THETA surpassed $1 today and it's total market cap has passed $1 billion. The cryptocurrency has had an amazing run throughout 2020. The price looks somewhat extended right now with $0.80 looking like a more appetizing entry point for newcomers. $0.80 is where the 8 EMA is resting at the moment and we can expect a contraction to somewhere close to that price level after such a monster move.
Once the dust settles around the $0.80 mark, I wouldn't bet against another expansive move for Theta.
Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis.
Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet earlier this month. Smart contract funcionality open up a whole new set of user experiences and new attribution models for DApps built on the Theta network
Also, the team announced the next generation Theta blockchain: Theta Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning.
We are +730% on this trade and remain bullish on Theta.
Once the dust settles around the $0.80 mark, I wouldn't bet against another expansive move for Theta.
Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis.
Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet earlier this month. Smart contract funcionality open up a whole new set of user experiences and new attribution models for DApps built on the Theta network
Also, the team announced the next generation Theta blockchain: Theta Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning.
We are +730% on this trade and remain bullish on Theta.