Theta Network is one of the hottest crypto’s to hit the scene in the last several years. Though there is heavy fluctuation just like with stocks, there is plenty of gains to be made. The best way to gauge a coin’s worthiness is through proper research and tracking predictions.
What is Theta Network?
The Theta Network is basically a video streaming service that runs on the backs of a large group of users. By offering personal bandwidth for computing on the Theta platform, a user is able to earn Theta coins. Mainly users generate these rewards by using Edgecast to share content with others in the downstream.
Theta Network Recent Updates and Price Changes
There is a growing system of content sharing that has allowed players such as the Theta Network to expand exponentially. In recent years video streaming has exploded on a global scale and has a CAGR of 20%. The Theta Network team has been able to harness this growth and provide highly stable options with a measurable value for the end-user.
Theta Network Price Prediction for 2023- 2026
With professionals based in both Asia and Silicon Valley, Theta Labs is set to make waves in the coming years. They are backed by big names such as CAA, Samsung, and Sony wall which offer credence to positive predictions for the upcoming years. Though the market is currently bearish, the price is predicted to range from $2.47 to $5.11 on the high end for these years. As with any market, there are highs and lows, with the average of around $3.45 being a settling point for this specific time period.
Theta Network Price Prediction for 2027- 2029
The Network is enjoying backing from investors that are block-chain focused such as DHVC and Node Capital. They are also backed by several traditional investors such as the venture capital firms Sierra Ventures Fund, DCM, and several others. The confidence these investors have further bolster the price prediction models for these years. Theta prices are predicted to start out at least $5.47 at the start of 2027 as the network grows in popularity. By the end of 2029 the price could easily bottom out at $7.22.
Theta Network Price Prediction for 2030- 2033
Theta Network has been able to tap advisors such as Justin Kan who co-founded Twitch, and Steven Chen, who co-founded YouTube, among other experts. This has place them in a solid position that offers those looking to invest peace of mind in future predictions. With such big names backing the network, Theta is expected to start out at a high of just over $8, and even out around $11.45 by the end of 2033.
Is the Theta Network Bandwagon Already Over?
The main focus of Theta is currently video-on-demand services. They are also keeping their hands in other applications that are entertainment oriented. Their goal is to offer an end-to-end protocol solution for various types of data, not only video. There is still plenty of time to invest in Theta while still turning a handsome profit. The third version of their mainnet is set to launch which will include additional uptime mining for those who join early.
Disclaimer: The crypto-currency market suffers from high volatility and occasional arbitrary movements. The information listed here is not financial or investing advice. Readers should research various viewpoints and check local regulations before committing to an investment. Nothing written above is to be considered as trading or investment recommendations.