Theta Price Prediction 2023-2031: Can THETA make you rich?

Theta Price Prediction 2023-2031

Theta cryptocurrency started out as a dwarf among giants with its low market cap and yet, the network grew to what it is now, no longer under the radar nor an underdog. With its unique and potentially valuable real-world use case, tied to massive growth markets such as digital media and online video games, Theta stole the thunder from higher-ranking crypto projects. This Theta Price Prediction will be your light in the dim chaotic tunnel.

The token is volatile but there is a clear long-term case for this cryptocurrency. But would this Theta price prediction be enough to convince you to include the crypto in your investment portfolio? Let’s dive deeper into the real uses of the coin.

Theta’s alliance with ONE Championship to form a new NFT marketplace is a revolutionary step for the network. ONE Championship has a distribution of 400 million users, and it currently serves more than 150 nations. At the start of September, the Theta token was favored by buyers, adding to the rising price momentum. The coin has been trading in a tight range throughout the next week, signaling a volatile market. What’s on the horizon for Theta in 2022 and the years after, according to expert analysts?

Can it make you rich though?

According to CoinMarketCap.com, Theta has a market cap of $6 billion as of this writing. There are one billion tokens in circulation and that supply is fixed. Therefore, there’s no dilution to worry about when it comes to Theta, unlike other cryptocurrencies. And if the Theta network catches on, it could become a lot more valuable than $6 billion.

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Today’s Theta Network price is $0.783751 with a 24-hour trading volume of $18,832,945. Theta Network is down 4.22% in the last 24 hours. The current CoinMarketCap ranking is #49, with a live market cap of $783,751,344. It has a circulating supply of 1,000,000,000 THETA coins and a max. supply of 1,000,000,000 THETA coins.

Theta Labs, the company behind the project, was recently awarded a patent for this decentralized CDN concept. Potential competitors to Theta, therefore, have a serious hurdle to overcome.

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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 the 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. 

What does 2022 hold for Theta?

2022 continues to look bright for Theta, with the Theta developer community looking to capitalize on the support already in place for the third-party development community. Also, the community aims to expand on it. This year, they have projects lined up, and said projects are expected to bolster Theta’s growth, expansion, and adoption.

Projects like HarkTV, ThetaScan, ThetaNext, and upcoming Theta Hackathons are expected to aid the development of the token.

They are also included in the WEB 3.0 project; they are many apps that will help launch a decentralized web economy. The Suite tools, such as the Ethereum-compatible RPC API suite and Metamask integration, are also expected to help drive up the price of the Theta token in 2022 and in the years ahead.

Partnerships with the Theta network 

Theta Network continually looks to acquire partnerships that will bolster their popularity and help them gain more awareness, particularly in the Hollywood studios. They announced a partnership with Junkin Media on 17th Dec 2021 for blockchain video delivery and NFTs.

Before that, Theta announced a media partnership with Fuse media on 11th Nov 2021. The partnership will help with NFT campaigns on ThetaDrop.

Theta Network also announced a partnership with meter.io on 9th Oct 2021. The partnership is expected to aid the transfer of assets securely across blockchains.

They have also partnered with artists like Katy Perry in the NFT campaign on Theta drop for the music industry.

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.

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. 

What about the 7 Billion?

7 Billion market cap might seem high but it really isn’t when you understand that 100% of the total tokens are already released (something almost all other cryptos in the top 50 can’t say) so the market cap is based on the FULL supply not a portion of released supply like most crypto which is noteworthy and it also has a cap on total supply (which again a lot of cryptos do not).

Almost 60% of all Theta is currently staked (will grow over time to the point that even trying to get Theta will be extremely hard), and the uses for the Theta token beyond just staking will be added to give the token even more use-cases and value over time. Furthermore, the reward for staking Theta is not the Theta token itself but ThetaFuel (aka Theta itself isn’t inflationary).

To avoid the gas token ThetaFuel from becoming too inflationary and to incentivize people to want to hold the token instead of just selling it they are letting people stake ThetaFuel as well, and on top of that are burning tfuel to help negate inflation (more burning the more the network grows).

