Theta network price explodes with the upcoming NFT drop!

The Theta Network is up over 23% today, making it the best Metaverse cryptocurrency. Which achieved the highest price today. But how did the price go up?

Theta Network price: the Metaverse THETA token increases by 23 percent!

Theta Network’s original THETA token is up 23.14% in the last 24 hours. Within a week, THETA saw a 44.76% price increase and is currently ranked 38th among all cryptocurrencies by market capitalization.

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The recent price increase comes amid an upcoming airdrop from NFT for the legendary show The Price Is Right, along with the recent announcement that Replay is launching the industry’s first video licensing and tracking protocol.

What is theta network?

Theta Network is a decentralized video streaming platform that offers a wide range of blockchain-enabled solutions to the problems of the traditional video streaming sector. The company behind it is called Theta Labs and they run their own streaming website Theta.tv.

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The platform offers high-quality video streaming at a lower cost compared to traditional service providers, as well as multiple incentive mechanisms for decentralized bandwidth and content sharing. Theta Network is one of the top crypto platforms in the Metaverse with a market capitalization of more than $4.2 billion.

In addition to being a streaming platform, Theta Network is also an NFT marketplace. The network is one of the leading platforms for licensed and certified NFT projections with exclusive partnerships with prominent artists.

How does theta work?

The Theta Network can be broadly compared to services like BitTorrent, where people share video content with each other – except that Theta Network pays its users to share content. The video sites themselves pay for this service, but not the end user. To pay for streaming data, the network uses a token called TFUEL. In addition to TFUEL, the referee code for Theta network plays a major role: THETA.

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THETA aims to help the community take control of the Theta blockchain and control its future direction. THETA token has a fixed supply of 1 billion tokens without inflation. One can participate in THETA tokens to get TFUEL, which has a width of 5.2 billion tokens and a constant inflation rate of 5%.

Why is theta price going up?

Two significant announcements have contributed to the recent price increase for THETA. The first is the upcoming NFT drop of a legendary show, The Price Is Right, which is celebrating its 50th season.

The Price Is Right is one of the longest-running American TV game shows to air on CBS. Such a popular show collaborating with THETA to release their first batch on NFTs will draw attention to the platform and the crypto industry as a whole.

Replay integrates the decentralized video infrastructure Theta

Another piece of news adding to the bullish momentum today is Replay’s announcement of the launch of the Web3 payment and tracking protocol. Replay has integrated Theta’s decentralized video infrastructure to launch the first blockchain-based video tracking and payments platform.

To enable creators to continue publishing and make full use of their work, Replay digitally encapsulates all ready streams with its own technology to seamlessly track video assets on the blockchain across distribution endpoints. Combined with Theta’s video infrastructure, which allows viewers to earn tokens for sharing video streams with their nearby peers, Replay’s end-to-end solution allows all users in the video ecosystem to be held equitably in exchange for rewarding their contributions.

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“Powered by RPLAY (Replay Token), the TNT-20 token on the Theta blockchain, Replay rewards consumers while offering real-time payments and liquidity to content creators and owners,” Replay announced.
RPLAY is one of the first tokens introduced with Theta’s TNT-20 standard, and we can expect many projects to use its standard.

Buy Theta Network (THETA): here you can buy THETA on capital.com:

To buy Theta Network (THETA) we recommend the broker Capital.com. Because it offers stocks, indices and the like as well as cryptocurrencies. In addition to the low fees and convenient dealing, the fact that Capital.com has a mobile app is also compelling.

1. Registration

The first step is to register with Broker Capital.com. You need a valid email address and create a secure password. You will then be transferred to your own account via a confirmation email. There you enter your personal data.

2. Top up your balance and check the account

Now the account is topped. There are many options for clients at Capital.com. Clicking the “Fill Account” button will take you to this step. For example, funds can be deposited with a credit card, instant transfer, or SEPA transfer. But cryptocurrencies can also be exchanged.

In accordance with applicable law, it is necessary to legalize the commercial offer. Verification is done fully online and is required within 15 days.

3. Buy Theta

buy theta

After successful verification, one can buy Theta Network (THETA) at Capital.com. To do this, click on the desired currency in the “Trade” menu – you can simply type Theta Network or THETA in the search bar. You can then enter the required amount and complete your THETA online purchase by clicking the buy button.

Buy theta network coin or not?

THETA has performed exceptionally well this week, with the price up more than 44%. With a market capitalization of $4.2 billion and a 24-hour trading volume of $1.4 billion, THETA is a must buy in 2022.


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Jasmine Fox is a qualified linguist and media scientist with training in information technology and information technology management. After graduating from the Trade Academy, Jasmine worked for bigger magazines and as a public relations officer at the Austrian Federal Criminal Police (BKA) before deciding to study. During her studies, Yasmine discovered her passion for finance. Since then, Jasmine deals extensively and extensively with cryptocurrencies, stocks and investment strategies. Her biggest passion is meme coins. You can also find Jasmine’s posts at https://kryptoszene.de/


Every trade is risky. There is no guarantee of winning. Any content on our site is for informational purposes only and does not constitute a recommendation to buy or sell, and this applies to assets as well as other products, services and investments. The opinions expressed on this website do not constitute investment advice and independent financial advice should be sought whenever possible.

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