What is Theta Fuel Coin?
Theta Fuel is a cryptocurrency that Theta, a blockchain-based video transmission platform, is used for payment purposes. Theta project attracted the attention of many cryptocurrency investors in Korea when it received investment from the Samsung Group in 2017.
Real-time video streaming services like Twitch, Africa TV, and YouTube have two existing problems. First, inefficient centralization systems result in unfair revenue allocation policies. Second, low image quality results from bottlenecks in data transmission.
Therefore, the Theta project utilizes blockchain network technology to solve problems such as data bottlenecks and unfair profit distribution, which are the disadvantages of real-time streaming platforms. Users can share their computer resources in a P2P manner through the application of the Theta project and receive Theta Fuel in exchange for sharing.
All distribution processes are open to the blockchain through SmartContract and cannot be modified or deleted, which results in the users receiving a fair price. Ultimately, Theta claims that using shared detector resources can save more than 70% of the cost of traditional streaming methods.
Who Founded Theta Fuel?
The developer of the Theta Fuel Coin is Mitch Liu. Mitch Liu is a Chinese-American who founded Theta Labs and serves as the CEO. Liu holds a bachelor’s degree in computer science from MIT and is known for understanding technologies related to video streaming services.
Since the subsidiary of THETAtv developed Theta Fuel, which ran an E-Sport live-streaming business in the United States, experts praised its practical application terms. Liu has over 5 million viewers and subscribers.
We Coin-Labs.com provides only objective information about Theta Fuel.
Therefore, we are not responsible for the investment decision in Theta Fuel and the resulting loss.
Theta Fuel Basics
Here are some factors that investors should consider before investing in Theta Fuel.
| Cryptocurrency Features | Theta Fuel (TFUEL) |
|---|---|
| Publisher or Developers | Theta Labs |
| Headquarters (Registration Number) | USA |
| Symbol | TFUEL |
| Platform | |
| Published Date (CMC Registration) | 2024-11-01 |
| Max Supply | No limit |
Reliability Score of Theta Fuel in 2024
These are indexes mesuring the investment reliability of Theta Fuel conducted by Coin-Labs.com.
| Investment Reliability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | 4.5 / 10.0 CAR |
| Communication Rate | 9.2 / 10.0 CR |
| Technology Transparency Rate | 4.4 / 10.0 TTR |
| Development Participation Rate | 7.7 / 10.0 DPR |
| Listing Status on the World's Top 10 Exchanges | Listed on 4 Exchanges |
| Number of Available Pairs Worldwide | 80 Pairs |
| Market Cap of the Cryptocurrency | 271,001,328 USD (Rank #169) |
The table above shows the result of investment suitability evaluation for Theta Fuel.
Check out how we evaluate cryptocurrencies on the crypto rating description page.
Theta Fuel Price
Here are the price and recent trading volume of Theta Fuel. (Data of 2024-11-02 00:37:00)
| Price Items | Price and Trading Volume of Theta Fuel |
|---|---|
| Theta Fuel Price | 0.052 USD |
| Price Change 24h | -1.58% |
| Price Change 7d | -9.26% |
| Trading Volume 24h | 9,219,266 USD |
| Trading Volume Change 24h | 15.00% |
Cryptocurrency Metadata
You can check the development status and social media information of Theta Fuel through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | https://www.thetatoken.org |
| 📖 White Paper | https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdf?v=1553657855.509 |
| 🛰️ Source Code (GitHub) | https://github.com/thetatoken/theta-protocol-ledger |
| https://twitter.com/Theta_Network | |
| https://reddit.com/r/theta_network | |
| 🎺 Message Board | https://medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e |
Where to Buy Theta Fuel
Here are the top ten world crypto exchanges where traders can buy Theta Fuel in 2024.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Listed | https://www.binance.com/en/trade/TFUEL_BTC?theme=dark&type=spot |
| Coinbase | Not listed | |
| Kraken | Not listed | |
| KuCoin | Listed | https://www.kucoin.com/trade/TFUEL-USDT |
| Bitfinex | Not listed | |
| OKX | Not listed | |
| Huobi | Not listed | |
| Bitstamp | Not listed | |
| Bybit | Not listed | |
| Gate.io | Listed | https://www.gate.io/trade/TFUEL_USDT |
Frequently Asked Questions
What is the current price of Theta Fuel?
Theta Fuel price today is 0.052 USD. Furthermore, the price of Theta Fuel has fluctuated by -1.58% from 24 hours ago, and by -9.26% from a week ago.
Where is Theta Fuel listed?
Currently, it is listed on a total of 4 among the world top 10 exchanges.
What is the market cap of Theta Fuel now?
Currently, Theta Fuel has a market cap of 271,001,328 USD, which is ranking 169 among cryptocurrencies worldwide.
How much is the trade volume of Theta Fuel?
Currently, 6,731,155,605 TFUEL coins are circulating through 80 market pairs. As a result, in the last 24 hours, 9,219,266 USD of TFUEL coins were traded in the market.
