Theta Fuel Market Cap Reaches $341.32 Million (TFUEL)

Theta Fuel (TFUEL) traded up 6.4% against the US dollar during the 24 hour period ending at 20:00 PM E.T. on August 5th. Theta Fuel has a total market cap of $341.32 million and approximately $25.91 million worth of Theta Fuel was traded on exchanges in the last 24 hours. One Theta Fuel coin can now be bought for about $0.0644 or 0.00000277 BTC on cryptocurrency exchanges. During the last week, Theta Fuel has traded up 7.9% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Avalanche (AVAX) traded up 6.9% against the dollar and now trades at $24.94 or 0.00107139 BTC.
  • NEAR Protocol (NEAR) traded 15.8% higher against the dollar and now trades at $5.11 or 0.00021935 BTC.
  • Cronos (CRO) traded 3.4% higher against the dollar and now trades at $0.15 or 0.00000632 BTC.
  • Algorand (ALGO) traded up 6% against the dollar and now trades at $0.36 or 0.00001531 BTC.
  • Hedera (HBAR) traded up 5.4% against the dollar and now trades at $0.0759 or 0.00000326 BTC.
  • Elrond (EGLD) traded up 6.2% against the dollar and now trades at $62.30 or 0.00267585 BTC.
  • Helium (HNT) traded up 3.2% against the dollar and now trades at $8.96 or 0.00038479 BTC.
  • Kava (KAVA) traded up 3.4% against the dollar and now trades at $2.18 or 0.00009374 BTC.
  • TerraClassicUSD (USTC) traded 0.9% higher against the dollar and now trades at $0.0336 or 0.00000144 BTC.
  • StoneDAO (SDT) traded 2.7% lower against the dollar and now trades at $0.13 or 0.00000575 BTC.

Theta Fuel Profile

Theta Fuel (CRYPTO:TFUEL) uses the hashing algorithm. It launched on March 15th, 2019. Theta Fuel’s total supply is 5,301,214,400 coins. The Reddit community for Theta Fuel is /r/theta_network and the currency’s Github account can be viewed here. Theta Fuel’s official Twitter account is @Theta_Network and its Facebook page is accessible here. Theta Fuel’s official website is www.thetatoken.org. Theta Fuel’s official message board is medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e.

According to CryptoCompare, “The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high-resolution high bitrate 4k, and 8k. Second, with sufficient network density, the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues “

Theta Fuel Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Theta Fuel directly using U.S. dollars. Investors seeking to acquire Theta Fuel should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Theta Fuel using one of the aforementioned exchanges.

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