In this post, we will focus on THETA crypto price in the future to answer the question: Is THETA a good Investment?
To provide an appropriate answer regarding the future price of THETA, we will start with THETA’s fundamental analysis. Then we will briefly analyze the THETA price history. In essence, one way to know how THETA may behave in the coming years is to consider the coin’s previous price performance. In this way, we will reveal possible support and resistance levels that may guide us on how THETA crypto price may respond in the future.
You may wonder what the THETA project is? What kind of team is behind it? What goals does THETA follow to achieve? How do cryptocurrency analysts and experts think about THETA? Are THETA predictions bullish or bearish? Will THETA go up or down in the future? How high will THETA go in the short and long term? Should I invest in THETA or not? Or the question that can THETA make me rich?
If you are interested in knowing the answers, we strongly recommend you keep reading this post to have your questions answered.
THETA Fundamental Analysis
Currently, there are more than 5300 cryptocurrencies trading on the market. Some of these cryptos have the potential to make you a millionaire. However, some of these altcoins are still anonymous, undervalued, and not well known to many people. In this regard, THETA is a relatively young coin that is not yet well-known globally.
The THETA network is fundamentally a decentralized video delivery network built on blockchain technology. In 2018, Mitch Liu and Jieyi Long founded the THETA network. Later, Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch, joined the THETA team. THETA was previously based on the Ethereum blockchain until the THETA team decided to build their own. The THETA team properly designed its blockchain that has been favorably compared to that of Ethereum. THETA team includes very credible technical and business developers with vast experience in information technology (IT), cryptography, media advising, content management systems, and blockchains.
The THETA Network delivers its services to the public through THETA. TV, the primary streaming service of the network. Thus, THETA users can conveniently watch and upload their videos. THETA.TV is set to be available on future Samsung Galaxy phones, further expanding the service’s global reach.
Why is THETA Promising?
THETA team was the first player in the cryptocurrency market who directed its attention to digital advertising or video networking. THETA shows great promise as a new player in the gaming and online video broadcasting industry. As a side note, according to Market Watch, the global video streaming industry is projected to grow at an annual rate of 20%. As a decentralized video-streaming network, THETA offers several advantages over traditional streaming platforms such as Netflix, Hulu, and YouTube. Thus THETA network has a great potential to flourish in the growing future market of the video streaming industry. As such, users can easily stream videos without the need for a third-party platform. Steve Chen once said that THETA is “set to disrupt today’s online video industry in much the same way that the YouTube platform did to traditional video sharing back in 2005.”
Generally, the THETA network is likely to revolutionize the way we access video content. THETA’s video streaming model will make it easier, faster, more secure, providing high-quality streams with little to no lag time. The THETA system rewards users with THETA coins to encourage usage. This strategy will attract more users in the future. Increasing adoption will have a tremendously positive effect on the THETA coin and its circulating supply. In other words, THETA price increases will boost investor sentiment across the cryptocurrency market.
Moreover, the THETA network has a very competent team behind it. The THETA network collaborates with several top companies and capitalists, including Google, NASA, Sony, Samsung, and many other high-profile companies as well as Silicon Valley venture capitalists. It is a good sign that the network is viable and has a positive future. In addition to all these positive assets, THETA also has a healthy ecosystem and a well-researched whitepaper.
THETA Crypto Price History
In 2018, the THETA token started trading at the price of $0.20, which was largely due to the bull market of 2017. Later, THETA’s price fell along with other cryptocurrencies. By April 2020, the coin was worth about $0.06. Following another bullish run, THETA’s price increased significantly. Therefore, on April 16th, 2021, the coin reached its all-time high of $15.90. But, the THETA coin price has been falling in value since April 2021. By June 3, 2021, THETA was worth $8.93, still considerably more than what it was at the start of 2021.
Source: CoinMarketCap (THETA Crypto Price History 2018-2021)
As shown in the price chart, the THETA coin moved from an all-time low of $0.03977 on March 13, 2020, to its all-time high of $15.90 on April 16, 2021, just within one year and one week. If we believe that history repeats itself, there is a good chance that the coin can reach new heights if the crypto market enters another bullish phase. The credit for the recent THETA increase is due to investors’ faith in the asset. Since now, the THETA coin has performed well in the crypto market.
Within just about four years of trading, the THETA crypto price has jumped from $0.20 to its current price of $7.58 on August 17, 2021. Also, THETA price started in 2021 at $2.95. Today, THETA traded at $6.84, representing a %132 increase from the beginning of the year.
Source: WalletInvestor (THETA Technical Analysis)
THETA Crypto Price Prediction
THETA price predictions are based on several factors, including technical price analyses, trading volume, market cap, and annual starting prices. They predict a maximum price or minimum price based on how they think it will trend over the next few years and what has happened in the past few years. However, given the short history of the coin in the market, these predictions are just speculations and should not be taken for granted. With that said, let us take a closer look at how leading experts and analysis consider THETA’s future price performance.
