Streaming is projected to have a compound annual growth rate of 20.4% from 2020 to 2027. It is also expected that the revenue of this industry will exceed $688 billion by 2024. While YouTube and Netflix dominate the sector, decentralized streaming networks are creating their own broadcaster, Theta. At the time of writing, it is the 42nd largest cryptocurrency by market cap and the Theta Network crypto price is at a very good buying point.
Theta Network current price history
After the launch of the token in 2018, Theta Network live price chart remained relatively low throughout the first year, hovering below the $0.50 mark. However, it eventually got over that psychological level in September 2020. Since then, the price has skyrocketed, breaking the $15 mark in early April 2021.
On December 22, 2020, FXStreet announced that “the Theta Network token price is going to be a great success.” But where can the Theta Network coin price chart go from here?
The Theta Network price now is $1.11 and the nearest future of this coin doesn’t seem bright.
Theta Network price charts analysis
There is no doubt that THETA to USD price has experienced phenomenal growth in 2021. After the COVID dump that affected many cryptocurrencies, it rose by 1000% between March and May. But the Theta Network crypto price meteoric rise did not stop there. After trading as low as $0.05 in March, it was already above $1 in mid-December before skyrocketing to $15 in early April 2021.
It can be said that this was at least partly caused by a bull run in crypto in general in late 2020 and 2021.
However, this is most likely due to the publication of the mainnet 3.0 development plan. With this protocol update, the network will record the broadcast and it will be possible to turn it on.
In addition to this, other Theta Network coin news such as the Google Chrome Theta Wallet extension and a protocol upgrade to simplify smart contracts on the network are likely to drive up the THETA to USD price.
As with other cryptocurrencies, Theta Network live price chart is expected to be affected by price fluctuations and a correction may well occur in the short to medium term.
But ultimately, in the long run, what is a Theta Network price prediction?
Theta Network coin price chart forecast
Like most cryptocurrencies, Theta Network price prediction varies from analyst to analyst. Let’s see what some of them have to say.
- Wallet Investor called Theta Network price now a “great” long-term investment point. According to the experts, the Theta Network current price will be worth over $10 by 2025.
- Previsioni Bitcoin believes that the Theta Network token price will reach $10 even earlier, by 2023.
- Digital Coin Price is not as optimistic, but they believe investors will reap a massive five-year return as the price breaks $8 by 2025.
- Gov Capital predicts that Theta Network price charts will show us $7.69 by 2025.
Many Theta Network coin news suggest that the value will rise significantly in the coming years.