Theta Technical Analysis

Theta token has been hovering around a highly uncertain zone since its price plunged hard in November, and now the bearish trend has been sent to a death spiral following the recent market turmoil accelerated by the collapse of the popular crypto exchange FTX. However, the developing team behind Theta promises an overwhelming future despite current market hurdles. Moreover, the Theta community looks promising about its expected future potential as the token registers a significant recovery rally in the price chart. Our Theta technical analysis aims to bring an in-depth analysis of the current price trend with advanced technical indicators to help you decide on a profitable investment plan. 

Theta Price Prediction 2023-2031: Can THETA make you rich? 1

Observing the 1-day price chart of Theta, the token is poised to flash a solid bullish momentum after a minor downward retracement to 23.6% Fib retracement in the upcoming days. Theta has witnessed a noticeable price fluctuation this year and brought an immense bearish wave after coming across a massive selloff brought by whale investors after being forced into a FUD situation caused by the recent market turmoil. Theta began its bearish trend after making a fake breakout near its fundamental resistance level of $1.3 on 4 November.

According to CoinMarketCap, the current Theta price trades at $0.8, with a downtrend of over 3% from yesterday’s price. After making a low of $0.8, Theta formed support below its 0.31 Fib levels from its current price level. In the last few weeks, the crypto asset has made a significant recovery momentum in the altcoin market, but now it has vanished as the RSI-14 is slowly heading toward the South after getting rejected at a bullish region of 49 and is currently hovering around a downside territory of 34. However, Theta seems to decline more in value as it forms a falling pattern and continues to trade downward, with a drop of 10% in the last week. The BoP indicator trades in a slight negative region of 0.56, which may soon ignite a severe downward correction for Theta before sparking a bullish surge. However, the crypto market is expected to make a bullish mark by the end of 2022 as the community comes across positive news with enhanced features. 

Theta Price Prediction 2023-2031: Can THETA make you rich? 2

Our Theta technical analysis states that the market’s current downturn will soon be wiped out after a prolonged effect on multiple altcoins. Bulls are building intense buying pressure in the Theta price chart, which may send this digital asset to a resistance level near the EMA-50 trend line at $0.931. Additionally, the MACD line attempts to hold its momentum near the signal line as it trades parallelly for several days. The Bollinger bands are widening in the price graph as the lower limit is at $0.67, acting as a critical support level. If Theta drops below $0.5, it can plunge hard and trade near the bottom level of $0.32. Conversely, the Bollinger band’s upper limit is at $1.03 near the EMA-100 trend line, above which Theta may skyrocket to its next resistance level of EMA-200 at $1.4. It is anticipated that Theta can retrace the downtrend to retest its support level at $0.7 before making any further upward movement to new highs by the end of 2022.

Theta Price Prediction By Cryptopolitan

Despite the current economic downturn in the cryptocurrency market, Theta still manages to attract the masses due to its volatile nature and overwhelming roadmap. The cryptocurrency market has faced multiple ups and downs this year, but the market has somehow stabilized in the last few weeks. Theta coin is currently trying to make its way back up, where the unpredictability of the token makes it famous in the community. The Theta Network (THETA) is a next-generation media and entertainment-focused blockchain which has shown immense potential this year and aims to touch new highs in the new year. The increased adoption of the web3 video platform has increased THETA’s dominance and market value over time. The crypto asset made a new high in the market during the 2021 bear rally and is anticipated to experience a similar surge in the coming year after its severe price dump in 2022. 

Theta Price Prediction 2023-2031: Can THETA make you rich? 3
Year Minimum Average Maximum
2023 1.24 1.28 1.48
2024 1.84 1.89 2.18
2025 2.68 2.75 3.20
2026 3.75 3.88 4.62
2027 5.33 5.48 6.40
2028 7.85 8.12 9.25
2029 11.7 12.03 13.95
2030 17.92 18.53 20.99
2031 25.99 26.92 31.12

Theta Price Prediction 2023

In 2023, Theta cryptocurrency’s price will reach a maximum level of $1.48, with an average trading price of $1.28 and a minimum price of $1.24.

Theta Price Prediction 2024

Theta may skyrocket to an astronomical high as it is projected to touch a maximum price of $2.18. According to our technical analysis, Theta’s price might consolidate and record a low of $1.84 with an average price of $1.89.

Theta Price Prediction 2025

In 2025, it is expected that the maximum trading price of 1 Theta token will be worth $3.20. The average Theta token price is expected to be around $2.75 in 2025. Theta’s price can touch the bottom at $2.68.

