Theta Fuel Price Reaches $0.0641 on Major Exchanges (TFUEL)

Theta Fuel (TFUEL) traded 1.4% higher against the dollar during the 1-day period ending at 16:00 PM E.T. on May 25th. In the last week, Theta Fuel has traded up 0.8% against the dollar. One Theta Fuel coin can now be bought for about $0.0641 or 0.00000216 BTC on popular cryptocurrency exchanges. Theta Fuel has a total market capitalization of $339.87 million and approximately $23.73 million worth of Theta Fuel was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Avalanche (AVAX) traded down 3.8% against the dollar and now trades at $27.37 or 0.00092374 BTC.
  • Cronos (CRO) traded 1% lower against the dollar and now trades at $0.18 or 0.00000622 BTC.
  • NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $5.73 or 0.00019340 BTC.
  • Algorand (ALGO) traded 0.2% higher against the dollar and now trades at $0.41 or 0.00001369 BTC.
  • Hedera (HBAR) traded up 0.1% against the dollar and now trades at $0.0973 or 0.00000328 BTC.
  • Elrond (EGLD) traded down 3.2% against the dollar and now trades at $87.76 or 0.00296234 BTC.
  • Helium (HNT) traded down 0.3% against the dollar and now trades at $7.57 or 0.00025554 BTC.
  • Kava (KAVA) traded 0.4% higher against the dollar and now trades at $2.69 or 0.00009090 BTC.
  • Kava.io (KAVA) traded flat against the dollar and now trades at $5.62 or 0.00012724 BTC.
  • Divi (DIVI) traded up 13.4% against the dollar and now trades at $0.0415 or 0.00000140 BTC.

Theta Fuel Coin Profile

TFUEL uses the hashing algorithm. It was first traded on March 15th, 2019. Theta Fuel’s total supply is 5,301,214,400 coins. Theta Fuel’s official Twitter account is @Theta_Network and its Facebook page is accessible here. The Reddit community for Theta Fuel is /r/theta_network and the currency’s Github account can be viewed here. The official message board for Theta Fuel is medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e. The official website for Theta Fuel is www.thetatoken.org.

According to CryptoCompare, “The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high-resolution high bitrate 4k, and 8k. Second, with sufficient network density, the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues “

Theta Fuel Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Theta Fuel directly using U.S. dollars. Investors seeking to trade Theta Fuel should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Theta Fuel using one of the exchanges listed above.

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