This Theta price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of the blockchain-based video streaming platform of Theta has the potential to reach anywhere up to $39 per token between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Theta.

“When streaming came out years ago I loved it. I loved having an audience, I loved chatting away and looking at a live chat and now on Twitch you can actually get a career at it.”

– Limmy

News about Theta

During the lockdown, the world saw a boom in live streaming of everything from concerts to sports events that people were unable to attend in person. However, the quality was often poor and suffered from buffering due to current technology struggling to keep up with demand.

However, there was an alternative that many people started to discover called the Theta Network. This is a project that connects a global network of users who offer their spare bandwidth and other resources to help stream videos. The end result is often high-quality streams with much less buffering.

Due to the demand for such a service, the price of Theta rose significantly. But are you wondering if it’s too late to start investing in it? You’re not alone, many people are curious about whether investing in Theta now is a good idea. I was one of those people until I began to use a range of factors to research the future price of Theta such as:

  • Price history
  • The latest legislation 
  • Prediction strategies 
  • Expert analysis
  • New investors

By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Theta. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.

But what does the future hold for investors who get on board now? Will it rise even further? Our Theta price prediction aims to answer all. But first, let’s start with just what this crypto network actually is and how it works.

What is THETA?

What is Theta?

The Theta Network was founded in 2017 by Jieyi Long and Mitch Liu. Long is a businessman with extensive experience in virtual reality live streaming technology. Liu is a well-established entrepreneur.

Put simply, the Theta Network utilizes the advantages of the blockchain to provide a better streaming experience. To do this, it uses content delivery networks (CDNs). These are geographically linked networks of operators.

In addition, the Theta Network can be used by developers to build decentralized apps on the blockchain. In particular, the Theta network is gaining increasing popularity popular with online content creators seeking more control over their videos such as how they are watched, their overall quality, and how they get paid for them.

Interestingly, the Theta blockchain has two native currencies. The first is Theta Fuel (TFUEL), which is used to pay out rewards, and Theta coin, which launched in 2019 and allows users to stake a claim on voting rights and validate transactions.

Like Bitcoin, the Theta Coin is limited and cannot be mined, prospective buyers must wait for a holder to sell it before they can buy. 

Pros and cons of THETA

Like any cryptocurrency, Theta has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of Theta.

ProsCons
✔️ Theta is run by an experienced and dedicated team of developers.❌ Theta cannot be mined as it uses a PoS and not PoW.
✔️ Theta uses smart contracts to facilitate reward distribution.
✔️ The Proof-of-Stake (PoS) mechanism doesn’t require as much computing power and has a higher transaction throughput.

THETA FAQ

Do you still have questions about Theta? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about Theta to give you a better understanding of the original digital asset and its price potential.

Who uses Theta? 

Theta is used by those who wish to take advantage of optimized streaming run through blockchain technology. It’s also used by developers who wish to build decentralized applications on the Theta blockchain.

How does Theta gain value?

Like most cryptocurrencies, the value of Theta is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships, support for Theta is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.

Can Theta reach $100 per token?

Based on its recent price surges and innovative nature of being a platform with a growing userbase looking to utilize its various benefits, it’s possible that Theta could reach $100 per token one day, but this would be in the long term.

Where do people buy, sell, and trade Theta?

You can buy, sell, and trade Theta from various crypto trading platforms. If you are a new investor, then we suggest using a brokerage like eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.

THETA Price History

THETA Price History

As a relatively new addition to the crypto space, the initial price history of Theta was rather unremarkable. It hovered around $0.10 until the spring of 2020. In May of that year, it surged to $0.70 and would later go on to pass the $1 per token mark by the 22nd of December.

This price rise resulted in an early Christmas present for many, but the price journey of Theta was far from over. By the 5th of January 2021, the price surged to $2.13 and skyrocketed to $3.19 by February. 

By March, the price of Theta had reached over $12 per token before going on to reach $15 per token by the middle of April. But this was not sustainable and combined with the crypto crash of May this year, the price dropped to under half. 

However, many people believe this is the perfect time to get on board with Theta before the price potentially surges once again. But let’s see what the experts have to say.

Expert analysis of the THETA price potential

Expert analysis of the THETA price potential

One of the best tools we can use to try and determine the potential future price of Theta is to analyze the opinions of various crypto experts. Let’s delve into four estimated growth outlooks for various industry experts and analysts.

Trading Education

Overall, Trading Education is bullish on the Theta price prediction. Based on Theta continuing to build partnerships with influential organizations and persisting with being a unique model that retains a solid support base, they believe it has the potential to reach between $30 and $100 between now and 2025.

WalletInvestor

WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to Theta, they are also bullish. Over the long term, WalletInvestor predicts that the price of Theta could reach somewhere around $39.52 by the end of 2025.

DigitalCoinPrice

DigitalCoinPrice is fairly bullish on its Theta outlook and expects the price to gradually increase over the long term. DigitalCoinPrice predicts it to reach $10.37 by the end of 2021, $15.24 by the end of 2023, and finally, a figure of $20.56 by 2025.

LongForecast 

Another rather bullish expert analysis on Theta is LongForecast. They predict the price of Theta in 2021 to potentially reach up to $7.72 by the end of the year. By the end of 2023, they expect it to reach $10.16. But they expect the price to reach $13.74 by the year 2025.

So from over $10 in the short term and up to $100 in the long term, the overall expert analysis on the future price of Theta is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?

Technical analysis of the THETA price potential

Technical analysis of the THETA price potential

Now we move on to technical analysis to try and predict the future price of Theta. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.

Theta Price Prediction 2021 – 2022

Since the beginning of 2021, the price of Theta skyrocketed by 134% from $2.95 to its current price of $6.92. It’s predicted that the Theta price will rise an additional 12% in the second half of 2021 and it’s then expected to close the year at $7.72. A year-to-year change of +162%. 

Theta Price Prediction 2022 – 2023

After starting the year at $7.72, it’s predicted that the price of Theta will drop slightly to $7.44 per coin in the first half of 2022, it’s then expected to lose $0.41 and finish the year at $7.03, which is a +2% gain on the current price.

Theta Price Prediction 2023 – 2024

After starting 2023 at $7.03, Theta is expected to rise to a figure of $8.61 midway through the year before going on the rise again and ending the year at $10.16 at an overall annual increase of 47% from the current price.

Theta Price Prediction 2024 – 2025

After starting 2024 at $10.16, Theta is expected to rise to $11.68 halfway through the year. The second half of 2024 is expected to see the price of Theta end the year at an even higher price than the first half of 2024 at $12.38. That’s an overall annual increase of 79% on the current price.

Conclusion

In conclusion, Theta has demonstrated its ability to become a serious blockchain streaming platform. Based on its growing customer base, innovative streaming and development aspects, and recent price surges, it’s possible that Theta has the potential to become a very smart investment for those looking to invest in digital assets.

Whilst many people can see the significant potential in Theta, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.

Where to buy THETA?

Theta is available to buy and trade on various crypto brokerage platforms. But in our experience, eToro is the most ideal. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading. 

What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on crypto. This allows you to multiply small amounts to become large powerful positions that drive massive profits.

Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Theta is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.

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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of Theta and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.

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