Probably each old stager in the crypto market has heard about Theta platform, an end-to-end infrastructure for decentralized video streaming.
What it THETA FUEL (TFUEL)?
TFUEL is the gas of Theta protocol, which was created simultaneously with the Mainnet launch in the middle of March 2019. At the moment, it is used to pay for transactions. It future, the token will be applicable in smart contract deployment & operations. Moreover, TFUEL is a currency for microtransactions (for paying video relayers). Users of the network can earn TFUELs for video stream they share to others. Also, the token was distributed among Theta holders in 1:5 ratio.
May 24, 2019, the token sparked approx. 180% pump amidst Binance listing, reaching all-time-high – $0.02079 according to Athcoinindex website. However, then its price somewhat stabilized for a while and began to decline.
Theta Fuel Price Prediction
It seems the price of this coin will be inordinately dependent on the value of Theta Token and the development of this platform.
Forecasts on specialized websites are divergent. For instance, according to Walletinvestor, it price will decrease to 0.01060 USD in 1 year. However, Digitalcoinprice claims that it will grow up to $0.07228947. We recommend you to get acknowledged with our Theta price forecast to make general conclusions about this network and its development prospects. Our team believes that the platform has a promising future. So it would be a good decision to buy some THETA and/or TFUEL to hold in mid or long-term.
Disclaimer. Please treat this article as just informational source, not as a call to invest or trade. Crypto trading is always a risky activity so be heedful not only of your intuitions but also of fundamentals and technical analysis.