losing money or having it devalued.