Cryptocurrency Theta Beats Chainlink, Enters Top 10

Theta, the cryptocurrency of Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term project Theta Network, has jumped above Chainlink in terms of market cap. The digital asset is now the 10th largest cryptocurrency in the world with a market cap of more than $11 billion.

According to the latest data published by Coinmarketcap, Theta is up by more than 70% in the last 7 days. The digital currency is now more valuable than USDC, Bitcoin Cash (BCH), Stellar (XLM) and Dogecoin (DOGE).

Theta blockchain in an end-to-end infrastructure for decentralized video streaming and delivery. The core advisors include Steve Chen, Co-Founder of YouTube and Justin Kan, Co-Founder of Twitch.

“Theta’s core advisor is YouTube Co-Founder Steve Chen, with sufficient funds, top 10 holds 61% of the currency, which may be easy to manipulate the market, the new version of Theta will be launched in the near future and keep up with the NFT boom. Some of Theta's investors and advisors have a poor reputation in China, but it is irrationally sought after in South Korea. According to CMC data, the trading volume of Theta/KRW on Bithumb, the leading exchange in South Korea, ranks fourth,” Wu Blockchain, a China-based crypto researcher mentioned on Twitter.

Theta’s Price Jump

Theta started this year with a price level of $1.9 billion. The cryptocurrency registered a jump of more than 500% in the last 12 weeks. As of writing, the world’s 10th largest cryptocurrency is trading near $11.15 billion with a market cap of around $11.2 billion. The recent boom in altcoins has contributed a lot towards the jump in the price of Theta. The cryptocurrency assets like IOTA, Filecoin, TRON, Kusama and BTT have also posted strong gains in the last 7 days. The surge in altcoins is causing a drop in the market dominance of Bitcoin.

BTC’s market dominance dropped from 62% to 59.5% within the last 7 days. The world’s top 5 Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB) and Cardano (ADA).