Future of Theta coins price in the crypto market
THETA is above $1.17 and is the 41st largest crypto asset in terms of market capitalisation. It has increased in the last year and is listed on the major cryptocurrency platforms, though it has also drastically decreased in the past few months.
Large wallets control Theta coin price
THETA has attracted attention rom large companies. Its partnerships with Google, NASA, Samsung, and other high-profile companies have helped to raise awareness of the project. Google even powers the network's infrastructure. It also lets users become nodes running the network.
To purchase THETA, you must make a fiat deposit on an exchange. Ensure you find a reliable and secure platform that uses multiple layers of security. These platforms often have encryption, insurance, and offline storage.
In addition, you should enable two-factor authentication to protect your account. Moreover, using a strong password that you change regularly is best. Also, you should verify the emails you receive.
Theta has massive potential as a disruptor in the live streaming industry. Content delivery networks rely on geographic boundaries and struggle to meet the growing demand for high-quality streams.
Theta's global network of users provides an opportunity to eliminate this bottlenecking problem, which is called the "last mile" by experts. The users benefit from a global infrastructure that delivers high-resolution, high-bitrate streams.
Demand for governance rights
The demand for governance rights is a significant factor impacting the coin price. The popularity of video streaming services has also been an essential factor in the rise of THETA. However, while these factors have contributed to the cryptocurrency's recent growth, it's important to remember that these are not sustainable levels.
In addition to the token itself, the network is decentralised. The coin governance system runs a network of validator nodes and Guardian nodes. THETA Labs must approve each validator to operate on the web, and an open-source platform is also an excellent place for developers to build DApps.
THETA has established several partnerships with high-profile companies and organisations in the crypto world. Its partnership with Google, for example, has helped raise its profile and value in the cryptocurrency world.
Future of THETA coin
The future of the coin price is determined by its projected costs for the next five years. This is based on the predictions of digital currency experts. They look at historical price data and project its maximum and minimum prices. While price predictions are not foolproof, they are usually accurate reflections of future prices.
THETA has strong partnerships with many companies and is expected to grow in price, like Bitcoin. It has partnerships with Google, Samsung, and Sony. It has also entered the decentralised video streaming space. The video streaming industry is expected to grow at 20 percent per year.
THETA partnerships with these companies will only help the token's price. Investors should not rush into investing in Theta. Its price is currently in a bearish trend. Nevertheless, it has the potential to recover and break out of this downtrend. The price could reach as high as $5.656 by 2024.
Author: Hassan Alzaza
My Name is Hassan Al-Zaza, I am a detail-driven and experienced SEO Content Writer living in Germany with over ten years of experience developing and producing top-notch content. I have a Bachelor's degree in English Language and Literature and a Master's in Business Communication. I have been working for 12 years in marketing, Content Writing, and ad Copywriting across SMEs, corporate, and public sector organizations in the EU and the Middle East region. I helped build brands for a wide range of successful companies from IT and software consultancies to the finance industry, tourism, and retail.