Theta Network

Theta Network THETA

$0.192041 +4.74% #188
Market cap$192.06M
24h volume$13.09M
1h change-0.07%
24h change+4.74%
7d change-3.10%
From ATH-98.78%

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Price$0.192041
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Description

Theta Network is the leading blockchain-powered decentralized cloud for AI, media and entertainment. It can be viewed as a "dual network" consisting of two complementary subsystems, the Theta Edge Network and the Theta Blockchain. The edge network provides vast amounts of GPU compute power for AI, video, rendering and other tasks, while the Theta blockchain provides payment, reward, and smart contract capabilities. Below we provide more details for the two components.

Theta's Edge Network is a decentralized network consisting of over 10,000 active global nodes with 80 PetaFLOPS of always available distributed GPU compute power, equivalent to 250 Nvidia A100s. Theta Edge Network powers the Theta EdgeCloud, a leading hybrid cloud-edge AI computing platform launched on May 1, 2024. Leveraging Theta's recently approved patent on ‘Edge Computing Platform supported by Smart Contract Enabled Blockchain Network’ and the upcoming release of Elite+ Booster edge nodes, all Theta community members will be able to participate and share in the rewards from EdgeCloud AI, video, 3D rendering and gaming compute jobs. While chatbots like ChatGPT and others utilize GPUs, new generative AI models such as text-to-video, text-to-3D and sketch-to-3D will require 10-100x the amount of computational power. The combined GPU compute power of Theta's decentralized edge network and its preferred cloud partners is 20-30x more than other comparable networks in the industry today, holding the keys to global GPU compute, arguably the most valuable and most disruptive asset in history.

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FAQ about Theta Network

What is the current price of Theta Network?

Theta Network (THETA) is currently trading near $0.192041. Over the last 24 hours the price is up +4.74%. Its market cap stands at $192.06M, 24h volume is $13.09M, and its market-cap rank is #188.

How has the price of THETA moved recently?

Over the last 1 hour the price is down +0.07%. Over the last 24 hours the price is up +4.74%. Over the last 7 days the price is down +3.10%. Use these moves together with the chart and latest headlines on the coin page for context.

What are the historical extremes for Theta Network?

Theta Network (THETA) reached its all-time high at $15.7200 on Apr 16, 2021. Its all-time low was $0.04039979 on Mar 13, 2020. The current price is -98.78% versus ATH and +375.40% versus ATL.

What is known about the market profile of Theta Network?

Categories for Theta Network (THETA) are not fully populated yet, so use the project description, liquidity profile, and related coins block for additional context. If funding-round data becomes available, it will appear on this page as well.

What should you watch before making a decision on THETA?

Start with liquidity ($13.09M in 24h), distance from ATH (-98.78%), the weekly trend, and the latest headlines. For Theta Network (THETA), it helps to compare the chart, key metrics, and recent stories: the page currently shows 0 fresh items.