Theta Fuels is the digital fuel for the Theta Network which is a type of CTV and video streaming platform. The main application of the Theta network is that it enables people to share their extra internet power to strengthen the network and help video streams better.
Do you wish to know more about Theta Fuel? We will provide a direct impression about the token and make it very easy for you to understand, make a virtuous investment decision, and also have an insight into the price prediction on Theta Fuel in the future.
What is Theta Fuel (TFUEL)
Theta Fuel is a video streaming Network backed by individuals, not corporations. It gives rewards to the users for sharing surplus bandwidth and for distributing their computing power to help others provide improved quality video content to end users.
Theta refers to itself as the leading blockchain-decentralized cloud for AI. Theta’s network consists of a dual token design, one of which is the main governance token, the Theta Token, and the secondary operational token known as Theta Fuel.
Theta Fuel is the gas token that is used for all ventures on the network including payments, distribution, and fees for NFTs as well as DeFi applications. It was blessed with five billion tokens when Theta first launched and its supply increased every year. At present, there are over 6.5 billion TFUEL tokens in circulation.
Market cap: $653,361,576
24 hour trading volume: $8,982,463
Categories: Theta Ecosystem, Proof of Stake (PoS)
Key Factors of Theta Fuel (TFUEL)
- TFUEL provides power for the Theta Network. When you watch a video and share it with others, it helps the video reach more people which makes videos load faster and clearer for everyone even if they live in places where the connection is not good.
- If you share the internet power on Theta, they are rewarded with the TFUEL.
- Theta nodes are small workers on the Theta network that make sure everything runs right. There are two main nodes, Guardian nodes and Edge nodes. Guardian nodes help make sure all transactions and video shares are done while Edge nodes help share the videos if you are sharing your internet power with Theta.
- TFUEL can be used to tip one’s favorite content creators on the Theta Network, directly supporting them and making them ensure that they can continue making the content.
- TFUEL can make you an active member of the community since you can participate in various network activities, and governance for community events connecting with others who share their interests.
Future Price Prediction of Theta Fuel (TFUEL)
At the time of writing this, TFUEL is trading at $8,982,463 for the last 24 hours.
As per our analysis and market trajectory, we have made a seven-year price prediction of TFUEL until 2030. Check out the seven-year future prediction of Theta Fuel:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $0.6213 | $1.06 | $1.49 |
| 2025 | $1.14 | $1.81 | $2.49 |
| 2026 | $1.74 | $1.99 | $2.24 |
| 2027 | $0.7953 | $1.19 | $1.59 |
| 2028 | $1.09 | $1.54 | $1.99 |
| 2029 | $1.89 | $3.18 | $4.47 |
| 2030 | $3.98 | $4.72 | $5.47 |
Where can you buy Theta Fuel (TFUEL)
Crypto exchanges are platforms used for buying, selling, and converting different cryptocurrencies. The top exchange to buy Theta Fuel is Binance, with a trading volume of $5,499,691 in the past 24 hours. You can also explore popular options like BingX, XT.COM, KuCoin, UPbit and Crypto.com.
How can you buy Theta Fuel (TFUEL)
Follow the steps below to buy your Theta Fuel token.
Step 1: Choose a reliable and trustworthy crypto exchange that helps in the purchase of TFUEL. You need to consider the ease of use, fee structures and supported payment methods while choosing the crypto exchange.
Step 2: Sign up or register by entering the required information and setting up a secure password. Enable 2FA using the Google authenticator and other security and privacy settings to enhance the security of the account.
Step 3: A secure exchange will often ask to complete KYC verification. Data required for KYC will be different based on your nationality and region. Users who pass the KYC verification will have access to more features and services on the platform.
Step 4: Follow the rules and instructions provided by the exchange to add a credit card, debit card, bank account, or other payment options. The details you need to provide may vary depending on each bank’s security requirements.
Step 5: Now, you can buy your TFUEL token.
Congratulations on your purchase to a brighter future.
Is Theta Fuel a credible investment?
Theta can differentiate itself enough through its products and services. It has a very powerful team, partnerships, and industry collaborations. This coin could really witness some serious growth but it has to keep an eye on its streaming fees.
At the end of the day, if it is now a more affordable alternative to the existing centralized models, it is not going to be adopted because users always go for cheaper and standard platforms. As per the analysis, Theta Fuel appears to be a credible investment.
It is mandatory to thoroughly investigate the nature of the crypto market and the token before investing.
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