Theta Price Prediction 2026

The Theta platform is constantly getting partnerships and expanding its offerings to different sectors, which can bring a potential high of $4.62, with an average trading price of $3.88. It is anticipated that the Theta price will register a low of $3.75.

Theta Price Prediction 2027

Theta may experience a bullish altcoin market and show its actual potential as it is projected to touch a maximum price of $6.40, with an average trading price of $5.48. However, a low Theta forecast is $5.33 by the end of 2027.

Theta Price Prediction 2028

In 2028, Theta token holders may be rewarded with a fruitful return as the price of Theta is expected to reach a maximum level of $9.25, with an average trading price of $8.12. However, our technical analysis reveals that Theta may reach a minimum value of $7.85.

Theta Price Prediction 2029

Our Theta price prediction states that it is anticipated to hit a maximum level of $13.95. The average price of the Theta coin is predicted to be $12.03, with a minimum price of $11.70.

Theta Price Prediction 2030

The crypto market may soon pull out from the current bearish trend as several experts are optimistic about Theta’s future price. In 2030, it is expected that the Theta token price may witness a massive pump as its maximum value may be around $20.99, with an average trading price of $18.53. Theta may touch a minimum value of $17.92 if it retraces downward.

Theta Price Prediction 2031

Theta is poised to bring a bullish wave to investors’ crypto portfolios as the token has a bright future with solid fundamentals. The price of Theta is projected to reach a maximum value of $31.12, with an average trading price of $26.92. The minimum trading price of Theta is predicted to be $25.99 by the end of 2031.

Theta Price Prediction By Wallet Investor

According to Wallet Investor’s Theta price forecast, Theta coin can turn out to be a bad investment option if invested in both the short and long term. According to their technical analysis, Theta may witness a potential bear market as it can touch an average trading price of $0.123, with a minimum value of $0.0617 and a maximum value of $0.185 in 2023. The website further predicts that the death rally will continue till 2027 as the Theta token may hit an average price of $0.0897, with a minimum value of $0.0448 and a maximum value of $0.134.

Theta Price Predictions By DigitalCoinPrice

DigitalCoinPrice remains bullish on Theta price prediction as the website predicts that the Theta network cost is expected to surpass the level of $1.72 in 2023. By the end of the year, Theta Network is expected to reach a minimum value of $1.70. In addition, the THETA price is capable of attaining a maximum level of $1.93. In 2028, THETA is expected to trade above the level of $5.53. By the end of the year, Theta Network may reach a minimum value of $5.36. In addition, the THETA price is capable of securing a maximum level of $5.79.

Theta Price Prediction by Trading Beasts

Trading Beasts’ Theta forecast analyzes a profitable future for the Theta token as the digital asset is projected to make an immense price growth and hit a forecasted trading price of $1.0871708 by the beginning of January 2023. The expected maximum price for Theta is $1.3589635, with a minimum price of $0.9240952. The Theta Network price prediction by the end of January is at $1.0871708. In 2025, Theta may touch a minimum price of $1.7245634 and a maximum price of $2.5361227, with an average trading price of $2.0288982. 

Theta Price Prediction by Industry Influencers

The highly volatile nature of Theta in the last few weeks has created confusion among investors in deciding the appropriate investment decision. However, the Theta community is bullish on its future price as it predicts a surge of up to $100 by 2025. A popular crypto strategist, Crypto Academy from TradingView, predicts that Theta may touch a high of $120 in 2024. 

Conclusion

Netflix, Hulu, and Amazon Prime are big giants that have played well in today’s global video streaming industry. Now Theta, a blockchain-based software protocol and cryptocurrency platform aims to shape the decentralized video-streaming network that could disrupt those models.

With Theta, computers on the network can utilize their combined power for faster speed and efficiency in video streaming. This innovation, in a decentralized way, may help reduce the cost of content delivery. Theta’s open-source, decentralized blockchain network may meet the expectation of the growing demand for quicker and better-quality live streaming services.

Blockchain technology could potentially revolutionize the systems designed by current industry leaders. But the rise of Web3 technology introduces ample new factors that make it hard to predict who the leaders will be in the future and the question remains unanswered: Will Theta network be the next web3 streaming platform? Do your own research and seek good investment advice before investing in the market. 

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