Theta Network Price Prediction 2024, 2025, 2030: Is THETA A Good Investment For This Year?

Theta Network is an innovative platform that aims to work for the streaming sector. By providing technical and economic solutions for decentralized video streaming. Theta Network incentivizes the users who relay videos on the platform on their spare bandwidth.

Theta’s price rally had raised many eyebrows in 2021. The altcoin showcased a magnificent price surge by gaining more than 1300% growth and with the bull run around the corner, THETA is predicted to achieve a new high in the coming time.

Investors and traders are keen on Theta’s rally and are hopeful of a bullish spike in the future. Are you considering, it for your portfolio? Look no further, as we decode THETA’s price prediction for 2024 and the years to come.

Overview

Cryptocurrency	Theta Network
Token	THETA
Price	$ 2.42594546 4.25%
Market cap	$ 2,425,945,463.4668
Circulating Supply	1,000,000,000.0000
Trading Volume	$ 79,976,698.4092
All-time high	$15.90 on 16th April 2021
All-time low	$0.03977 on 13th March 2020
24 High	$ 2.4700
24 Low	$ 2.3180

THETA Price Prediction April 2024

After displaying a neutral trend till mid-February, the THETA price recorded a surge of over 281% by March, resulting in the price recording a yearly high of $3.78. Following this, the bulls lost momentum and broke down the support level where the price traded sideways for about a month.

As the volatility in the market grew, Theta Network failed to hold its price above, resulting in the price recording a correction of 34.78% in value. Since then, the price is trading between $1.80 and $2.43. Positively, the price is on the verge of testing its upper level, the outcome of which is unpredictable.

The technical indicator, MACD, displays a constant decline in the red histogram, indicating an increase in the buying pressure within the market. Moreover, the averages show a bullish crossover, suggesting a positive price movement in the coming time.

If the market pushes the price above the resistance level of $2.430, the bulls will regain momentum and prepare to test its upper limit of $3.050 this month. Conversely, if the bears overpowered the bulls, the THETA price will lose momentum and fall to test its lower support level of $1.80 in the upcoming weeks.

THETA Crypto Price Prediction 2024

Theta could find the stars inclining in its favor if the crew behind the project joined hands for imperative collaborations and adoptions. The foray of big-money investors holds the potential to haul Theta to newer peaks. On a positive note, Theta’s price could chug up to a pricier tag of $7.09 by the annual trade closure of 2024.

Contrarily, failing to stand true to its expectations, could make way for liquidations. As a result of which, THETA could find its support at $2.66. Consequently, the dearth of fueling events could lead to the annual closure at $4.87. 

Theta Network Price Prediction 2024 – 2030

THETA Price Prediction 2025 

In the next three years, if Theta plans for new collaborations and partnerships with renowned organizations, the price might surge substantially. If the network gains huge popularity, then by the end of 2025, the price could hike to $12.31. 

If Theta remains working on new updates and improvements and hasn’t brought anything to work, then the price might trade on average at $9.02.

Theta has its ICO very private and centralized, which is posing a negative effect on the network. If theta does not work on improving this and sticks to the current Initial coin exchange mechanism. It might lose a significant surge possibility and might even fall to a minimum figure of $5.74.

Theta Network Price Prediction 2026

According to forecast prices and technical analysis, the price of THETA may reach a minimum of $9.64 in 2026. The maximum price could hit $18.65, with an average price of around $14.14.

THETA Price Prediction 2027

Looking forward to 2027, Theta price may reach a low of $13.57, with a high of $25.87 and an average price of $19.72.

Theta Network (THETA) Price Prediction 2028

In 2028, the price of a single Theta Network may reach a minimum of $19.86, with a maximum of $32.69 and an average price of $26.27.

Theta Crypto Price Prediction 2029

By 2029, the price of THETA might reach a minimum of $26.39, with the potential to hit a maximum of $39.39 and an average of $32.89.

Theta Network Price Prediction 2030

In 2030, Theta Network (THETA) may touch its lowest price at $33.53, hitting a high of $48.55 and an average THETA price of $41.04.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Theta Price Prediction

According to Coinpedia’s formulated Theta price prediction, a strong partnership base like Samsung VR can drive Theta to better heights. Secondly, If the theta network works on its improved security and partners with giants. Then we can expect new enhancements and reduced fees on Theta. 

If this happens, the price of the Theta token will drastically rise and might hit $7.09 by the end of 2024. However, if the project remains under development in the coming months, investors may withdraw from the network due to increasing FUD. In such a case, the price might hit a low of $2.66.

What Is The THETA Coin?

The THETA Coin is a utility token of the Theta Network founded by Mitch Liu and Jieyi Long in 2018. The team held a private token sale and sold 30% of 1 billion THETA coins raising $20 million. The coin can be staked by the validator nodes or guardian nodes. It also allows nodes to validate transactions, produce blocks, vote on the betterment of the network, and earn TFUEL as rewards. 

The network users can download the official Theta Wallet to hold or stake THETA and TFUEL tokens. The wallet is also powered by a micropayment system. It is the one that enables the content viewers and creators to send and receive the tokens. 

The network follows the Proof of Stake mechanism which is also called Multi-Level BFT, by them. But, What’s so special about this? It lies in the fact that, Unlike the proof of work, this consensus method works at a higher speed. Theta achieves rapid speed by limiting the node users.

Fundamental Analysis

While many wonder what is the difference between THETA and TFUEL, here is the answer put down in simpler words. The Theta token is the governance token of the network. It involves the staking process, where the users will earn a profit in the form of the other native token. Theta Fuel is the Utility token and also a gas token. 

TFUEL works on many undertakings in the Theta Network. It is also given away as an incentive to users who share their extra bandwidth or computing power for video streams. While most crypto giants have only a single token or coin. Many wonder what’s the purpose of the second token in a network. The advent of TFUEL made sure the Theta token has a key and specific function only which is staking.

On the other hand, if the network did not introduce TFUEL, a secondary token. Over some time Theta tokens will lose the circulating supply because they are involved in staking. However, since the network is based on streaming high-quality videos, a liquid token is necessary. That was the prime reason why a dual token system landed its foot in the Theta network.

Historical Market Sentiments 2018 – 2023

• THETA Coin initiated its trade in early 2018 with less than $0.2. 
• The price however spiked above $0.2 in May but dropped below $2 in June. 
• The price further lost momentum and declined below $1 by August. And maintained a similar trend till the end of 2018.
• The price traded below $0.1 until the end of February and successfully traded above the levels. 
• Including some decline below $1, the price maintained above these levels throughout the year and woefully slipped below $1 to the end of the year.
• The price initiated the trade below $1 and quickly gained momentum and surpassed $1. 
• By mid-year, the price surged above $0.4 and dropped to $0.23 by August. 
• By the end of August, the price hit $0.55 jumped above $0.7 in November, and ended the year by surpassing $1.5.
• The start of 2021 was very bullish for the asset as it initiated the trade above $2 and surpassed $3 by the middle of February. 
• The price kept trading above $12 and eventually on April 16, it smashed the all-time high at $15.90.
• After the price brushed the ATH, the digital asset slipped about 45% by the 25th of April. 
• Post a quick rebound the price reclaimed its levels at $13.217. The spike was short-lived as Theta took a downswing to $3.831. 
• The next uptrend took the price to $4.261 by the 6th of September. 
• Theta’s price was seen moving in a parallel channel until the 4th of December when it dropped to $3.831. The downtrend led to the annual closure at $5.072.  

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