Theta Price Prediction for 2022, 2025, 2030
03 Jul, 2022
Theta Price Prediction
You’ve probably heard of Theta Network, the innovative blockchain-based video delivery network being developed by the SMLY team to enable next-generation peer-to-peer video streaming and reduce costs across content distribution networks like Youtube.
But how will this project fare in 10 years? In this article, we’ll predict the future price of the Theta coin and draw some conclusions on whether it would be a good investment or not.
What Is Theta Cryptocurrency?
Theta is a decentralised video delivery network, powered by users. Users contribute their idle bandwidth, storage, and processing power to deliver low-latency, high-quality video streams.
Theta tokens (THETA) are used to reward users who relay video streams and provide other services that enable the operation of the network. They are also used as access fees when consuming content or subscriptions on Theta blockchain applications such as SLIVER.tv.
The Theta Network team includes streaming broadcasting experts with over 30 years of experience, as well as highly trained personnel in blockchain technology, digital assets, and strategic and technological growth.
Big names like Samsung and Sony can be found among the partners, while personalities like Steven Chen, co-founder of YouTube, and Justin Chan, co-founder of Twitch can be found among the advisers.
What Is Fuel Cryptocurrency?
Fuel is an ERC20 token built on top of Ethereum which will be required in order to use dApps developed using Theta Labs’ SDK. It is also required for peer-to-peer transactions in Theta Network ever since the coin was launched.
By purchasing fuel from others with THETA, developers can monetize their application or service without requiring end-users to purchase THETA directly from exchanges if they do not want to hold THETA themselves.
This allows developers to focus on building great experiences instead of acquiring customers.
As more people join Theta Network and become active users, demand for THETA should increase because there will be more people transacting across the Theta Network. As demand increases, so should the price.
See Theta Fuel Price prediction here.
How to Buy Theta Coins
As of now, you cannot buy Theta directly. Thus, to acquire Theta coins, you must complete the following steps:
First, acquire another cryptocurrency; for example, you can buy Ethereum (ETH) as it is an ERC20 token
To buy the crypto, either use a cryptocurrency exchange or create a wallet and buy ETH directly through a service like Coinbase
Once you have ETH, you will be able to purchase Theta tokens on exchanges such as Binance or KuCoin
Store your Theta coins in any desktop or mobile wallet compatible with Ethereum-based tokens, for example, MyEtherWallet (has great accessibility and a user-friendly interface)
You can also choose to store your Theta coins offline using a hardware wallet like Trezor or Ledger Nano S. While some people may opt to hold their Theta long term, others may choose to trade them. To do so, sign up for trading accounts on popular exchanges such as Bittrex or Poloniex.
Theta Price History
A project called Silver.tv was established in 2015. It was well-funded, and in the meantime, a video-streaming service was also launched. THETA tokens were first offered for sale in 2017. Tokens were added to the Silver.tv platform the following year.
Theta’s initial coin offering (ICO) ended on January 4, 2018, with the project raising the $20 million target. The THETA token was first priced at $0.1117. There were 750 million coins produced in total.
It was first listed on CoinMarketCap on January 17, 2018, with an initial price of $0.15. Since its launch, Theta Token experienced steady growth in both value and popularity. In its first year of existence, it reached a peak market cap of just over $1 billion.
As of May 2019, that figure came close to $150 million. At that time, it ranked among some of the most valuable coins in existence (at more than double Ripple’s market cap). However, since then, Theta Token’s price started decreasing steadily in recent months.
At the start of 2020, the price of Theta fell to $0.122. By the end of the year, however, it had recovered to $1.61. It peaked at $13.40 in April 2021 after which it fell again and fluctuated heavily.
This can be attributed to a number of factors, including an overall decline in cryptocurrency prices across the board. It also may have something to do with Theta Token’s failure to achieve widespread adoption or clear use cases.
To better understand whether you should invest in Theta or not, keep reading to see our price predictions for the upcoming years.
Theta Forecast for Long Term
The future of the THETA coin’s price is questionable. Some analysts believe it will climb, but the time and consistency are unknown.