Coin Price Forecast THETA Crypto Price Prediction
According to their recent long-term forecast, the forecasted THETA price at the end of 2021 is $9.58. THETA price will reach $10 by the end of 2022 and then $20 by the end of 2025. THETA will rise to $25 within the year 2033.
Source: Coin Price Forecast (THETA Crypto Price Forecast)
Long Forecast THETA Crypto Price Prediction
The Economy Forecast Agency (EFA) –also known as Long Forecast- has predicted a volatile price movement for the coin in the coming months of 2021.
Source: Long Forecast (THETA Crypto Price Prediction in 2021)
However, in the long term, THETA will increase, reaching $11.01 in 2022, $13.47 in 2023, and $20.04 in 2025. So, in the long run, THETA will go up, making its holders very happy. Holders can have it through cloud mining centers.
Wallet Investor THETA Crypto Forecast
According to the Wallet Investor forecast system, THETA is an awesome long-term investment. The THETA price will go up from $6.924 to $16.131 in one year. The THETA future price will be $49.489. the platform suggests that THETA can be a profitable investment option. Based on their forecasts, a long-term increase is expected. The THETA price prognosis for 2026-08-15 is $49.489. Thus, with a five-year investment, the revenue will be almost +614.75%.
Source: Wallet Investor (Short-term THETA Crypto Price Prediction in 2021)
(Long-term THETA Crypto Price Prediction)
THETA forecast earnings growth
TradingBeasts THETA Crypto Price Forecast
The platform predicts that the THETA crypto price will reach $6.99513 by the beginning of September 2021. The expected maximum price is $8.84105, and the minimum value is $6.01191. The THETA network price prediction for the end of the month is $7.07284.
The THETA network price is forecasted to reach $7.22002 by the beginning of December 2021. The expected maximum price is $9.11187, and the minimum price is $6.19607. The THETA network price prediction for the end of the month is $7.28950.
Source: TradingBeasts (THETA Network Price Prediction for 2021)
In December 2021, THETA will be at least $6.76655. In December 2023, the minimum predicted price is $7.01566. The website predicts that THETA will reach a maximum of $10.03418 in 2024. Therefore, according to TradingBeasts forecasts, the THETA crypto price will increase in the short and long run.
CryptoNewsZ THETA Crypto Price Forecast
CryptoNewsZ price predictions for THETA are tremendously encouraging. The platform thinks the token might jump to about $20 in September and can even reach a price point of $25 till December 2021. Also, there are predictions that THETA will rise in the next year, i.e., 2022. As a result, the THETA coin can touch in the range of $25-$30 in 2022.
According to the forecast, it is highly likely that the end of 2022 or the year 2023 may not be so great for THETA coin, especially if the market experiences massive volatility or rivals catch up. There is a predicted eventuality of THETA incurring a loss, dropping to support $20 levels again. However, by the end of 2023, the THETA crypto price will reach $50 to $52.
It is expected that THETA will rise to $60 in 2024, which shows THETA has full potential for going up and consistently growing even in hard times. In 2025, the coin can surpass an average of $70 by all means. Also, CryptoNewsZ expects that with some patience and keeping the hopes high in the long run, THETA coin might be in a better place by 2025. Their highly optimistic THETA price prediction over the long term is based on the prospect that the adoption of THETA will grow exponentially. Within the next few years, THETA will be no more an anonymous and inexperienced entrant in the world of cryptocurrencies but a seasoned player.
Cryptopolitan THETA Crypto Price Prediction 2021-2025
Cryptopolitan thinks that THETA is a cryptocurrency with significant potential given its strong technical groundwork and utility. Thus, it expects that THETA might jump above $20 in 2022. Given their THETA crypto price forecast, the likelihood of THETA coin experiencing some resistance in 2023 between $20 and $25 is high. However, a climb back to $40-$42 will follow the downward correction. By 2023, THETA is expected to surpass its all-time high at $50-$52. Also, the THETA price may override weaknesses and perform at $50 by 2024. 2025 might be the landmark year for the coin price, and most analysts agree THETA price will hover near $70.
Coincodex THETA Price Prediction
As reported by the website, the price of THETA Token will decrease by -10.56% and reach $ 6.25 till August 23, 2021. However, based on their THETA Token forecast, it is now a good time to buy THETA coin because it will soar in the future.
THETA Network is emerging as a leader in video content streaming, and it has a possibly bright and promising future ahead. THETA coin is potentially valuable. But, currently, like other cryptocurrencies, it is very volatile. Therefore, THETA investors may either gain or lose by investing in it. No one can tell with certainty what will happen in the future.
THETA is a young coin. So there is still a long way to go before achieving its goals. Nevertheless, despite volatility and a few other challenges, based on its price history, THETA has shown a tremendous increase in price over the last few years. Moreover, due to fundamental analysis and THETA crypto price predictions, the coin will likely explode in the future. On the whole, many encouraging factors are indicating that THETA could be a very worthwhile investment, and you had better adding the coin to your investment portfolio. But as the bottom line, do your due diligence before investing in THETA and only invest what you can afford to lose.