Decentralized video streaming platforms offer a new and improved way to deliver content. Thanks to the Theta crypto project, cheaper and faster streaming is possible. The project could occupy the niche of such giants as YouTube and Twitch in the future. The project runs on its own blockchain and has its own token. A detailed Theta coin price forecast for 2022-2030 will allow potential investors to evaluate the prospects of investing in this coin.
The Theta Network is a next-generation video and entertainment blockchain powered by individuals. The project could be called the “World Cache” (similar to Ethereum’s EVM, which is called the “World Computer”). It consists of bandwidth and memory resources provided by users in exchange for a reward in Theta crypto. Theta Network aims to resolve the main problems of the streaming industry as it reduces content delivery network (CDN) costs, optimizes the video transmission in high resolution and bitrate, and encourages individual users to share their computing resources to support broadcasts.
The project opens up a new decentralized infrastructure (without a governing body) for users to broadcast streaming video.
THETA is a token that serves as an incentive mechanism for users. Altcoin acts as a management token on the platform of the same name. It can be used by viewers to pay for access to content, as a donation tool. Different types of content are supported: movies, music, cybersports, and TV series. Initially, the token was launched on the Ethereum blockchain, but after the release of the main net, it was moved to the Theta blockchain. The number of tokens is strictly limited to 1 billion, all of them were issued initially and are in distribution. The main reason for the limited emission is to make the altcoin very expensive so that attackers cannot gather enough tokens to threaten the system.
Price History of Theta Cryptocurrency
The primary trading of the currency began on December 14, 2017. After the launch of the Theta token in 2018, Theta’s price remained relatively low throughout the first year, holding below the $0.50 mark. However, it eventually broke that psychological level in September 2020. Since then, the price has soared, breaking the $2 mark in early January 2021. Theta, which surpassed $3 on February 9, 2021, rose to $4.03 on March 3, 2021, and then hit $15.90 on April 16, 2021 when Global 500 firms such as Google and Sony Europe joined the network validation program, and Theta Labs received its second patent to develop decentralized blockchain-based video and data delivery. This was recorded as a record high. Theta, which has been trending downward since hitting an all-time high, opened at $6.91 in July 2021. Markets Pro and TradingView data show that after hitting a high of $5.98 on Dec. 27, Theta’s price fell to its core support around $3.85 as the broader cryptocurrency market came under pressure.
The live Theta Network value as of July 25, 2022, is $1.22 USD with a real-time market cap of $1,217,673,728 USD. Theta Network is traded on 37 exchanges today, including ZB, Binance, Upbit, Godex, and others.
Theta Price Prediction for 2022-2030
Below we will have a look at Theta cryptocurrency price predictions for 2022-2030.
Theta Price Prediction 2022
Wallet Investor predicts that by the end of 2022 Theta’s lowest mark will be $0.0554 with a maximal fee of $0.166.
Trading Beasts` forecast is more optimistic, fixing the mark at $1.81547 by the end of this year.
Despite volatility and recent cost declines, CoinArbitrageBot says Theta is on track for a value of $3.9634 at the end of 2022.
PricePrediction.net believes Theta could max out at $2.12 with the midpoint market fee of $1.81 in 2022.
Based on chart analysis, trading capacity, and general traders` sentiments, Digital Coin analysts conclude that THETA`s fee will peak at $1.79 in 2022.
Three reasons to remain optimistic about THETA in 2022 include the impending launch of Theta Drop’s non-interchangeable token marketplace (NFT), the addition of new betting resources and a general focus on live streaming and gaming, which is currently supported by prominent partnerships and integrations.
Theta Price Prediction 2023
Wallet Investor‘s price forecast for THETA assumes remarkable growth in 2023, which will probably top out at $0.226 by the end of 2023.
Averaging $2.01 in price is pretty ambitious, but it’s feasible in 2023 according to Digital Coin‘s projections, given Theta’s pending partnerships and accomplishments.
Price prediction for Theta coin for 2023 price has plenty of room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, CoinArbitrageBot expects THETA’s cost to exceed $4.3 soon.