If you own Theta currently, it’s best to wait out 2022 before selling. Some investors even believe it's a great time to buy more since the market has hit a new low and can only go upward from this point on.
According to certain experts, THETA can reach even 100 USD by the end of the decade, but none believe that it can go higher than this. While the price projections for the THETA coin are hopeful, it is worth noting that it may take some time.
It is also important to note that crypto forecasts are frequently incorrect, so if you own THETA, you will likely have to be patient if you want to earn anything in the long run, and that too is not guaranteed.
Theta Price Prediction 2022
Here is a comparison of what industry experts expect Theta to be valued at by December 2022:
Crypto Ground: Forecasted a price of $5.72 by December 2022 using their own algorithm
Trading Beasts: Predicts a price of roughly $4.87912 by year-end, which is contradictory to Crypto Ground
CryptoNewsZ: Forecasts that this coin will peak at $4.63 in 2022. The THETA price is expected to reach $3.16 before December 2022, according to coin price predictions.
Wallet Investor: Anticipates a bearish trend for the rest of 2022, with the price of Theta remaining under a dollar in the second half of the year
As you can see, despite using various prediction tools and algorithms, each platform has a different outcome. Thus, it’s best to look at long-term trends to see whether the coin will be worth the investment or not.
Theta Crypto Price Prediction 2025
Several pundits believe that the year 2025 will be a good year for Theta Network. The world economy will most certainly recover from the effects of the Covid-19 pandemic in that year, allowing for widespread acceptance of Theta remedies. Here’s what they have to say:
CryptoNewsZ: Forecasts a maximum THETA price of $7.30 in this scenario.
Gov.Capital: Predicts that the price of this coin can reach $36.433 in 2025.
Digital Coin: Anticipates a maximum THETA price of $6.71 by the end of 2025
Coin Price: Predicts a high of $4.96 by the year-end
Theta Price Prediction 2030
Unfortunately, due to the ongoing volatility of the crypto market, experts have not yet come up with a price prediction for the Theta coin 8 years from now. Because of the unpredicted fluctuations, it is best to wait until the market is stable in order to make accurate predictions.
Should You Invest in Theta?
Theta Fuel seems to be on everyone’s radar right now, but is it a good time to buy? It’s difficult to tell. The developers are saying that in less than ten years, you could make $1,000 off of your investment in Theta Fuel.
However, there are also a few reasons why you might not want to hold onto your Theta Fuel or invest in it at all:
You can get better returns by investing in other, well-established cryptocurrencies such as BTC or ETH
Theta Fuel doesn’t have any real-world use cases yet and may never have any real-world use cases. If it doesn’t ever have any real-world use cases, then what exactly will its value be based on?
Despite these negative aspects of Theta’s price prediction, it's hard to rely on them since the entire crypto market has been crashing in recent months. As of June 2022, Bitcoin crashed heavily and is worth only $25,000, almost half of its peak price.
What is the Future of the Theta coin?
Theta price prediction is something that has proved to be very difficult to achieve over time as there have been numerous FUDs, creating a sort of uncertainty concerning how things will go.
However, with careful research, it has become easy enough to understand what is going on. For starters, we can see that Theta Fuel price prediction is something that has attracted a lot of people’s attention and interest due to its listing on Binance, one of the globally leading crypto exchanges.
Thus, Theta can be a profitable investment option. Theta price was equal to 2.427 USD at the end of 2017. Our current Theta price prediction of $1000 for the end of 2022 is 1400 coins, which means that for 1000 USD you can purchase 1400 THETA coins.
Please remember that this article's information is not intended to be financial or investment advice. Excluding current statistics, the data included in this article is entirely opinionated and should not be construed as trading or investment advice.
The cryptocurrency market is characterised by high volatility and erratic moves, due to which we make no representations or assurances about this material's completeness, accuracy, or reliability.
Before committing to an investment, any investor, trader, or frequent crypto user should examine numerous perspectives and become familiar with all available resources at hand.