Theta Price Prediction: NFT Marketplace

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.

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 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. 

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. 

1. 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.
2. 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. 
3. 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. 

Theta Price Prediction 2022 – 2025

Expert Theta price predictions for the next few years are based on several factors, including trading volume, market cap, and annual starting prices. Th y forecast a maximum price or minimum price depending on how they think it will trend during the coming years and what has happened over the last few years. Additionally, average prices over the years can play out as crucial technical indicators when forecasting the direction of a financial instrument. 

Trading analysts can use the information to nail down a lower and upper limit within which the price will vary in their forecasts. No, let us look at the following detailed prediction for Theta Coin. 

Theta coin price prediction 2022

There are predictions that THETA is poised to rise even the next year similarly, e.g., 2022. Fo lowing its trending pattern against USD, especially trading within a symmetrical triangle on the hourly chart, the coin could be surging parallel with the same bullish trendlines between the $25-$30 range. Lo g-term visual analysis of the THETA chart shows it could be due for a solid bullish rally as soon as next year.

Theta price prediction 2023

Going by shorter and longer-term theta price trends in the crypto price forecast, the likelihood of Theta coin experiencing some resistance this year between $20 and $25 is high. Ho ever, the downward correction will precede a climb back to $40-$42. Ho ever, by 2023, Theta hopes to retest its all-time high at $50-$52.

Theta price prediction 2024

Bulls are set to drive the next crypto market wave. Theta proponents will again anticipate THETA to rule the cryptocurrency kingdom with a $60 price. Th s performance indicates THETA price has the potential to grow consistently and even wield enough stability to survive adverse bearish conditions. Ma ng it clear that the possibility of profits is not absolute, with predictions from market observers such as Coinpedia, which states  THETA price will override weaknesses and perform at $50 by 2024. 

Theta price prediction 2025

While 2020  saw a big recession for major global economies, most agree that this is not predicted to be a trend for years ahead, observing the recovery trajectory witnessed in 2021. The next few years are marked as an interval of light recovery around the curve, and by all means, it is assumed that THETA price will increase with every passing year. 2025 might be the benchmark year for the coin price, and most analysts agree theta price will be pegged near $70. 

2025 and beyond

Serious investors should focus their investment goals on the long-term benefits of THETA as it matures, even if the market value does not see a dent for some time. In twenty years, THETA will need to command a significant share in the cryptocurrency space and can still grow exponentially despite now being considered “naïve. Inves ing in cryptocurrency for the long term is more lucrative than quick profits. Investors must show patience and hope for THETA adoption to take a turnaround by and after 2025.

When the coin was first launched in 2018, its price floated around $0.10 for a while. However, last year in May 2020, Theta price broke $0.20 for the first time, and by December 2020, it had already surpassed $1. Everyone knows that the THETA price soared to more than $15 in April 2021. In 20 0 alone, Theta witnessed a growth trajectory of 283 percent within one month. 

Effects of China crackdown

With the heightening cryptocurrency crackdown in China in the last few months, Theta’s total price and volumes have declined. The C nese government recently forced all mining operations to exit the communist nation, which created even more pressure for market prices and led to a spillover effect for Theta and other cryptocurrencies. Meanwhile le, the Theta price fell from relative highs around mid-May. 

Nonetheless, Theta price looks promising for the long-term professional investor, and network proponents are counting down ahead of the upcoming mainnet three launches. This will introduce TFUEL staking and uptime mining to penetrate the DeFi and NFT industry further. Besides, the general long-term perspective for future years also seems promising as streaming video is here to stay. 

The decentralized content streaming network is planning to deploy the beta phase of its infrastructure, with its primary goal being to deploy a thriving video streaming ecosystem.

Experts Theta price prediction 

The Theta coin price has been falling in value since April 2021 and is currently (as of August 2021) trading at $6.63. The price bounced off the 20 and 50 periods EMA, but the MACD and RSI still indicate a bearish trend for this coin’s current price.

Wallet Investor Theta forecast

Wallet Investor has its 2026  forecast as $91.393 based on trends from previous years. An investment of 5-years on the current price will bring an estimated profit of +770.91%.

Theta Subreddit Theta price forecast

THETA price may be in recovery mode by the end of 2021, and its long-term success as a financial instrument is projected to follow a stable trajectory towards $20. 

Crypto Ground price prediction

Based on their finding, Cryptoground suggested THETA price short-term rallies and long-term gains are likely to have the price pegged at $17 by the start of 2022. The second half of 2022 could see the coin test areas around $25.

Long-term Technical Team price predictions

The future of the content streaming coin is promising. However, it could get marginally disadvantaged, but the bullish sentiment could drive Theta price back to an uptrend in 2024.  

Trading Beasts Theta price analysis

According to their research, Trading Beasts insinuate Theta price has seemed very stable so far and should easily be able to reach $17 by 2022.

GOV Capital price prediction

If Theta token price follows predictions, it will decline throughout 2021. However, 2022 should see some recovery with a low of $8, seeing an increase in Jan 2023 onwards.

Coinswitch price forecast

Coinswitch asserted that predicting the Theta price in a few months to a few years is complicated and unclear. Everyth ng from human error, market volatility, or natural disaster has a significant impact on the future price of Theta coins. However, the analysts noted that as more projects are completed this year, and testing begins for new ones–and assuming nothing wrong happens- investors could anticipate a bullish trendline to $22 or a Theta price equal to the Q1 rally.

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. 

FAQs about Theta

1. What’s the future of THETA? – THETA is one cryptocurrency with significant potential given its strong technical groundwork and utility. Blockchain usage and content streaming will only continue to grow, meaning more companies will rely on the network to meet their user demands for qualify streamed content. 
2. Is  THETA a good investment? – Whether you are thinking about buying or selling Theta, the old adage “buy low, sell high” is always a good idea. Have a good strategy, and determine whether you should open positions long or short term.  Conduct your due diligence and always invest what you can afford to lose. 
3. Is THETA legitimate?  – There is a very strong argument to be made for the legitimacy of THETA  in terms of its healthy ecosystem., developer team, and credible, well-researched whitepaper.   Therefore rest assured that  THETA is not a scam.
4. Where to buy THETA? –  THETA is available at major cryptocurrency exchanges, including Binance, as well as major virtual asset marketplaces. Once you have your trading account set up at one of the exchanges that trade THETA, you will need to transfer Bitcoin (BTC) or ETH currency from Coinbase to that specific exchange. This is done via a wallet system.
5. What caused THETA’s recent bull rally? – The credit for the recent THETA increase is due to investors’ faith in the asset. Additionally, it appears on an exchange and performs well – this attracts more investor interest and results in a sustained up-rise.