At press time, Theta Fuel’s price was $0.23 with a 24-hour trading volume of $226.3 million. It is one of today’s biggest gainers, adding 16.39% to its value.
This brief guide has everything you need to know about the Theta Fuel network and coin, including whether you should buy it. Here’s where to buy Theta Fuel if you choose.
Top places to buy Theta Fuel now
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What is Theta Fuel?
Theta Fuel (TFUEL) and Theta Token (THETA) are the two native tokens on the Theta blockchain. The latter is the governance token of the blockchain, which many Guardian nodes support.
It is also supported by Theta’s enterprise validators, such as Binance, Google, Samsung, etc. TFUEL is the utility token in decentralized data and video delivery. It also powers all operations on the Theta blockchain.
It’s used to pay fees for NFT and DeFi app transactions, to deploy and interact with smart contracts, and to make payments for sharing video streams.
TFUEL is used to encourage ecosystem members to share their bandwidth resources like Edge Caching nodes for data such as video streams. It also provides an incentive to share redundant computing power, like Edge Compute nodes.
Should I buy Theta Fuel today?
Theta Fuel can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.
Theta Fuel price prediction
Price Prediction forecasts 1 TFUEL will be worth at least $0.32 next year, up to a maximum level of $0.38. The minimum price in 2024 will be $0.48. TFUEL can reach $0.56 that year. It will trade for at least $0.71 in 2025.
Theta Fuel on social media
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