Theta Price Increases Drastically in 2 Months


Staff member
The main factor in the rise in Theta was allegedly due to rumors a few days earlier, that the Theta ecosystem component, was supported by YouTube co-founder and founder of Twitch. because within 2 months Theta prices rose dramatically on March 29, 2020 Theta prices around USD 0.03343782654 Now on May 29, 2020 has become USD 0.320872. The price level is all time high since Theta was founded in 2018 ago.
According to data from CoinmarketCap May 29,2020 Theta volume $ 113,698,206 USD, Market Cap $ 279,320,212 USD, Circulating Supply 870,502,690 THETA and Total Supply
1,000,000,000 THETA.

Theta has actually formed a partnership with the Tencent Games company in November 2018. They collaborated on the development of the platform that allows the reward of Theta's crypto assets to its viewers.

Additional information is that Theta plans to enter main net 2.0. This matter, Binance who already bought Coinmarketcap, also supports the move in its exchange

And the latest news yesterday was Theta's partnership with the Hollywood film company, Metro-Goldwyn-Mayer Studios (MGM). Later several films produced by MGM will be screened on
Theta calls itself a "decentralized video streaming protocol" supported by blockchain technology. Theta platform is similar to Youtube. The difference is that all ecosystems have the opportunity to get rewarded with Theta Fuel (TFuel) crypto assets for quality content, including viewers who contribute well to their ecosystem.
One of the featured video streams today is the live broadcast of the Falcon 9 rocket belonging to SpaceX made by Elon Musk. It is said that a number of participants have the opportunity to get rewards TFuel.

Theta previously partnered with Google (owner of Youtube), launching the Stadia cloud game service. This can be interpreted as support for Theta's decentralized video business model and infrastructure. Earlier this month, it was revealed that was later pinned on the Samsung Galaxy.