Theta Price Prediction 2025
Digital Coin anticipates a maximum THETA price of $2.83by the end of 2025.
Coin Price predicts a high of $4.96 by the 2025 year-end.
Given the market volatility, the Wallet Investor`s Theta coin price prediction 2025 demonstrates the coin`s uppermost market cost of $0.374.
Theta Price Prediction 2027
Wallet Investor predicts that Theta will end 2027 at $0.749. The bulls are set to launch the next wave of the crypto market. Consequently, Theta supporters expect THETA to have the potential for consistent growth and even have enough stability to survive unfavorable bearish conditions. Clearly, the profit potential is not absolute, with merchandise watchers such as PricePrediction.net predicting that THETA’s price will overcome weakness and approach $14.37 in 2027. As stated by Digital Coin`s Theta long-term price prediction, it should peak at $3.17 in 2027.
Theta Price Prediction 2030
Price Prediction.net`s long-distance price forecast Theta is bullish: It says the token will jump to a high of $46.11 in 2030.
DigitalCoin‘s THETA coin price prediction 2030 says the asking price will rise in the future perspective with its paramount value climbing to $5.53.
Is Theta a good investment?
The situation for Bitcoin remains tense and unclear until the end of 2022, but if you look more closely at the cryptocurrency market, the number of coins continues to grow no matter what. First of all the meta-universe tokens are now on the wave of demand and this trend is just emerging.
Theta Network can be put at the top of the list of the most promising meta-universe projects, according to numerous analyzers (e.g., Altcoin Daily). Already now the THETA coin cannot be called the cheapest, and its further potential is quite positive. The main reason for its popularity is the fact that Theta Network is a ready-made substructure that accepts any project in the meta-universe.
This is made available through a combination of two main features:
- Real-time virtual reality visualization;
- Streaming video from created worlds through a decentralized network.
- The resources of the project allow the creation of special assets and their storage in the NFT format.
A large number of research associates are predicting the THETA token to move only upward. It’s important for any investor to buy the asset they want at a bargain price. And while it seems that artificial demand has not yet been created for THETA, the coin has not pummeled the current HYIP. At the same time there is an upward trend, though not very noticeable, but nevertheless. Experts believe that the best way for further development of Theta Network is to sign a partnership agreement with Decentraland or Sandbox. These are two related projects that are being talked about a lot in the digital industry at this very moment, and which also have good prospects. The community expresses confidence in the upcoming huge success of the THETA coin if this is done as soon as possible. But even without that, the positive dynamics of the project are obvious. If the network can become successful and in demand, it will attract some of the biggest content owners like Amazon, CNN, Netflix, etc. Maybe Theta can really radically change the industry of streaming video.
Will Theta reach 10$?
Thanks to continuous improvements in Theta Network, we can say that the bullish trend for Theta Network by 2025-2027 will result in a price of $10 to $13. This is evidenced by evaluations from a number of respected services such as Price Prediction.net and Technewsleader. In addition, thanks to THETA’s ecosystem enhancements and updates, THETA’s performance will help exceed the current time-based high of $15.92 very soon.
Where to store Theta coin?
The official online wallet, located at https://wallet.thetatoken.org/, is used for storage. It can work in conjunction with Trezor and Ledger hardware wallets. To create a wallet, you need to specify a password and download a key file (Keystore format); later, you can restore the lost access to assets with a 12-word mnemonic phrase, a key file, or by entering a private key.
The altcoin is also supported by other wallets. For example, Trust Wallet.
Is THETA a scam or legit?
The industry analysts consider the Theta platform to be a serious project that could compete with YouTube in a few years. The Theta blockchain is perfect for peer-to-peer (P2P) content transfer. Therefore, the developments and achievements of Theta Network can be used to create new meta-universes. Today Theta actively cooperates with different venues, helping to organize broadcasts, concerts and other events in the virtual world.
Theta is a legit platform but it has some concerns with staking rewards and being controlled by large companies.
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Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.